AICA SA
Seed Round in 2025
AICA SA specializes in developing robot-agnostic software aimed at simplifying the programming of robots through the use of artificial intelligence. Recognizing the complexity and time-consuming nature of traditional robot programming, the co-founders created a user-friendly software solution that significantly reduces computing time while employing advanced algorithms. This innovative approach allows for a modular setup that enhances the interaction between humans and robots, enabling clients to implement and manipulate robotic systems on-site with ease. AICA envisions a future where robots can take over dirty, dull, or dangerous tasks, allowing humans to focus on more creative and challenging work.
NODE Robotics
Series A in 2025
NODE Robotics specializes in developing end-to-end software solutions for autonomous intralogistics. Their flagship product, NODE.OS, enables seamless integration of heterogeneous Autonomous Mobile Robots (AMRs) from various vendors into a single, autonomous fleet. This platform offers online route planning and dynamic motion planning, allowing businesses to operate multi-vendor AMR fleets with minimal commissioning efforts, thereby enhancing flexibility and autonomy in modern factories.
Eigen Innovations
Venture Round in 2024
Eigen Innovations Inc. is a Canadian technology company that develops artificial intelligence–driven vision analytics and process control solutions for industrial manufacturers. Its flagship platform, Intellexon, captures video and sensor data from production lines and uses machine learning to identify defects, recommend optimal machine settings, and generate standardized digital inspection records. The company’s OneView software aggregates these records, enabling factory teams to introduce automation, analyze root causes of defects, and reduce recurrence. Eigen Innovations serves sectors such as automotive, food processing, construction materials, and mining, helping clients deploy inline inspection systems that improve quality, predict outcomes, and lower operational risk.
Phantasma Labs
Venture Round in 2024
Phantasma Labs Limited is a London-based company founded in 2018 that specializes in developing a simulation platform aimed at enhancing the training of autonomous vehicles. The company focuses on creating crucial data sets and models of human behavior to improve the understanding of self-driving cars in various scenarios, particularly in extreme situations. By immersing real humans in virtual environments, Phantasma Labs enables artificial intelligence systems to learn from realistic interactions with pedestrians, cyclists, and other road users. This innovative approach facilitates the generation of large-scale data sets that simulate real-life conditions, allowing clients to benefit from advanced decision support without the need for extensive big data. Through its technology, Phantasma Labs contributes to safer and more effective autonomous vehicle operations by training AI to navigate complex human behaviors.
SprayVision
Seed Round in 2024
SprayVision is a manufacturer specializing in spray pattern digitalization technology tailored for the automotive industry. The company provides comprehensive solutions that include analysis, evaluation, process control, flash-off time-lapse monitoring, pattern comparison, and non-contact thickness measurement. Additionally, SprayVision offers a device designed to capture coating results and measure surface thickness. By delivering these advanced technologies, SprayVision enables clients to optimize their production processes during automobile manufacturing, enhancing efficiency and quality in the coating applications.
Luffy AI
Venture Round in 2024
Luffy AI is a technology company that creates adaptive neural networks for edge and embedded applications. Its solutions include an AI flight controller for unmanned aerial vehicles and an intelligent actuator controller for robotics and industrial processes. The company’s core approach is neuroplasticity, enabling models to continuously retrain in real‑time using feedback from the operating environment and user‑defined goals. This allows businesses to optimize complex operations with greater efficiency, resilience, and sustainability. Founded in 2018 and headquartered in Thame, United Kingdom, Luffy AI focuses on delivering real‑time, self‑learning intelligence that adapts to changing conditions without requiring offline retraining.
DataHow AG is a spin-off from ETH Zurich that specializes in data analytics and process modeling for the biopharmaceutical and chemical industries. The company offers digital solutions and consulting services aimed at optimizing process monitoring and scale-up. By focusing on reducing effort, risks, and costs associated with process development, DataHow enhances clients' understanding of complex manufacturing processes. Their services include process screening, monitoring, optimization, and control, providing technological support that enables businesses in these sectors to improve efficiencies in manufacturing and development.
Composabl
Seed Round in 2024
Composabl is a company that develops a platform for creating intelligent autonomous agents capable of making real-time decisions and controlling various systems. Its technology allows businesses to assemble these agents by combining multiple algorithms into a cohesive unit, enhancing automation and mimicking human-like decision-making in diverse tasks. The platform supports the management of equipment such as bulldozers, drones, robotic arms, and chillers, as well as processes like scheduling, trading, and maintenance. By utilizing Composabl's innovations, companies can deploy autonomous agents that streamline operations and improve efficiency, thereby reducing the complexity of managing their business activities.
