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LivNSense Secures Funding Led by Pavestone for GreenOps Expansion

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LivNSense, an innovative cleantech startup, has achieved a significant milestone by securing investment from Pavestone Technology Fund (Pavestone) in its latest funding round, totaling $2.75 million for growth. Founded by Mr. Avnish Kumar, LivNSense is dedicated to the vision of achieving a Carbon Neutral World and remains unwavering in its pledge to contribute to a Net Zero Planet.

At the core of LivNSense's groundbreaking solutions lies GreenOps, its premier product an advanced AI platform for energy balance. GreenOps utilizes Artificial Intelligence, Soft Sensors, and digital-twin technology to drive the world towards a future with "Zero Carbon" footprint. With patented intellectual properties, GreenOps has been adopted by prominent international entities in sectors such as cement and asphalts, metals, mining, heavy engineering, and petrochemical manufacturing. The platform plays a pivotal role in mitigating carbon emissions while concurrently boosting profitability for these industries.

The capital obtained from this expansionary funding round will be strategically allocated to enhance the functionalities of GreenOps. The emphasis is specifically on advancing the capabilities of the industrial "Carbon Cockpit" and facilitating the entry into new markets.

Avnish Kumar, Co-founder and CEO at LivNSense, expressed his enthusiasm about the partnership with Pavestone. He stated, “We are pleased to announce our latest funding round led by Pavestone will help us continue to build our Green-AI platform with a goal to deliver 100s of megatons of Carbon reductions and touch upon billions of lives globally. We believe that Pavestone’s investment thesis and approach would make them an ideal partner in our journey".

V. Laxmikanth (VLK), Managing Partner at Pavestone, also shared his excitement about the collaboration. He stated, “We are excited to work with the LivNSense towards decarbonization of ‘hard-to-abate’ sectors. The team’s expertise in building engineering led Artificial Intelligence and Digital Twins to impact the carbon lifecycle would help to address the industry challenges for both real-time carbon measurement to energy transition by usage of Alternate/Green Fuels. We believe that the company’s foundational knowledge of energy and process systems, coupled with an IP-led approach would be a key differentiator".

Priyanka Kumar, Co-founder and COO at LivNSense, highlighted the unique advantage of GreenOps in the evolving landscape. She stated, “Fossil fuels will still be one of the major feedstocks after 2030 given the current state of carbon mitigation. GreenOps has a unique advantage for long-term play even after process electrification and green hydrogen technologies are commercialized. GreenOps would integrate into these technologies in the future as a ‘full stack decarbonization’ platform for comprehensive ‘energy balance’ across electrical energy, alternative fuels, and green energy technologies".