Momenta Partners is a leading venture capital firm headquartered in Meggen, Switzerland, that specializes in accelerating industrial innovators across various sectors, including energy, manufacturing, smart spaces, and supply chain. Founded in 2012, the firm has a strong track record of supporting early-stage to later-stage companies, focusing on transformative technologies that enhance critical industries and improve environmental sustainability and quality of life. With a team of experienced industry operators, Momenta Partners has established itself as a key player in the venture capital landscape, gaining recognition as one of the top-performing firms globally. The firm's commitment to driving innovation positions it favorably within the rapidly evolving industrial landscape, particularly in Europe and North America.
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 advanced software solutions for autonomous intralogistics, specifically focusing on the operation of autonomous mobile robots (AMRs). Their flagship product, NODE.OS, is a plug-and-play software that facilitates the integration and management of multi-vendor and heterogeneous AMR fleets within manufacturing environments. By offering features such as online route planning and dynamic motion planning, NODE Robotics enables businesses to operate their fleets with high levels of autonomy and minimal commissioning effort. This comprehensive approach addresses the challenges posed by the existing patchwork of incompatible software solutions in the market, helping to reduce vendor lock-in and streamline operations in production plants.
Eigen Innovation
Venture Round in 2024
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
Phantasma Labs
Venture Round in 2024
Phantasma Labs Limited, founded in 2018 and based in London, specializes in developing a simulation platform that creates essential data sets and models of human behavior to train autonomous vehicles. The company focuses on enhancing self-driving cars' understanding of human interactions by placing real individuals in virtual environments, allowing artificial intelligence to learn from realistic scenarios. Its platform employs reinforcement learning to generate extensive data sets reflective of actual situations, modeling the behavior of pedestrians, cyclists, and other road users. This approach enables clients to gain insights from real-life interactions without the risks associated with actual accidents, thereby improving the decision-making capabilities of autonomous systems in extreme circumstances.
SprayVision
Seed Round in 2024
SprayVision is a manufacturer of spray pattern digitalization technology specifically designed for the automotive industry. The company specializes in providing tools for analysis, evaluation, and process control, which include features such as flash-off time-lapse, pattern comparison, and non-contact thickness measurement. Additionally, SprayVision offers devices that capture coating results, allowing clients to optimize their production processes during vehicle manufacturing.
Luffy AI
Venture Round in 2024
Luffy AI Limited, incorporated in 2018 and based in Thame, United Kingdom, specializes in developing advanced AI technologies that exhibit neuroplasticity. The company focuses on creating adaptive neural networks capable of learning and adjusting in real-time at the edge. Its key products include an adaptive AI flight controller for unmanned aerial vehicles (UAVs) and an intelligent actuator controller designed for robotics and industrial applications. Luffy AI's control systems are engineered to optimize the performance of existing manufacturing equipment by learning its specific nuances and adapting to changes over time. This innovative approach enables businesses to expand the capabilities of their operations and enhances the application of artificial intelligence in complex industrial environments.
DataHow
Series A in 2024
DataHow AG is a spin-off from ETH Zurich that specializes in data analytics and process modeling tailored for the biopharmaceutical and chemical industries. The company offers digital solutions and consulting services aimed at process monitoring, optimization, and scale-up. By focusing on improving the understanding of complex manufacturing processes, DataHow helps clients reduce effort, risks, and costs associated with process development and manufacturing. Through its technological expertise, the company enables clients to enhance their operational efficiency and ensure more effective management of their production processes.
Composabl
Seed Round in 2024
Composabl is a technology company that develops a platform for constructing intelligent autonomous agents. These agents combine diverse algorithms to mimic human decision-making, enhancing automation in various tasks and equipment, such as bulldozers, drones, and scheduling processes. The platform enables businesses to deploy autonomous agents, streamlining operations and reducing human intervention.
Agtonomy
Series A in 2023
Agtonomy is a platform that combines hybrid autonomy and tele-assistance to provide advanced AI solutions for the agricultural sector. The company addresses significant challenges faced by farmers, including labor shortages, sustainability issues, and decreasing profit margins. By collaborating with established equipment manufacturers, Agtonomy converts traditional tractors and agricultural machinery into autonomous and remote-controlled systems. This transformation allows local farmers to enhance their operational efficiency and adaptability while managing limited budgets and seasonal pressures. Through its innovative approach, Agtonomy aims to empower farmers and improve agricultural productivity.
minds.ai
Seed Round in 2023
Minds.ai Inc., founded in 2014 and headquartered in Santa Cruz, California, specializes in artificial intelligence consultancy and the development of the DeepSim platform. This platform automates the generation of software for hardware control and process design, significantly enhancing workflow efficiency and reducing time to market for its clients. DeepSim is particularly effective in applications such as path planning for advanced driver-assistance systems (ADAS), system control for automotive original equipment manufacturers (OEMs), and optimizing placements in 5G base stations and wind turbine farms. The company has served notable clients, including a major Japanese automobile manufacturer, and operates with teams in Europe and Bangalore, India. Minds.ai's focus on leveraging deep learning technology allows organizations to improve key performance indicators, adapt to dynamic operational conditions, and streamline their production processes.