Agtonomy develops a hybrid autonomous and tele-assist platform for agriculture. It transforms tractors and farm machines into autonomous or remote-controlled equipment, addressing labor scarcity and sustainability issues faced by farmers.
Minds.ai
Seed Round in 2023
Founded in 2014, Minds.ai specializes in artificial intelligence consultancy. Headquartered in Santa Cruz, California, with teams across Europe and India, the company offers DeepSim, a platform that automates hardware control or process design using deep learning. This results in superior performance and faster time-to-market for applications such as path planning in autonomous vehicles, 5G base station optimization, wind turbine placement, and controller design for unmanned aerial vehicles.
Aperio Systems
Series A in 2023
Founded in 2020 with headquarters in Boston, Massachusetts, Aperio Systems specializes in cybersecurity solutions for industrial control systems. Its proprietary technology detects real-time data manipulation to safeguard systems and enable prompt remediation without disrupting operations.
Founded in 2019, Pico MES specializes in developing manufacturing execution systems for factories. Its software enables connected environments, capturing data for supply chain visibility and improving product quality across industries such as battery manufacturing, automotive, and aerospace.
Tvarit is a manufacturing AI company that develops platforms and services to optimize production through data science. It offers an AI platform for data scientists to analyze manufacturing data and generate new use cases, along with data extraction, IT systems integration, data preparation, and AI modeling services. The company focuses on sustainable, zero-waste manufacturing and provides a platform for process optimization and scrap reduction in metal factories, combining AI with chemistry-based simulation to reduce false alarms and deliver actionable insights. Founded in 2009 and based in Frankfurt, Germany.
Pulse Industrial
Venture Round in 2023
Pulse Industrial is a California-based company founded in 2017 that specializes in developing advanced monitoring solutions for industrial plants. The company focuses on creating sensors and devices that provide a comprehensive view of common valves and steam traps, which are critical components of steam generation processes. Pulse Industrial's flagship product, QALM, utilizes artificial intelligence to detect and monitor steam leaks by analyzing vibration and acoustic behavior. This innovative technology enables real-time alerts to maintenance personnel, facilitating timely interventions and enhancing operational safety. By leveraging low power wide area communication, Pulse Industrial's solutions aim to optimize energy efficiency and reduce fuel consumption across various industrial applications.
HighByte
Convertible Note in 2023
HighByte, Inc. is a software company based in Portland, Maine, founded in 2018. It specializes in developing DataOps software that addresses data architecture and integration challenges faced by industrial enterprises. HighByte's flagship product, the HighByte Intelligence Hub, enables manufacturers to securely collect, model, and flow valuable industrial data between systems without the need for extensive coding. The software integrates real-time, transactional, and time-series data into a single payload, facilitating faster system integration and enabling users to leverage contextualized data for analytics, artificial intelligence, and machine learning applications. By providing a streamlined approach to data management, HighByte helps organizations govern data standards across their operations.
Chakra
Acquisition in 2023
Chakra is a consultancy firm specializing in digital transformation for industrial businesses. The company focuses on the unique needs of these firms, offering advisory services that merge digital strategies with industrial practices. By leveraging a combination of design, business acumen, and technology, Chakra helps clients redefine their business models and collaborations. Its approach involves applying effective strategy models to facilitate revenue growth and innovation within the technology ecosystem. Through its expertise, Chakra aims to transform the advisory landscape by providing tailored solutions that address the complexities of the digital age within the industrial sector.
Raven Telemetry
Series A in 2023
Raven Telemetry Inc. is a Canadian company founded in 2013, specializing in artificial intelligence-powered manufacturing management software solutions. Based in Ottawa, the company has developed the Augmented Industrial Management platform, which enhances manufacturing production capabilities through data science and human feedback. Its key tools include Raven Sense, which integrates with existing systems to collect performance data; Raven Brain, which analyzes manufacturing processes using AI; and Raven Flight, which offers real-time alerts and visualizations. Raven Telemetry caters primarily to the manufacturing sector, providing real-time recommendations and insights that improve profitability without increasing the workforce or machinery.
Axiom Cloud
Series A in 2023
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.
Smartex.ai
Series A in 2022
Smartex focuses on addressing significant challenges in the textile industry by leveraging advanced AI technology, specifically machine learning and computer vision. The company has developed a hardware-enabled software solution that detects textile defects and irregularities in real time. By implementing this innovative system, Smartex can halt production when defects are identified, thereby minimizing defective output and reducing textile waste. This proactive approach not only enhances production efficiency but also contributes to sustainability by lowering carbon dioxide emissions, energy consumption, and water usage. Moreover, Smartex provides factories with a user interface to monitor production statistics, further improving operational insights and decision-making capabilities.
