The round was led by Decarbonization Partners, a partnership between BlackRock and Temasek. Ecolab, Rethink Impact, and GSBackers also participated in this round, alongside existing investors Greycroft and Breakthrough Energy Ventures (BEV), among others.

Guidewheel is on a mission to empower all the world's factories to reach sustainable peak performance. Its AI-powered FactoryOps platform makes the power of the cloud accessible to any factory. Guidewheel clips onto any machine to turn its real-time "heartbeat" into a connected, active learning system that empowers teams to reduce lost production time, increase efficiency, and perform better and better over time. A global software company founded out of Stanford, Guidewheel is backed by top investors including Greycroft, Breakthrough Energy Ventures, and Decarbonization Partners, was named a Tech Pioneer by the World Economic Forum, and works with hundreds of manufacturers across the globe.