APERIO
Series A in 2023
Aperio Systems, Inc. specializes in cybersecurity and operational resilience for industrial control systems. Founded in 2020 and headquartered in Boston, Massachusetts, with an additional office in Caesarea, Israel, the company offers proprietary technology that protects against data forgery by detecting artificial manipulation of industrial process data in real-time. This capability ensures accurate monitoring and swift remediation of issues without disrupting operations. Aperio's DataWise platform further enhances data integrity by automatically validating operational data at scale, improving accuracy and security. By providing reliable data, Aperio enables organizations across various sectors to make informed decisions, thereby supporting their profitability and sustainability objectives while effectively managing risks in their industrial operations.
Pico MES
Series A in 2023
Pico MES Inc. specializes in developing manufacturing process data collection and analytics software tailored for factories across the United States. Founded in 2019 and based in San Francisco, the company offers a manufacturing execution system that enhances factory and machinery control. Its software enables manufacturers and engineers to gather critical data, allowing for improved visibility into supply chain operations. By transitioning mid-sized factories from paper-based systems to digital solutions, Pico MES helps enhance product quality in industries such as battery manufacturing, automotive, and aerospace. The integration of digital work instructions and process error-proofing tools empowers manufacturers to minimize variations, target process improvements, and optimize resource allocation effectively.
Tvarit
Series A in 2023
Tvarit Solutions Private Limited specializes in providing data science and artificial intelligence software solutions tailored for manufacturing production companies. The company focuses on optimizing processes and minimizing waste, particularly in metal factories, by utilizing a unique hybrid model that integrates AI with physics and chemistry-based simulations. This approach significantly reduces false alarms and equips clients with actionable insights derived from their data, facilitating smarter decision-making. Tvarit is committed to driving sustainable and zero-waste manufacturing practices, contributing to more efficient and environmentally friendly production processes.
Pulse Industrial
Venture Round in 2023
Pulse Industrial, founded in 2017 and based in California, specializes in developing advanced monitoring solutions for industrial plants, particularly focusing on steam systems. The company has created a smart steam trap monitoring device that employs artificial intelligence to detect steam leaks by analyzing vibration and acoustic behavior. This technology, known as QALM, enhances visibility into potential failures, alerting maintenance personnel through low power wide area communication. Additionally, Pulse Industrial is exploring thermal applications utilizing phase change materials, further expanding its innovative offerings in the industrial sector. By enabling remote monitoring of critical components like steam traps, the company aims to improve safety and reduce fuel consumption across various industrial processes.
HighByte
Convertible Note in 2023
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
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 and based in Ottawa, that specializes in artificial intelligence-powered manufacturing management software solutions. The company offers a suite of tools, including Raven Sense, Raven Brain, and Raven Flight, which work together to enhance manufacturing efficiency. Raven Sense integrates with existing systems to collect critical performance data such as uptime, downtime, and production rates. Raven Brain utilizes artificial intelligence to analyze this data and optimize operations, while Raven Flight delivers real-time alerts and visualizations to guide decision-making. By leveraging mobile hardware, software, and cloud-based analytics, Raven Telemetry aims to improve profitability for manufacturers without necessitating changes to their workforce or machinery. The company primarily serves the manufacturing sector, providing actionable insights and recommendations that enable plant managers and operators to enhance productivity and operational effectiveness.
Axiom Cloud
Series A in 2023
Axiom Cloud Inc. specializes in artificial intelligence solutions for the commercial refrigeration sector, primarily targeting supermarkets in North America. Founded in 2020 and based in Oakland, California, the company offers a power management and maintenance platform designed to address significant energy and maintenance challenges in the cooling and refrigeration industry. Its innovative applications include Virtual Technician, which autonomously anticipates system failures and enhances performance, and Virtual Battery, which mimics the benefits of traditional lithium-ion batteries by intelligently managing cooling loads. Customers, primarily in the retail grocery segment, pay an initial setup fee for the installation and configuration of the IoT platform, along with ongoing subscription fees for the cloud-based software applications. Axiom Cloud's technology also focuses on improving sustainability by reducing refrigerant leaks and integrating renewable energy sources into cooling systems.
Smartex.ai
Series A in 2022
Smartex.ai is an AI and computer vision company that uses automated inspection to detect textile defects. It also uses cutting-edge AI tech in order to solve some of the biggest problems of an outdated yet so relevant sector which is the Textile Industry. Our company is bringing the most sophisticated state-of-the-art technologies of Machine Learning and Computer Vision in order to detect textile defects and irregularities in real-time, acting on the knitting machines as a way to reduce defective production to close to 0%. This high-tech solution is able to not only stop the production of defects during production, using hardware and software but also improve the business by offering a user interface where the factories can check their stats regarding the production.
