What does Collide do?
Collide offers a GenAI platform designed for the energy industry, serving as an exclusive hub where engineers, geoscientists, and field operators can share specialized technical information. The platform integrates advanced large language models with retrieval augmented generation to synthesize data from authoritative sources and deliver actionable insights.
How much did they raise?
The company raised $5M in Seed funding, with Mercury Fund leading the round and participation from investors like Bryan Sheffield, Billy Quinn, and David Albin. The funds are aimed at enhancing the platform and expanding its engineering and technical teams.
What are their plans for the money?
Collide intends to use the investment to further accelerate the development of its AI-native platform, expanding its generative AI portfolio to streamline workflows and improve operational efficiency for oil and gas professionals.
What have they achieved so far?
The company has successfully developed a community-driven platform that leverages cutting-edge AI technologies to provide specialized insights, establishing its presence in the energy sector.