Shoreline IoT
Seed Round in 2022
Shoreline integrated innovative technology expertise with the understanding of individuals who have spent their careers perfecting production procedures for maximum performance and profitability. Combining two approaches to value generation in the industry resulted in the first "off the shelf" solution for asset performance management, allowing linked devices to become ubiquitous across a corporate asset ecosystem.
Xage Security
Series B in 2022
Xage Security designs and develops blockchain-protected security platforms for industrial IoT (Internet of Things). Its products include Xage Gateway, Xage Broker, optional Xage Client Agent, and Xage Security Cloud. The company offers solutions such as systemic tamper proofing, edge authentication, role-based access control, and device lifecycle management, serving industries like energy, transportation, utilities, manufacturing, building management, agriculture, logistics, e-commerce, and healthcare.
Overview.ai
Series A in 2022
Overview’s inspection systems are built with Deep Learning technology which allows us to find mistakes more consistently and in a wider variety of situations.
Agtonomy
Seed Round in 2022
Agtonomy develops a hybrid autonomous and tele-assist platform for agriculture. It transforms tractors and farm machines into autonomous or remote-controlled equipment, addressing labor scarcity and sustainability issues faced by farmers.
Edge Impulse
Series B in 2021
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.
HighByte
Seed Round in 2021
HighByte, Inc. is a software company based in Portland, Maine, founded in 2018. It specializes in developing DataOps software that addresses data architecture and integration challenges faced by industrial enterprises. HighByte's flagship product, the HighByte Intelligence Hub, enables manufacturers to securely collect, model, and flow valuable industrial data between systems without the need for extensive coding. The software integrates real-time, transactional, and time-series data into a single payload, facilitating faster system integration and enabling users to leverage contextualized data for analytics, artificial intelligence, and machine learning applications. By providing a streamlined approach to data management, HighByte helps organizations govern data standards across their operations.
Fixposition
Seed Round in 2021
Fixposition AG is a Swiss company based in Zurich, founded in 2014, that specializes in developing advanced navigation solutions. The company focuses on enhancing autonomous navigation by providing high-precision positioning capabilities through the integration of cutting-edge computer vision techniques and satellite navigation expertise. Fixposition's products include NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and vehicles. These solutions deliver centimeter-level accuracy and maintain operational reliability even in challenging environments, such as urban canyons and forests, where satellite signals may be limited. By offering dependable navigation technology, Fixposition enables a variety of applications, including off-road robotics, industrial inspections, and the precise control of autonomous machines.
Axiom Cloud
Series A in 2021
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.
Axino
Venture Round in 2021
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.
Edge Impulse
Series A in 2021
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.
Pulse Industrial
Seed Round in 2021
Pulse Industrial is a California-based company founded in 2017 that specializes in developing advanced monitoring solutions for industrial plants. The company focuses on creating sensors and devices that provide a comprehensive view of common valves and steam traps, which are critical components of steam generation processes. Pulse Industrial's flagship product, QALM, utilizes artificial intelligence to detect and monitor steam leaks by analyzing vibration and acoustic behavior. This innovative technology enables real-time alerts to maintenance personnel, facilitating timely interventions and enhancing operational safety. By leveraging low power wide area communication, Pulse Industrial's solutions aim to optimize energy efficiency and reduce fuel consumption across various industrial applications.
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.
HighByte
Convertible Note in 2020
HighByte, Inc. is a software company based in Portland, Maine, founded in 2018. It specializes in developing DataOps software that addresses data architecture and integration challenges faced by industrial enterprises. HighByte's flagship product, the HighByte Intelligence Hub, enables manufacturers to securely collect, model, and flow valuable industrial data between systems without the need for extensive coding. The software integrates real-time, transactional, and time-series data into a single payload, facilitating faster system integration and enabling users to leverage contextualized data for analytics, artificial intelligence, and machine learning applications. By providing a streamlined approach to data management, HighByte helps organizations govern data standards across their operations.
BixData
Seed Round in 2020
BixData is a technology company that specializes in system, application, and network monitoring tools designed to provide comprehensive oversight of server operations. Its solutions are tailored for next-generation IT management, enabling users to monitor various aspects of their IT infrastructure efficiently. In addition to BixData, the company is associated with Nubix, an edge-native application platform that facilitates the development, deployment, and management of Internet of Things (IoT) and edge applications. Nubix is particularly notable for its ability to operate on minimal computing devices, allowing developers to process data directly at the source where it is generated. Founded in 2017 and based in Colorado, BixData is focused on advancing capabilities in IT and edge computing.