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, Inc. specializes in providing a blockchain-protected security platform tailored for industrial IoT (Internet of Things). Their product offerings include the Xage Gateway, which connects to various IIoT edge devices for authentication and enforcement, and the Xage Broker, which manages credentials and data synchronization between edge and central systems. Additionally, the Xage Client Agent facilitates direct participation in the Xage Blockchain-secured ecosystem, while the Xage Security Cloud enables configuration and monitoring of the entire suite. The company emphasizes solutions such as tamper proofing, edge authentication, role-based access control, and device lifecycle management. Founded in 2016 and headquartered in Palo Alto, California, Xage Security serves a wide range of industries, including energy, transportation, utilities, manufacturing, and healthcare, focusing on zero trust access and protection to secure critical assets against advanced threats.
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 is a platform that combines hybrid autonomy and tele-assistance to provide advanced AI solutions for the agricultural sector. The company addresses significant challenges faced by farmers, including labor shortages, sustainability issues, and decreasing profit margins. By collaborating with established equipment manufacturers, Agtonomy converts traditional tractors and agricultural machinery into autonomous and remote-controlled systems. This transformation allows local farmers to enhance their operational efficiency and adaptability while managing limited budgets and seasonal pressures. Through its innovative approach, Agtonomy aims to empower farmers and improve agricultural productivity.
Edge Impulse
Series B in 2021
Edge Impulse is a software platform that facilitates the development of machine learning models optimized for edge devices, where data is collected either with or without connectivity. The platform streamlines the entire process of building, deploying, and scaling embedded machine learning applications, enabling developers to create intelligent devices. It supports the collection of real sensor data and incorporates live signal processing, allowing for the transformation of raw data into neural networks. Additionally, Edge Impulse offers capabilities for model testing and deployment to a variety of target devices, from microcontrollers to CPUs and GPUs, making it easier and faster for developers to manage machine learning applications for the edge.
HighByte
Seed Round in 2021
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
Fixposition
Seed Round in 2021
Fixposition AG is a Swiss company founded in 2014, specializing in advanced navigation solutions for autonomous systems. Based in Zurich, it focuses on enhancing the reliability and availability of precise positioning through a combination of cutting-edge computer vision techniques and satellite navigation expertise. The company offers products such as NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and vehicles. Fixposition's technology enables centimeter-level positioning accuracy in challenging environments, including urban canyons and forests, where satellite signals are often obstructed. This capability supports a wide range of applications, from off-road autonomous robots to industrial drone inspections and high-precision control of various autonomous machines.
Axiom Cloud
Series A in 2021
Axiom Cloud Inc. specializes in artificial intelligence solutions for the commercial refrigeration sector, primarily targeting supermarkets in North America. Founded in 2020 and based in Oakland, California, the company offers a power management and maintenance platform designed to address significant energy and maintenance challenges in the cooling and refrigeration industry. Its innovative applications include Virtual Technician, which autonomously anticipates system failures and enhances performance, and Virtual Battery, which mimics the benefits of traditional lithium-ion batteries by intelligently managing cooling loads. Customers, primarily in the retail grocery segment, pay an initial setup fee for the installation and configuration of the IoT platform, along with ongoing subscription fees for the cloud-based software applications. Axiom Cloud's technology also focuses on improving sustainability by reducing refrigerant leaks and integrating renewable energy sources into cooling systems.
Axino
Venture Round in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
Edge Impulse
Series A in 2021
Edge Impulse is a software platform that facilitates the development of machine learning models optimized for edge devices, where data is collected either with or without connectivity. The platform streamlines the entire process of building, deploying, and scaling embedded machine learning applications, enabling developers to create intelligent devices. It supports the collection of real sensor data and incorporates live signal processing, allowing for the transformation of raw data into neural networks. Additionally, Edge Impulse offers capabilities for model testing and deployment to a variety of target devices, from microcontrollers to CPUs and GPUs, making it easier and faster for developers to manage machine learning applications for the edge.
Pulse Industrial
Seed Round in 2021
Pulse Industrial, founded in 2017 and based in California, specializes in developing advanced monitoring solutions for industrial plants, particularly focusing on steam systems. The company has created a smart steam trap monitoring device that employs artificial intelligence to detect steam leaks by analyzing vibration and acoustic behavior. This technology, known as QALM, enhances visibility into potential failures, alerting maintenance personnel through low power wide area communication. Additionally, Pulse Industrial is exploring thermal applications utilizing phase change materials, further expanding its innovative offerings in the industrial sector. By enabling remote monitoring of critical components like steam traps, the company aims to improve safety and reduce fuel consumption across various industrial processes.
