Greycroft is a venture capital firm that focuses on technology start-ups and investments in the Internet and mobile markets. With offices in two of the most important business hubs in the world, New York and Los Angeles Greycroft uniquely positioned to serve entrepreneurs who have chosen us as their partners. The firm leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring their products to market, and build successful businesses.  Greycroft manages in excess of $1 billion and has made over 200 investments since its inception in leading companies including Acorns, App Annie, Bird, Botkeeper, Bright Health, Boxed, Braintree, Buddy Media, Everything But The House, Extreme Reach, Huffington Post, Icertis, JW Player, Maker Studios, Plated, Scopely, Shipt, TheRealReal, Thrive Market, Trunk Club, Venmo, WideOrbit, and Yeahka. Greycroft has adopted the Diversity Term Sheet Rider.

Greycroft

Forum Ventures is the leading early-stage fund, program and community for B2B SaaS startups. Founded in 2014 as Acceleprise, we’re on a mission to make the B2B SaaS journey easier, more accessible and successful for early-stage founders, through pre-seed and seed-stage funding, high touch programming, corporate perks and introductions, and an active SaaS community.  Forum For Founders, our pre-seed program, provides founders with $100k in funding and 15 intense weeks of talks, events, mentorship and 1:1 guidance focused on go to market and fundraising. Forum Seed, our seed fund, backs exceptional SaaS startups at the seed-stage both from within and outside of our pre-seed program.  With over 250 portfolio companies, Forum founders have gone on to raise from NEA, Andreessen Horowitz, Uncork Capital, 8VC, Founders Fund, Menlo Ventures, Canaan, Bowery Capital, Susa Ventures, Salesforce Ventures, SV Angel, True Ventures and many more. Learn more at www.forumvc.com

Forum Ventures

AI List Capital invests in AI-driven startups, most of which adopt a SaaS model.

AI List Capital

Seed firm with ~$140m AUM across two funds. Leading pre-Seed & Seed rounds across the US. We invest U$500k-U$2.5m in companies raising U$500k-U$5m.

ANIMO Ventures

Singtel Innov8, the venture capital arm of the Singtel Group, invests in and partners with innovative tech start-ups worldwide. It has a fund size of US$250 million and its own set of decision making, approval and funding processes. Beyond funding, Singtel Innov8 is a gateway for start-ups to tap on the resources and expertise of the Singtel Group, while enabling the Group to gain access to emerging technologies. Singtel Innov8 focuses its investments on technologies and solutions that can lead to quantum changes in network capabilities, next generation devices, digital services and enablers to enhance customer experience. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco and Tel Aviv.

Singtel Innov8

Founded in 2014, Touchdown Ventures is a corporate venture capital (CVC) firm that partners with corporations to invest in early and growth-stage companies across a variety of industries, including information technology, media, consumer, health, and industrial. The firm maintains offices in Los Angeles, Philadelphia, and San Francisco.

Touchdown Ventures

MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market. The firm’s investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events including NYC Real Estate Tech Week, and publications Global PropTech Confidence Index and PropTech 101.

MetaProp

Allegion Ventures is the corporate venture fund of Allegion. It invests in and accelerates the growth of companies with innovative, technologies, and products that have the potential to make security and access smarter, stronger, faster, and less intrusive. Allegion Ventures was established in 2003 and is headquartered in Dublin, Ireland.

Allegion Ventures

Mapped

Mapped is an independent data layer for commercial real estate that automates the discovery, extraction, and normalization of data from building systems, sensors, devices, and vendor APIs. Mapped simplifies the integration process down to a single, standardized API. Mapped breaks enterprise data silos to empower building owners, operators, and service providers to unlock the value of their data and drive transformative business outcomes.

<div>Mapped offers an AI-powered data infrastructure platform for commercial and industrial IoT capable of mapping all devices on an IoT network —across industries including commercial and retail, manufacturing, healthcare facilities, freight and logistics, and energy and utilities—onto one Application Programming Interface (API). The platform locates all devices in a given commercial or industrial environment and maps them, providing access to normalized live data which can be viewed and managed with a single API. The platform utilizes IoT, security, and cloud technologies to leverage machine learning. This allows for data sharing across systems or locations and data-driven insights. The company has partnered with a few Fortune 100 technology companies, a leading global retailer, commercial real estate owner/operators, and a commercial manufacturer.</div>

Using data and automation to achieve 24/7 production.

Smart Factory

<div>Mapped offers&nbsp; a digital infrastructure platform which is powered by artificial intelligence (AI) and is able to integrate data from multiple sources including commercial and industrial Internet of Things (IoT) devices and other sources into a single database. The company uses an open-source data model to enable users to own their data unlike other third-party applications.</div>

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

<div>
 
 Mapped offers an AI-powered data infrastructure platform for commercial and industrial IoT capable of mapping all devices on an IoT network —across industries including commercial and retail, manufacturing, healthcare facilities, freight and logistics, and energy and utilities—onto one Application Programming Interface (API). The platform locates all devices in a given commercial or industrial environment and maps them, providing access to normalized live data which can be viewed and managed with a single API. The platform utilizes IoT, security, and cloud technologies to leverage machine learning. This allows for data sharing across systems or locations and data-driven insights. The company has partnered with a few Fortune 100 technology companies, a leading global retailer, commercial real estate owner/operators, and a commercial manufacturer.
 
 
 In March 2021, the company launched its AI-powered data infrastructure platform for commercial and industrial IoT and raised USD 3 million in a seed funding round led by Greycroft and ANIMO Ventures.
 
