LS Corp
Assembly Line
FogHorn Extends Industrial Edge Intelligence Leadership with $25M in Series C Funding
FogHorn announced exponential software licensing growth and new investment that expands the company’s leadership in industrial and commercial edge AI/ML deployments. FogHorn recently closed $25 million in a series C round of funding led by LS Corp., a Korean industrial conglomerate with over $25 billion in global revenue. In addition to LS Corp., Forte Ventures also joined the round with existing FogHorn investors including Dell Technologies Capital, Intel Capital, Saudi Aramco Energy Ventures, Honeywell Ventures, GE Ventures, Robert Bosch Venture Capital, March Capital Partners and Darling Ventures. With this latest investment, FogHorn has raised $72.5 million to pioneer industrial edge AI/ML solutions.