Axino
Seed Round in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
Axino
Series A in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
HighByte
Convertible Note in 2020
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
BixData
Seed Round in 2020
BixData is a monitoring tool designed for system, application, and network oversight, focusing on comprehensive server management. It aims to facilitate next-generation IT management by allowing users to monitor various aspects of their infrastructure effectively. The company is associated with Nubix, which specializes in an edge native application platform that simplifies the development, deployment, and management of Internet of Things (IoT) and edge applications. Nubix operates on minimal computing devices, enabling data processing directly at the sensor level where the data is generated. Founded in 2017 and headquartered in Colorado, BixData and Nubix contribute to advancing the capabilities of modern IT and IoT environments.
WasteHero
Seed Round in 2020
WasteHero ApS, established in 2017 and located in Aarhus, Denmark, specializes in waste management solutions. The company manufactures waste bin sensors and offers an IoT-enabled platform that streamlines waste collection operations for municipalities and waste collectors. By integrating advanced technology, WasteHero's cloud-based software digitalizes garbage collection processes, promoting operational efficiency and sustainability. The platform not only reduces unnecessary collection efforts, leading to cost savings and lower carbon emissions, but also engages citizens in waste management. With an additional sales office in Frederiksberg, WasteHero aims to enhance waste management practices through innovative solutions, supporting clients in optimizing their services and exploring new revenue opportunities.
Edge Impulse
Seed Round in 2020
Edge Impulse is a software platform that facilitates the development of machine learning models optimized for edge devices, where data is collected either with or without connectivity. The platform streamlines the entire process of building, deploying, and scaling embedded machine learning applications, enabling developers to create intelligent devices. It supports the collection of real sensor data and incorporates live signal processing, allowing for the transformation of raw data into neural networks. Additionally, Edge Impulse offers capabilities for model testing and deployment to a variety of target devices, from microcontrollers to CPUs and GPUs, making it easier and faster for developers to manage machine learning applications for the edge.
Mutable
Seed Round in 2020
Mutable is an infrastructure platform that supports a consortium of cable and wireless providers, allowing them to compete with traditional cloud infrastructure in the emerging technology sector. The company focuses on developing an end-to-end system for managing and deploying microservices, facilitating seamless communication within a private network. Its platform offers low-latency communication on internal APIs and includes local-environment tools that enable developers to simulate cloud conditions. This functionality allows for the automatic execution of code snapshots while efficiently directing traffic to newer builds, thereby enhancing the development process and improving operational efficiency.
HighByte
Convertible Note in 2020
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
SST Wireless
Series A in 2020
SST Wireless Inc. specializes in the design, manufacture, and distribution of wireless sensor technologies aimed at enhancing safety, conserving energy, and minimizing operational downtime for vehicles and equipment. The company offers a range of products, including advanced vibration sensors, high-temperature sensors capable of withstanding extreme conditions, and pressure sensors designed for harsh environments. Their wireless sensor systems are particularly recognized in the field of tire pressure monitoring for heavy-duty vehicles like mine haul trucks and construction equipment. In addition to their sensor products, SST Wireless provides a monitoring software platform that facilitates real-time data analysis, helping clients make informed decisions to improve safety and efficiency. Established in 2002 and headquartered in Richmond, Canada, SST Wireless also offers integration, support, and custom development services to accommodate various client needs.
AKUA
Series A in 2020
AKUA LLC specializes in providing environmental monitoring and tracking solutions for intermodal cargo containers. Founded in 2012 and based in Baltimore, Maryland, the company operates as a subsidiary of Cyber Point International, LLC. AKUA offers a subscription-based IoT platform that includes secure gateway devices, remote sensors, and cloud services, allowing cargo owners to monitor and optimize the transportation of goods in real time. Its solutions integrate existing IoT sensors and provide advanced tracking capabilities, characterized by tamper-resistant security and comprehensive in-transit analytics. This approach ensures that customers receive actionable business intelligence without the need for additional equipment, enhancing visibility and control over their shipments both domestically and internationally.
ParkourSC
Series B in 2019
ParkourSC is a logistics and supply chain company founded in 2014 and headquartered in Milpitas, California. The company focuses on digital transformation within the manufacturing and pharmaceutical sectors by offering a cloud-based sensor platform. This platform creates a digital twin of the supply chain, processing billions of events per second to provide real-time diagnostic and predictive insights regarding asset location, condition, utilization, and anomaly detection. By collecting data from various sources, ParkourSC enables continuous visibility into the context and timing of materials and assets, allowing businesses to proactively predict disruptions and enhance operational efficiency.
