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Tractian gets $45M to expand AI monitoring of industrial machinery

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Tractian, an industrial asset monitoring company that uses AI to predict mechanical failures, has announced a $45 million series B funding round led by Boston-based venture capital firm General Catalyst and Next47.

The funding will enable Tractian to expand its AI capabilities, grow its research and development (R&D) team and enter new industrial verticals. The round follows a $15 million…

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