WasteHero
Seed Round in 2020
Founded in Denmark in 2017, WasteHero specializes in waste management solutions. It manufactures waste bin sensors and offers an IoT-enabled platform for efficient waste collection. The company's innovative software streamlines daily tasks, reduces operational time, and promotes sustainability.
Edge Impulse
Seed Round in 2020
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.
Mutable
Seed Round in 2020
Mutable is a cloud infrastructure platform that empowers a consortium of Cable and Wireless providers to compete with traditional cloud services in the emerging tech sector.
HighByte
Convertible Note in 2020
HighByte, Inc. is a software company based in Portland, Maine, founded in 2018. It specializes in developing DataOps software that addresses data architecture and integration challenges faced by industrial enterprises. HighByte's flagship product, the HighByte Intelligence Hub, enables manufacturers to securely collect, model, and flow valuable industrial data between systems without the need for extensive coding. The software integrates real-time, transactional, and time-series data into a single payload, facilitating faster system integration and enabling users to leverage contextualized data for analytics, artificial intelligence, and machine learning applications. By providing a streamlined approach to data management, HighByte helps organizations govern data standards across their operations.
SST Wireless
Series A in 2020
SST Wireless Inc. is a company specializing in the design, manufacture, and distribution of wireless sensor technologies aimed at enhancing safety, conserving energy, and minimizing operational downtime for vehicles and equipment. Established in 2002 and based in Richmond, Canada, the company has developed a range of innovative products, including vibration sensors, high-temperature sensors, pressure and temperature sensors, and a sensor gateway. SST Wireless has a strong reputation in the industrial and commercial sectors, particularly for its wireless tire pressure monitoring systems that improve safety and extend the lifespan of tires in heavy-duty vehicles. The company is committed to simplifying the deployment of its sensors for businesses of all sizes, providing comprehensive support, remote monitoring, and custom development services. With a focus on reliability and ease of use, SST Wireless continues to expand its offerings to include advanced monitoring solutions that enable clients to make informed decisions regarding their equipment's service life and operational efficiency.
AKUA LLC is a technology company based in Baltimore, Maryland, specializing in environmental monitoring and tracking solutions for intermodal cargo containers. Founded in 2016, AKUA offers a subscription-based IoT platform that enables cargo owners to achieve real-time visibility and actionable insights regarding their shipments. The company's services include secure gateway devices, remote sensors for monitoring environmental conditions, and cloud-based analytics, all designed to optimize transportation without requiring new equipment purchases. AKUA's solutions integrate advanced tracking technology with tamper-resistant security features, ensuring the integrity and safety of goods in transit. As a subsidiary of Cyber Point International, LLC, AKUA serves clients both in the United States and internationally.
ParkourSC
Series B in 2019
ParkourSC is a logistics and supply chain company that delivers a cloud‑based sensor platform for real‑time visibility of assets in motion. The platform creates a digital twin of the supply chain, processing billions of events per second to provide continuous insight into location, condition, timing, and utilization. By collecting data from any source, it enables predictive analytics that detect anomalies and forecast disruptions before they occur. Founded in 2014 and headquartered in Milpitas, California, the company serves manufacturing and pharmaceutical sectors with diagnostic and actionable intelligence.
ChemTech AI
Seed Round in 2019
ChemTech is a New York-based company founded in 2017 that specializes in developing AI-based software for the automation of manufacturing plants. Its flagship product, OptimEase, gathers historical and real-time data from existing sensors to enhance the efficiency of production lines in various sectors, including chemicals, food, cosmetics, and oil and gas. By utilizing artificial intelligence, OptimEase not only predicts future parameters of production units but also provides actionable recommendations to improve capacity, yield, and product quality. This innovative platform aims to optimize factory operations, enhance productivity, and help industries maximize profitability while reducing their environmental impact.
Continual
Series B in 2019
Founded in 2013, Continual specializes in enhancing mobile network experiences for operators and connected car manufacturers. It offers solutions like SONATA Suite for real-time network optimization based on subscriber usage patterns, and Virtual Network NPS for predicting network detractors without surveys.
Thingstream
Series A in 2019
Thingstream Ltd is a provider of IoT connectivity solutions based in Bournemouth, United Kingdom. Established in 2018, the company specializes in communication-as-a-service for Internet of Things applications, utilizing MQTT over GSM to deliver global connectivity. Its platform offers low power, low-cost, and ubiquitous IoT communication, enabling organizations to efficiently transmit data from devices to the cloud securely and at scale. Thingstream's services include connectivity management, remote condition monitoring and control, logistics and supply chain solutions, and asset tracking. As a subsidiary of u-blox Holding AG since 2020, Thingstream aims to simplify IoT communication and reduce operational overheads, helping businesses capitalize on opportunities within the global IoT market.