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
Continual is a company specializing in self-organizing network solutions tailored for mobile network operators and connected car manufacturers. Established in 2013 and headquartered in Caesarea, Israel, Continual leverages advanced machine learning and analytics to enhance subscriber experience and optimize network performance. Its flagship products include the SONATA Suite, which analyzes subscriber usage patterns and technical performance metrics for real-time or offline network optimization, and Virtual Network NPS, which predicts network dissatisfaction across the subscriber base without requiring traditional surveys. The company's technology also provides insights into voice and data usage patterns, identifying adverse network experiences that affect both individual subscribers and connected vehicles. By utilizing innovative pattern recognition techniques, Continual equips network operators with critical information to improve user experiences along travel routes and better serve the connected car market.
Thingstream
Series A in 2019
Thingstream Ltd is a provider of IoT communication-as-a-service, specializing in IoT connectivity solutions using MQTT over the GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, the company offers a platform that simplifies the process of transmitting data from devices to the cloud securely and efficiently. Its services include remote condition monitoring, logistics and supply chain management, and asset tracking. By leveraging low-power, low-cost technology, Thingstream enables organizations to enhance their IoT adoption and operational efficiency, thus capturing significant market share in the global IoT sector. As of April 2020, it operates as a subsidiary of u-blox Holding AG.
Smartex.ai
Seed Round in 2019
Smartex.ai is an AI and computer vision company that uses automated inspection to detect textile defects. It also uses cutting-edge AI tech in order to solve some of the biggest problems of an outdated yet so relevant sector which is the Textile Industry. Our company is bringing the most sophisticated state-of-the-art technologies of Machine Learning and Computer Vision in order to detect textile defects and irregularities in real-time, acting on the knitting machines as a way to reduce defective production to close to 0%. This high-tech solution is able to not only stop the production of defects during production, using hardware and software but also improve the business by offering a user interface where the factories can check their stats regarding the production.
Fleet Space Technologies
Series A in 2019
Fleet Space Technologies is an Australian space technology company that operates a fleet of commercial micro-satellites aimed at transforming critical mineral discovery and space exploration. The company has developed innovative solutions, including the world's first 3D-printed all-metal patch antenna for space, which significantly enhances data throughput. Fleet utilizes its satellite constellation to facilitate the exploration of critical minerals globally and provides satellite-enabled systems and seismic array technology to connect Earth, the Moon, and Mars. By offering low-cost satellite-based systems for Industrial Internet of Things applications, Fleet Space Technologies seeks to revolutionize the mineral exploration and defense sectors while advancing space exploration initiatives.
NanoThings
Seed Round in 2019
NanoThings, Inc. is a New York-based company that specializes in the development of nano electronics for the Internet of Things (IoT). Established in 2016, the company focuses on manufacturing printed circuitry and sensor tags, particularly its proprietary NanoTag sensors, which are designed to enhance temperature monitoring and delivery management. These ultra-thin, non-toxic, battery-powered sensors use minimal energy and provide real-time insights into asset tracking, contributing to reduced global waste and improved traceability throughout the cold chain. NanoThings also offers a cloud-based platform that enables users to access robust analytics and reports, facilitating simplified tracking of cellular-based assets at every stage of the delivery process.
151 Advisors
Acquisition in 2019
151 Advisors, LLC is a management consulting firm based in New York, with additional offices in London, Raleigh, and Philadelphia. Founded in 2007, the firm specializes in providing strategic planning and advisory services to technology companies, including startups and large corporations. Its offerings encompass IoT strategy, business and financial planning, product and revenue strategies, and international market entry development. The firm also assists clients with go-to-market strategies, sales channel development, and strategic partnerships, as well as corporate development and mergers and acquisitions. By leveraging decades of experience in the tech ecosystem, 151 Advisors aims to help companies establish market positions and accelerate growth. As of 2019, the firm 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 positioning technology company based in Fremont, California, focused on transforming the approach to global navigational satellite system (GNSS) positioning. Founded in 2016, the company specializes in providing ultra-low-power and high-precision positioning solutions specifically designed for harsh metropolitan environments, catering to Internet of Things (IoT) devices and autonomous vehicles. Kolmostar's innovative technologies integrate advanced silicon, high-dimensional statistical signal processing, and robust cloud computing capabilities. This combination enhances the accuracy of GNSS sensors while minimizing power consumption, ultimately delivering centimeter-level positioning services. By leveraging big data infrastructure and machine learning, Kolmostar aims to improve location precision and accessibility for users, enabling both humans and intelligent machines to navigate their environments more effectively.
Thingstream
Seed Round in 2018
Thingstream Ltd is a provider of IoT communication-as-a-service, specializing in IoT connectivity solutions using MQTT over the GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, the company offers a platform that simplifies the process of transmitting data from devices to the cloud securely and efficiently. Its services include remote condition monitoring, logistics and supply chain management, and asset tracking. By leveraging low-power, low-cost technology, Thingstream enables organizations to enhance their IoT adoption and operational efficiency, thus capturing significant market share in the global IoT sector. As of April 2020, it operates as a subsidiary of u-blox Holding AG.
