Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes. The investment will support the continued development of Algo8’s AI platform while enabling Chemelex to enhance operational efficiency, improve productivity, and maintain high product quality across its global manufacturing operations. As part of the collaboration, Chemelex CEO David Prystash will join Algo8’s Board of Advisors.
Algo8’s proprietary platform, Plantbrain, integrates data from industrial systems to generate predictive and prescriptive insights, helping manufacturers optimize operations, reduce downtime, and improve decision-making. Chemelex is already deploying this technology across its facilities to drive process consistency, efficiency, and supply reliability.
David Prystash, CEO, Chemelex stated that investing in advanced technologies is central to Chemelex’s strategy for maintaining manufacturing excellence. He noted that integrating industrial AI capabilities will strengthen productivity and enhance the company’s ability to meet evolving customer demands.
Nandan Mishra, CEO and Co-Founder of Algo8, emphasized that the partnership will accelerate the development and global deployment of the company’s platform, enabling measurable performance improvements through AI-driven solutions.
For Algo8, the collaboration provides both capital and access to Chemelex’s global manufacturing footprint, facilitating broader adoption of its technology across industrial environments. Algo8 is a technology-driven company focused on artificial intelligence, data analytics, and digital transformation solutions for enterprises.
The company specializes in building scalable AI models, automation tools, and data-driven platforms that help organizations improve decision-making and operational efficiency. Algo8 works across industries such as manufacturing, finance, and logistics, enabling businesses to unlock value from complex datasets. With a strong emphasis on innovation and customization, the company delivers solutions tailored to specific business needs. Its expertise in machine learning and advanced analytics positions Algo8 as a growing player in the global AI ecosystem.
Chemelex is a global provider of advanced electrical heat tracing and thermal management solutions, serving industries such as energy, chemicals, infrastructure, and commercial construction. The company’s portfolio includes self-regulating heating cables, control and monitoring systems, and engineered solutions designed to maintain process temperatures and protect critical assets.
Chemelex integrates digital technologies to improve energy efficiency, safety, and operational reliability. With a strong international presence and a focus on innovation, the company supports customers in optimizing performance while advancing sustainability and reducing total lifecycle costs across complex industrial environments.