Smartex.ai
Seed Round in 2019
Smartex focuses on addressing significant challenges in the textile industry by leveraging advanced AI technology, specifically machine learning and computer vision. The company has developed a hardware-enabled software solution that detects textile defects and irregularities in real time. By implementing this innovative system, Smartex can halt production when defects are identified, thereby minimizing defective output and reducing textile waste. This proactive approach not only enhances production efficiency but also contributes to sustainability by lowering carbon dioxide emissions, energy consumption, and water usage. Moreover, Smartex provides factories with a user interface to monitor production statistics, further improving operational insights and decision-making capabilities.
Fleet Space Technologies
Series A in 2019
Fleet Space Technologies operates a constellation of commercial micro-satellites, offering enhanced mineral exploration services globally. They have pioneered the world's first 3D printed all-metal patch antenna for space, significantly improving throughput efficiency.
NanoThings
Seed Round in 2019
NanoThings, Inc. is a New York-based company established in 2016 that specializes in manufacturing nano electronics for the Internet of Things (IoT). The company develops ultra-thin, battery-powered wireless temperature sensors designed to enhance traceability and reduce waste in supply chains. These sensors leverage proprietary NanoTag technology and long-range connectivity to provide real-time insights and robust analytics. NanoThings also offers a cloud-based platform that facilitates efficient monitoring and management of temperature-sensitive deliveries at various stages of the cold chain. Through its innovative solutions, NanoThings aims to enhance visibility and improve the overall efficiency of asset tracking for companies and consumers alike.
151 Advisors
Acquisition in 2019
151 Advisors, LLC is a management consulting firm headquartered in New York, with additional offices in London, Raleigh, and Philadelphia. Founded in 2007, the company specializes in providing strategic planning and advisory services primarily to technology companies, including startups and large corporations. Its offerings encompass a range of areas such as Internet of Things (IoT) strategy, business and financial planning, product and revenue strategies, market entry development, and go-to-market strategies. Additionally, 151 Advisors assists clients in establishing distribution and sales channels, forming strategic industry partnerships, and navigating corporate development, including mergers and acquisitions. The firm combines advisory and execution services to help clients effectively position themselves in the market and accelerate business growth. As of April 2019, 151 Advisors operates as a subsidiary of Momenta Partners AG.
151 Ventures
Acquisition in 2019
151 Ventures provides consulting services to early and growth-stage organizations and new business units in larger organizations. It offers advisory, product, market assessment, marketing, and sales planning, sales operations, financial and capital formation, corporate development, executive recruiting and human resources, technology, and execution services. The company also serves banking, computer hardware, consumer durable goods, consumer packaged goods, enterprise application software, financial services, healthcare, information services, insurance, management consulting, mobile application development, professional services, research and analytics, self-help, telecommunications, wireless data communications, wireless telecommunications, and music and entertainment industries.
Kolmostar
Series A in 2019
Kolmostar Inc. is a California-based positioning technology company that specializes in redefining global navigational satellite systems (GNSS) for ultra-low-power and high-precision positioning. Founded in 2016 and headquartered in Fremont, the company focuses on enhancing positioning capabilities in challenging metropolitan environments, catering primarily to Internet of Things devices and autonomous vehicles. Kolmostar's innovative solutions integrate advanced silicon technology, high-dimensional statistical signal processing, and robust cloud computing, which work together to minimize positioning errors and reduce power consumption in GNSS sensors. This enables users, including both humans and intelligent machines, to access centimeter-level accurate positioning services, thereby improving location precision and the overall understanding of spatial movements.
Thingstream
Seed Round in 2018
Thingstream Ltd is a provider of IoT connectivity solutions based in Bournemouth, United Kingdom. Established in 2018, the company specializes in communication-as-a-service for Internet of Things applications, utilizing MQTT over GSM to deliver global connectivity. Its platform offers low power, low-cost, and ubiquitous IoT communication, enabling organizations to efficiently transmit data from devices to the cloud securely and at scale. Thingstream's services include connectivity management, remote condition monitoring and control, logistics and supply chain solutions, and asset tracking. As a subsidiary of u-blox Holding AG since 2020, Thingstream aims to simplify IoT communication and reduce operational overheads, helping businesses capitalize on opportunities within the global IoT market.