Decision Engines
Seed Round in 2018
Decision Engines, Inc. is a technology company based in Palo Alto, California, that specializes in developing a cloud-based platform designed for end-to-end process automation. Founded in 2017, the company's platform enables users to autonomously design, build, and deploy bots that automate manual tasks, thereby enhancing operational efficiency. Utilizing artificial intelligence, Decision Engines' solution facilitates intelligent data extraction and decision-making, allowing organizations to focus on more critical activities. The platform is cloud-native and autoscaling, operating independently of third-party components. It integrates seamlessly with existing systems and can deliver value in a rapid deployment timeframe of approximately 90 days. By automating routine tasks, Decision Engines aims to improve workplace satisfaction and productivity.
Enertech Search Partners
Acquisition in 2018
Enertech Search Partners is a boutique talent acquisition and advisory firm based in San Francisco, California, established in 2009. The firm specializes in the emerging technology sector, focusing on areas such as smart grid, energy efficiency, distributed energy, clean technology, sustainability, and the Internet of Things. Enertech has built a reputation as a trusted partner for innovative companies within the new energy economy, assisting them in identifying and securing top talent to drive their growth and success.
EquipmentShare
Venture Round in 2018
EquipmentShare is a construction solutions provider focused on addressing industry challenges through innovative technology and equipment rental services. Founded in 2015, the company utilizes its cloud-connected platform, T3, which integrates telematics and machine hardware to provide construction and industrial companies with real-time insights into their jobsite operations. This enterprise suite of applications is compatible with various equipment brands, allowing fleet managers to monitor assets, prevent theft, and optimize machine utilization while facilitating maintenance and minimizing downtime. With a workforce of approximately 4,000 employees and 153 facilities, EquipmentShare is committed to delivering exceptional value to its customers and enhancing operational efficiency for construction professionals. The company's diverse locations include service yards, research and development sites, and dealerships, reflecting its response to the growing demand for both equipment and digital solutions in the construction industry.
Xage Security
Series A in 2018
Xage Security, Inc. specializes in providing a blockchain-protected security platform tailored for industrial IoT (Internet of Things). Their product offerings include the Xage Gateway, which connects to various IIoT edge devices for authentication and enforcement, and the Xage Broker, which manages credentials and data synchronization between edge and central systems. Additionally, the Xage Client Agent facilitates direct participation in the Xage Blockchain-secured ecosystem, while the Xage Security Cloud enables configuration and monitoring of the entire suite. The company emphasizes solutions such as tamper proofing, edge authentication, role-based access control, and device lifecycle management. Founded in 2016 and headquartered in Palo Alto, California, Xage Security serves a wide range of industries, including energy, transportation, utilities, manufacturing, and healthcare, focusing on zero trust access and protection to secure critical assets against advanced threats.
CrateDB
Series A in 2018
CrateDB is a developer of an open-source, multi-model database designed to handle both structured and unstructured data, making it suitable for real-time analytics, particularly in the context of the Internet of Things and machine data. The database combines the simplicity of SQL with the scalability of NoSQL, allowing users to run queries in milliseconds, regardless of data complexity or volume. It offers flexible, distributed database services that facilitate data-intensive analytics and artificial intelligence applications. By providing a single data hub for various operational needs, CrateDB enables businesses to efficiently integrate and analyze large datasets, including those used in AI and machine learning frameworks.
Sight Machine
Series B in 2017
Sight Machine Inc. develops a manufacturing analytics platform that provides real-time visibility and actionable insights across manufacturing operations. Founded in 2011 and headquartered in San Francisco, California, with additional offices in Ann Arbor, Michigan; Tokyo, Japan; and Taichung, Taiwan, the company serves Global 500 clients in various sectors, including aerospace, automotive, and pharmaceuticals. Its offerings include FactoryTX Edge and FactoryTX Cloud for multi-factory IoT data management, as well as a Manufacturing Data Platform that integrates multiple data sources such as data historians, RDBMS, MES, and ERP systems. The platform leverages artificial intelligence, machine learning, and advanced analytics to help manufacturers enhance quality, productivity, and sustainability by continuously analyzing assets and processes at all levels of the organization.
Senseye
Series A in 2017
Senseye Ltd. is a company based in Southampton, United Kingdom, that specializes in providing cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which enables automated condition monitoring, diagnostics, and prognostics without the need for extensive infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to a wide range of machinery, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This allows manufacturers to predict machine failures, minimize downtime, and ultimately reduce operational costs. Senseye has established a strategic partnership with Momenta Partners to enhance its market presence and capabilities.
