Kemchain receives NEOTEC grant from CDTI to Develop an AI and neural Network HUB
We have been selected to receive the prestigious NEOTEC 2024 grant, awarded by the CDTI CDTI (Center for the Development of Industrial Technology).
At Kemchain Solutions S.L., we are thrilled to announce a major milestone: we have been selected to receive the prestigious NEOTEC 2024 grant, awarded by the CDTI (Center for the Development of Industrial Technology), a public institution under the Spanish Ministry of Science and Innovation.
This recognition enables us to take a significant step forward in our mission to revolutionize data management for chemicals and suppliers.
Our project, focused on developing an AI and Neural Network HUB, has been granted €335,000 in funding. The initiative, set to run from January 2025 to December 2026, aims to optimize the extraction and analysis of complex data for the chemical industry and related sectors.
“Proyecto “DESARROLLO HUB DE IA Y REDES NEURONALES PROPIAS PARA LA GESTIÓN DE DATOS QUÍMICOS” Subvencionado por el CDTI, proveniente del Ministerio de Ciencia e Innovación.”
Recognizing Innovation
Among over 468 proposals submitted to the NEOTEC 2024 program, our project achieved an outstanding score of 86.00, ranking in the top 15 selected projects, and top 4 of AI developments. This recognition not only validates the innovative potential of our solution but also strengthens our commitment as an emerging tech company driving digital transformation in industrial processes.
What Is Kemchain’s AI HUB?
Our SaaS platform, Kemchain Suppliers, is already well-regarded for its ability to manage and trace technical documentation and supplier questionnaires. With the development of this AI HUB, we are taking it a step further: transforming how critical documents such as Safety Data Sheets (SDS), technical data sheets, sustainability certificates, carbon footprint reports, and deforestation records are managed.
Using advanced Machine Learning techniques, the HUB will improve the interpretation and analysis of unstructured data, regardless of its format or origin. This will drastically minimize errors, and maximize efficiency and time.
Industry Impact
The NEOTEC grant will allow us to advance toward smarter, more scalable, and automated document management, ensuring chemical data meets the highest quality and regulatory standards. This improvement in traceability and compliance will directly benefit our clients, enabling them to focus resources on growth and achieving sustainability, homologation, and regulatory goals.
Gratitude and Future
We extend our heartfelt gratitude to the CDTI for this support. This milestone reinforces our commitment to innovation and drives us to continue developing impactful solutions for the chemical industry and related sectors.
Would you like to learn more about how Kemchain can transform your document management? Visit our website at www.kemchain.com or request a demo. We’re here to help simplify your processes and achieve new levels of efficiency.