Decision Engines
Seed Round in 2018
Decision Engines designs and develops a cloud-native, self-service platform for end-to-end process automation powered by artificial intelligence. The platform enables users to design, build and deploy bots and processes, autoscale resources, and extract data, supporting autonomous decision-making and intelligent process orchestration. It aims to replace manual tasks, improve operational efficiency, and accelerate value through rapid deployment and seamless integration with legacy systems. Founded in 2017 and based in Palo Alto, California, the company focuses on automating industrial and finance processes with AI-powered bots and data-driven insights.
Enertech Search Partners
Acquisition in 2018
Founded in 2009, Enertech Search Partners is a boutique talent acquisition and advisory firm specializing in the new energy economy. It focuses on smart grid, energy efficiency, distributed energy, clean-web, sustainability, and internet of things sectors.
EquipmentShare
Venture Round in 2018
Founded in 2015, EquipmentShare is a leading provider of smart jobsite technology and equipment rental solutions for the construction industry. Its cloud-connected platform, T3, uses telematics to offer real-time insights into operations, helping fleet managers monitor assets, prevent theft, track employee hours, increase machine utilization, and streamline maintenance. With over 150 facilities and approximately 4,000 employees, EquipmentShare serves the growing demand for its equipment and digital solutions.
Xage Security
Series A in 2018
Xage Security designs and develops blockchain-protected security platforms for industrial IoT (Internet of Things). Its products include Xage Gateway, Xage Broker, optional Xage Client Agent, and Xage Security Cloud. The company offers solutions such as systemic tamper proofing, edge authentication, role-based access control, and device lifecycle management, serving industries like energy, transportation, utilities, manufacturing, building management, agriculture, logistics, e-commerce, and healthcare.
CrateDB is an open-source, multi-model distributed database that combines SQL simplicity with NoSQL scalability. It enables real-time analytics of complex, high-volume data, including IoT and machine data.
Sight Machine
Series B in 2017
Sight Machine is a manufacturing analytics company that provides a data platform and AI-driven analytics for discrete and process manufacturing. The platform enables real-time visibility and actionable insights for every machine, line, and plant through a Plant Digital Twin and supports multi-factory IoT data ingestion via edge and cloud components, along with a Manufacturing Data Platform and vertical solutions for industries such as paper, packaging, and chemicals. It integrates data from historians, RDBMS, MES, ERP, inspection and quality equipment, PLC endpoints, and spreadsheets. Serving Global 500 manufacturers across aerospace, automotive, consumer goods, electronics, food and beverage, industrials, oil and gas, medical devices, and pharmaceuticals, Sight Machine was founded in 2011 and is headquartered in San Francisco with offices in Ann Arbor, Tokyo, and Taichung. The company uses AI and machine learning to continuously analyze assets, data sources, and processes from machine to enterprise to improve profitability, productivity, and sustainability.
Senseye Ltd., established in 2014 and based in Southampton, UK, specializes in providing a cloud-based, infrastructure-free predictive maintenance solution to the manufacturing industry. Its flagship product, PROGNOSYS, uses intelligent machine-learning algorithms to automatically forecast machine failures and provide remaining useful life, helping manufacturers avoid downtime and reduce maintenance costs. Senseye's solution is compatible with any machine from any manufacturer, utilizing data from existing Industrial IoT sensors and platforms.
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.
RevTwo, Inc. is a technology company based in Mansfield, Massachusetts, founded in 2016. It specializes in developing an application support platform designed to connect end users with community experts, developers, and technical specialists for real-time assistance throughout the app life cycle. The platform facilitates various support services, including chat, phone calls, and screen-sharing sessions, enabling users to interact effectively. RevTwo's In-App Support platform offers organizations tools to enhance the support experience for mobile application customers, allowing them to view user interactions, access application logs, and manage files while users engage with their applications. The company's services cater to mobile users, developers, and enterprises, aiming to improve customer support and engagement.
Expeto is a pioneering developer of a Private Mobile Networking (PMN) platform that empowers enterprises to seamlessly extend both public and private mobile networks into a secure corporate wide area network (WAN). This innovative platform allows businesses to maintain control over their data and devices, distinguishing itself from traditional hardware-heavy solutions. Expeto's software is designed for easy installation and management, whether deployed in the cloud, at the network edge, or on-premises. Offered as an affordable service, the platform simplifies the deployment and management of connected devices, enabling enterprises to oversee all operational aspects—from logistics to analytics—within the security of their own private network without dependence on third-party systems.