FreeWire
Series A in 2017
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
Seed Round in 2017
RevTwo, Inc. is a technology company that specializes in developing an application support platform designed to enhance user assistance throughout the app life cycle. Founded in 2016 and based in Mansfield, Massachusetts, RevTwo connects end users with community experts, developers, and technical specialists, facilitating real-time support through various channels such as chat, phone calls, and screen-sharing sessions. The platform allows organizations to gain insights into customer interactions by enabling support personnel to see what users experience while using the application, access logs, monitor database changes, and manage files. RevTwo serves a diverse clientele, including mobile users, developers, and enterprises, aiming to provide a comprehensive support experience for mobile application customers.
Expeto
Seed Round in 2017
Expeto is a pioneering developer of a Private Mobile Networking (PMN) platform that enables enterprises to 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 while providing a comprehensive solution for managing connected operations. Unlike traditional hardware-dependent systems, Expeto's software is designed for easy installation and management behind firewalls, in the cloud, at the edge, or on-premises. Offered as a service, it simplifies deployment and management, making it comparable to Wi-Fi networks. The platform supports enterprises in coordinating all aspects of their operations, from logistics to analytics, facilitating the deployment of connected devices globally within a secure private network.
Soofa
Seed Round in 2017
Soofa is a female-founded company established in 2014, originating from MIT and Harvard. It specializes in enhancing urban environments by integrating technology into public spaces to improve citizen engagement and experiences. The company develops solar-powered digital kiosks and smart signboards that serve as outdoor advertising platforms for city planners and local businesses. Soofa's digital signs display community-related content, local events, and real-time transit updates, fostering a connection between residents and their neighborhoods. Additionally, the Soofa Talk platform allows community members to contribute content to the signs, ensuring diverse voices are represented in public communication. Through its innovative approach, Soofa aims to make cities smarter, more social, and sustainable.
Parquery
Seed Round in 2017
Parquery AG, founded in 2014 and based in Zurich, Switzerland, specializes in smart parking solutions through the development of a web application that provides real-time on-street parking availability. The company employs computer vision and machine learning technologies to analyze images and detect parking vacancies, utilizing snapshots from existing cameras to deliver accurate data. This service caters to parking managers and supports smart city and mobility initiatives by offering insights into past, current, and predicted future usage of parking facilities, thereby facilitating smarter routing options for drivers seeking available parking spots.
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 and Chiyoda, the company offers solutions through its software, Litmus Edge. This software collects, normalizes, and analyzes real-time data directly from various devices, machines, controllers, and sensors, providing operators with essential insights to mitigate potential downtimes and business risks. Additionally, Litmus Automation has developed Litmus Edge Manager, a centralized platform for managing devices, data, and applications. This tool enables secure mass deployment, over-the-air updates, and automated actions, facilitating better control over edge devices. The company's innovative approach aims to transform critical edge data into actionable intelligence, supporting maintenance, machine learning, and artificial intelligence initiatives for organizations implementing IoT solutions.
Sensewaves
Seed Round in 2016
Sensewaves is a provider of an Internet-of-Things analytics platform that focuses on analyzing and optimizing electricity and energy usage. The platform leverages artificial intelligence and adaptive machine learning algorithms to deliver real-time energy analytics and predictive insights for utilities, industrial IoT applications, and smart buildings. By transforming raw sensor data into actionable information, Sensewaves enables businesses to gain significant insights into their connected assets. The company's mission is to foster a sustainable and carbon-free future for energy and industry through innovative AI solutions.
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 and Chiyoda, the company offers solutions through its software, Litmus Edge. This software collects, normalizes, and analyzes real-time data directly from various devices, machines, controllers, and sensors, providing operators with essential insights to mitigate potential downtimes and business risks. Additionally, Litmus Automation has developed Litmus Edge Manager, a centralized platform for managing devices, data, and applications. This tool enables secure mass deployment, over-the-air updates, and automated actions, facilitating better control over edge devices. The company's innovative approach aims to transform critical edge data into actionable intelligence, supporting maintenance, machine learning, and artificial intelligence initiatives for organizations implementing IoT solutions.
Nwave
Seed Round in 2015
Nwave Technologies Ltd. specializes in developing and manufacturing wireless Internet of Things (IoT) hardware and software solutions. The company offers a range of products, including wireless network technologies, sensors, and devices that capture real-time data for various applications. Its hardware portfolio features radio modules, universal modems, and a parking sensor that integrates with existing mobile and web frameworks. Nwave's solutions enhance parking management by utilizing advanced sensing technologies to accurately detect parking events while minimizing false readings. The company's offerings extend to traffic management, agriculture, security, and asset management across multiple industries, including government, healthcare, and logistics. Founded in 2012 and headquartered in London, Nwave also operates offices in Dallas and Eastern Europe.
Senseye
Seed Round in 2015
Senseye Ltd. is a company based in Southampton, United Kingdom, that specializes in providing cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which enables automated condition monitoring, diagnostics, and prognostics without the need for extensive infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to a wide range of machinery, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This allows manufacturers to predict machine failures, minimize downtime, and ultimately reduce operational costs. Senseye has established a strategic partnership with Momenta Partners to enhance its market presence and capabilities.