Founded in 2014 by female entrepreneurs from MIT and Harvard, Soofa specializes in enhancing urban environments through responsible technology integration. The company provides solar-powered digital kiosks, known as Soofa Signs, which display community content, local advertisements, real-time transit updates, and event calendars. Soofa Talk enables community members to share their voice on these signs.
Parquery
Seed Round in 2017
Founded in 2014, Parquery develops a web application that provides real-time on-street parking availability data using computer vision and machine learning. It offers smart routing options to users and enables parking managers to monitor usage patterns.
Litmus Automation
Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform designed for industrial applications. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto, Canada, and Chiyoda, Japan, Litmus offers software solutions such as Litmus Edge, which collects, normalizes, and analyzes real-time data at the source. This enables operators to gain critical visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, the company provides Litmus Edge Manager, a centralized platform for managing devices, data, and applications, facilitating secure mass deployment, over-the-air updates, and automated actions. Litmus Automation focuses on transforming edge data into actionable intelligence, empowering organizations to leverage IoT for enhanced operational efficiency and business value.
Sensewaves
Seed Round in 2016
Sensewaves is a provider of an Internet-of-Things analytics platform that specializes in analyzing and optimizing electricity and energy usage. The company employs artificial intelligence and adaptive machine learning algorithms to deliver real-time and predictive analytics tailored for utilities, industrial IoT, and smart buildings. By transforming raw sensor data into actionable insights, Sensewaves empowers owners of industrial-connected devices to enhance their energy management strategies. The company's mission is to create a sustainable, safe, and carbon-free future through innovative AI solutions for energy and industry.
Litmus Automation
Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform designed for industrial applications. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto, Canada, and Chiyoda, Japan, Litmus offers software solutions such as Litmus Edge, which collects, normalizes, and analyzes real-time data at the source. This enables operators to gain critical visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, the company provides Litmus Edge Manager, a centralized platform for managing devices, data, and applications, facilitating secure mass deployment, over-the-air updates, and automated actions. Litmus Automation focuses on transforming edge data into actionable intelligence, empowering organizations to leverage IoT for enhanced operational efficiency and business value.
Nwave Technologies
Seed Round in 2015
Nwave Technologies develops low‑power wireless hardware and software for Internet of Things applications, with a primary focus on parking space sensors. The company’s sensors use multiple sensing methods and advanced filtering to accurately detect vehicle presence while rejecting false signals such as underground train activity or electrical noise. They operate without wiring, have a battery life of 5 to 8 years, and communicate directly to a single gateway within a three‑mile range. The platform aggregates real‑time data and provides analytics and payment integration for parking asset owners, enabling efficient space management. In addition to parking, Nwave’s technology supports traffic management, metering, agriculture, oil and gas, and other asset‑management sectors.
Senseye
Seed Round in 2015
Senseye Ltd., established in 2014 and based in Southampton, UK, specializes in providing a cloud-based, infrastructure-free predictive maintenance solution to the manufacturing industry. Its flagship product, PROGNOSYS, uses intelligent machine-learning algorithms to automatically forecast machine failures and provide remaining useful life, helping manufacturers avoid downtime and reduce maintenance costs. Senseye's solution is compatible with any machine from any manufacturer, utilizing data from existing Industrial IoT sensors and platforms.
Senaya Inc. is a Boston-based company specializing in advanced machine-to-machine (M2M) asset tracking and supply chain solutions. It offers a cloud-based platform that leverages sensor, cellular, and wireless communication technologies to provide hyper-contextual asset management. Catering to various sectors including finance, operations, information technology, oil and gas, chemical, and logistics, Senaya enables its clients to enhance decision-making processes, reduce errors and waste, and unlock new revenue opportunities. The company is headquartered in Framingham, Massachusetts.
Parquery
Seed Round in 2015
Founded in 2014, Parquery develops a web application that provides real-time on-street parking availability data using computer vision and machine learning. It offers smart routing options to users and enables parking managers to monitor usage patterns.
Embedor Technologies
Seed Round in 2015
Embedor Technologies specializes in developing wireless sensor systems for monitoring the structural health of civil infrastructure. Its smart sensor platform and software framework enable reliable, real-time assessment of structures' condition, catering to both extreme events and long-term deterioration.
Plat.One
Seed Round in 2015
Plat.One Inc. is a company that develops enterprise-grade software and industrial solutions aimed at helping businesses and organizations harness the power of the Internet of Things (IoT) to enhance their operations. Founded in 2015 and headquartered in Palo Alto, California, Plat.One offers a range of applications including PRODUCT.ONE for managing connected products, VEND.ONE for the vending machine industry, and DATA.ONE for environmental management through sensor integration. Other notable offerings include CITY.ONE for centralized city service management, METER.ONE for utility monitoring, TRANSPORT.ONE for transportation management, and HEALTH.ONE for healthcare innovations. The platform is designed with a distributed architecture, facilitating rapid deployment and management of connected applications while ensuring security and support for big data. Plat.One has positioned itself as a preferred solution for major telecoms and global industrial equipment companies, enabling the development of smart equipment, transportation, smart cities, and manufacturing solutions. As of September 2016, Plat.One operates as a subsidiary of SAP SE.