Senaya
Series A in 2015
Senaya Inc., based in Framingham, Massachusetts, specializes in cloud-based machine-to-machine (M2M) asset tracking and supply chain solutions. The company provides advanced technology that leverages sensor, cellular, and wireless communication to enhance asset management for various sectors, including finance, operations, information technology, oil and gas, chemicals, and logistics. Senaya's platform aims to improve operational efficiency by offering hyper-contextual insights, which enable clients to make informed business decisions, reduce errors, and minimize waste. This approach helps clients unlock new revenue opportunities and gain a competitive edge in their respective markets.
Parquery
Seed Round in 2015
Parquery AG, founded in 2014 and based in Zurich, Switzerland, specializes in smart parking solutions through the development of a web application that provides real-time on-street parking availability. The company employs computer vision and machine learning technologies to analyze images and detect parking vacancies, utilizing snapshots from existing cameras to deliver accurate data. This service caters to parking managers and supports smart city and mobility initiatives by offering insights into past, current, and predicted future usage of parking facilities, thereby facilitating smarter routing options for drivers seeking available parking spots.
Embedor Technologies
Seed Round in 2015
Embedor Technologies specializes in developing wireless sensor systems that monitor the structural health of civil infrastructure. Headquartered in Urbana, Illinois, the company offers a smart sensor platform and software framework that operates at multiple scales, enabling reliable, real-time assessments of structural conditions during extreme events and over long periods of deterioration. By integrating data processing and interpretation directly into edge devices, Embedor effectively addresses the common challenges associated with data overload in Internet of Things applications. This innovative approach allows clients to enhance safety, estimate the remaining service life of structures, and reduce maintenance costs.
Plat.One
Seed Round in 2015
PLAT.ONE INC. specializes in developing enterprise-grade software and industrial solutions that harness the Internet of Things (IoT) to enhance operational efficiency for businesses and organizations. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of applications tailored to various sectors. These include PRODUCT.ONE for managing connected products, VEND.ONE for vending machine operations, DATA.ONE for environmental management through sensor integration, CITY.ONE for centralized city services monitoring, and METER.ONE for controlling utility meters. Additionally, TRANSPORT.ONE streamlines transportation and shipping management, HEALTH.ONE supports innovations in healthcare, mPERS.ONE focuses on personal emergency response services, and VISION.ONE delivers high-performance video analytics. PLAT.ONE is recognized as a leading platform for connected applications, particularly among major telecommunications and industrial equipment companies, thanks to its scalable architecture and integrated development capabilities. As of September 2016, it 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 Innovation
Seed Round in 2015
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
Dizmo
Seed Round in 2015
Dizmo is a software company based in Zurich, Switzerland, focused on enhancing how users interact with their digital environments. Its flagship product, dizmoViewer, represents a sophisticated software platform that simplifies access and control of digital content, data, services, and objects across various sources and devices. With a management team boasting over a century of combined experience in the IT industry and a track record of founding successful startups, dizmo is well-equipped to address the needs of modern users. The company's technology aims to improve agility and reduce costs for businesses, facilitating a more intuitive and direct engagement with the digital world.
Geli
Seed Round in 2014
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's offerings create a cohesive ecosystem that allows project developers, original equipment manufacturers, financiers, and project operators to efficiently deploy advanced energy projects. By utilizing a hardware-agnostic software platform, Geli streamlines the energy storage development process, enabling clients to minimize their environmental impact while enhancing project efficiency.
Koubachi
Series A in 2014
Koubachi AG, founded in 2009 and headquartered in Zurich, Switzerland, specializes in interactive plant care solutions. The company offers Wi-Fi Plant Sensors that monitor soil moisture, temperature, and light intensity, providing users with notifications and tailored care advice for their plants. Koubachi's product lineup includes a mobile application for iPhone, which serves as a plant care assistant, and a web application that enables users to access and manage sensor data. The sensors not only assess environmental conditions but also determine plant vitality, helping users optimize care routines. As of July 2015, Koubachi AG is a subsidiary of Husqvarna AB, continuing its mission to enhance the way individuals interact with and care for their houseplants.
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
We are a global venture partnering group focused on early-stage Internet of Things companies. We advise and invest to develop world-class businesses and partnerships: ADVISE: We serve as Advisory Board Members to accelerate your company’s growth; opening doors, validating your goals, and improving how investors see your company’s potential INVEST: We can provide early-stage capital and introduce you to other Accredited Investors. Our focus is to bring intelligent money from people and companies in the M2M and IoT space ACCELERATE: We provide consulting and business development services to help you accelerate your promise, position, placement, partners, pipeline and ultimately profit
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