Harper Reid
Acquisition in 2015
Leading Retained Executive Search Firm for Machine to Machine (M2M) and Internet of Things (IoT) markets
Eigen Innovations
Seed Round in 2015
Eigen Innovations Inc. is a Canadian technology company that develops artificial intelligence–driven vision analytics and process control solutions for industrial manufacturers. Its flagship platform, Intellexon, captures video and sensor data from production lines and uses machine learning to identify defects, recommend optimal machine settings, and generate standardized digital inspection records. The company’s OneView software aggregates these records, enabling factory teams to introduce automation, analyze root causes of defects, and reduce recurrence. Eigen Innovations serves sectors such as automotive, food processing, construction materials, and mining, helping clients deploy inline inspection systems that improve quality, predict outcomes, and lower operational risk.
dizmo is a software company based in Zurich that develops a cross-platform application platform for smart home, office, and other environments. The system lets simulations, charts, images, websites, and videos be accessed and manipulated across multiple devices, delivering an intuitive, visual interface that links digital content with the physical world. The platform is designed to orchestrate digital things through an agnostic, multi-purpose interface technology, enabling user-defined workflows and seamless interaction across devices. Its technology is used by telecom service providers, consumer electronics manufacturers, media and entertainment companies, marketing agencies, hardware and networking manufacturers, software vendors, retailers, and mid-to-large enterprises in automotive, pharmaceutical, manufacturing, engineering, and IoT sectors.
Geli, or Growing Energy Labs, Inc., specializes in providing software and business solutions for the design, automation, and management of energy storage systems. The company offers a comprehensive suite of products that facilitates an ecosystem for project developers, original equipment manufacturers, financiers, and project operators. Geli's hardware-agnostic software platform streamlines the energy storage development process, allowing clients to efficiently deploy advanced energy projects while minimizing their environmental impact.
Koubachi AG is a Swiss company specializing in interactive plant care solutions, founded in 2009 and headquartered in Zurich. The company offers a range of products designed to assist users in caring for their plants effectively. Its flagship products include Wi-Fi Plant Sensors that measure soil moisture, temperature, and light intensity, providing users with notifications and tailored care advice based on the specific needs of their plants. Koubachi also provides a mobile application for iPhone and a web application that allows users to manage their plant data and adjust sensor settings. The company's mission is to enhance the way individuals interact with their plants, aiming to embed its technology in every household. Koubachi AG operates as a subsidiary of Husqvarna AB.
Alleantia
Angel Round in 2013
Alleantia s.r.l., founded in 2011 and based in Pisa, Italy, specializes in developing an open and interoperable software platform that integrates various industrial devices with enterprise software and Internet of Things (IoT) applications. The company offers a range of products, including ISC Software for data acquisition and control, Industrial IoT applications for seamless integration into enterprise IT infrastructure, and XPANGO, which facilitates data exchange across different devices regardless of manufacturer or communication protocol. Alleantia's solutions are designed for diverse industries such as machine manufacturing, renewable energy, transportation, and utilities, enabling rapid device connectivity and the creation of digital twins for both new and legacy equipment. The software supports numerous industrial protocols, allowing users to access and share machine data efficiently. With a focus on scalability and cost-effectiveness, Alleantia's technology is increasingly adopted by large customers and machine manufacturers, affirming its position as a key player in the Industrial IoT landscape.
ThingWorx
Series B in 2013
ThingWorx is a developer of a software application platform that facilitates the connection of people, systems, and devices in the modern digital landscape. The company specializes in creating and deploying secure connected applications across various environments, including cloud, intranet, and embedded platforms. By leveraging its technology, ThingWorx aims to drive significant operational innovation and enhance resource efficiency for businesses. Its solutions are designed to enable organizations to implement transformative changes that contribute to a more efficient and sustainable world.
ThingMUSE
Acquisition in 2012
ThingMUSE is a global venture firm specializing in early-stage Internet of Things (IoT) companies. It provides advisory services, including strategic guidance and investor relations, to accelerate these companies' growth. Additionally, ThingMUSE invests in promising IoT startups and offers consulting and business development services to help them grow and succeed.