 
 In June 2021, the company raised USD 6.5 million in an extended seed round co-led by MetaProp and Allegion Ventures and including the participation of Singtel Innov8, Greycroft, and Animo Ventures. The company reports access to 30,000 different types of equipment on its platform and the new funding is expected to expand, integrate and support additional types of equipment. 
 
</div>

<div>
 
 Righthand Robotics provides autonomous robotic picking solutions called RightPick. It utilizes a smart gripper, machine learning, and computer vision to imitate human hand-eye coordination. It develops software and hardware for predictable order fulfillment at scale with flexibility. The company&rsquo;s solutions can be utilized in industries such as apparel, grocery, pharmaceuticals, and electronics. It is based in Massachusetts and has an office in Tokyo, Japan. The company is focused on expanding its European operations, having opened an office in Frankfurt, Germany, in March 2020.
 
 
 In 2019, the company launched the second generation of its piece-picking robotic solution, &ldquo;RightPick2,&rdquo; which includes enhancements to hardware and software. The upgrades included a fifth-generation industrial gripper with the capacity to lift up to 4.4 lbs, new depth-sensing cameras from Intel, and an improved arm from Universal Robots. In 2021, the company launched &ldquo;RightPick 3,&rdquo; with improved picking speeds, capacity to handle a broader item range, and with capabilities for dense packing and damage-free item handling. 
 <a href="https://sp-edge.com/updates/25875">
 In January 2024,
 </a>
 it launched &ldquo;RightPick 4&rdquo; with enhanced AI, sensor suite, and new hardware that allow the system to extend its item-picking range, handle items more efficiently, and enhance system autonomy.
 
 
 In February 2022, the company raised USD 66 million in a Series C round bringing its total funding to USD 100.3 million. The funds were expected to be used to accelerate product and business development, scale global presence by expanding the partner network, expand offices, and acquiring new talent to support overall growth plans. Subsequently, in March 2022, the company announced the launch of its 
 <a href="https://sp-edge.com/updates/9203?industryIds=6">
 partner integrator program,
 </a>
 to complement its robotic piece-picking solutions with warehouse technologies and solution providers to cater to the broad ecommerce order fulfillment market. In May 2022, AutoStore integrator in South Korea Asetec also joined the program.
 
</div>

RightHand Robotics

<div>
 
 SparkCognition is an AI analytics startup offering four deep learning product solutions: Darwin (automated model-building software), DeepArmor (AI-powered cybersecurity), DeepNLP (NLP solution), and SparkPredict (analytics solution utilizing sensor data). These products deliver actionable insights, predict machine issues via historical maintenance data, and provide security from cyber threats. These products can be deployed across multiple industries, such as manufacturing, defense, utilities, oil and gas, and aviation. 
 
 
 SparkCognition’s clientele comprises large companies such as Boeing, Hitachi, and British Petroleum. It has also built partnerships with Google for cloud platform services, Hewlett-Packard Enterprise to offer AI predictive maintenance on HPE Edgeline Converged Edge Systems, and OSIsoft to integrate SparkCognition’s machine learning technology with OSIsoft’s PI system to improve data and process data analytics.
 
 
 The company’s most recent funding round was Series D funding worth USD 123 million in January 2022 from March Capital, Doha Venture Capital, B. Riley Venture Capital, AEI Horizon X, Temasek, and several others. The funds were intended to be used to invest in R&D, accelerate sales and marketing, facilitate organic and inorganic growth, and also for the working capital requirements of the company. In March 2022, the company acquired Indian visual AI startup 
 <a href="https://sp-edge.com/updates/9370?industryIds=6">
 Integration Wizards
 </a>
 to expand its intellectual property (IP) portfolio to improve vision capabilities. The company has reported a 2x increase in revenue YoY in 2021.
 
</div>

SparkCognition

<div>
 
 Kinta AI provides an automated production planning platform for manufacturing that uses advanced AI algorithms and simulation techniques. Using existing operational data, a SaaS solution is deployed that can be integrated with existing management execution systems (MES), enterprise resource planning (ERP), and Industry 4.0 tools in the factory. The software looks to have cross-functional communication across the factory to eliminate any bottlenecks that delay resolving breakdowns. Kinta AI has partnered with Flex (an electronics manufacturer) and BASF (a chemical company).
 
 
 Kinta AI’s most recent financing was a Series A funding round worth USD 5.5 million in April 2021 led by Lachy Groom’s LGF and Shine Capital. The funds will be utilized to scale operations in existing general industrial client factories and implement the Kinta AI platform in new client factories.
 
</div>

Kinta AI

<div>
 
 Sight Machine provides a digital manufacturing platform enabled by AI. It creates a digital twin of both assets and processes to help manufacturers improve processes, quality, and productivity. It can also gather data from machines of various manufacturers supplying actionable insights for predictive maintenance, quality improvement, capacity utilization, among other benefits. In October 2022, the company released 
 <a href="https://sp-edge.com/updates/13696?industryIds=6">
 Sight Machine Blueprint
 </a>
 to offer manufacturers with advanced data analytics solutions.
 
 
 Sight Machine has established partnerships with large global companies such as Microsoft, Google, and Amazon Web Services (AWS) for their cloud platforms and Fujitsu (system integrator) to help with wide deployments. Sight Machine, which caters to at least 15 verticals, such as food and beverage, electronics, and automotive, is on the move to expand into more verticals. It has global clients of Fortune 500-caliber, including Nissan, Heineken, Westrock Co., and Asian Paints. Sight Machine&rsquo;s most recent funding round was Series C funding worth USD 29.4 million in April 2019, led by LS Group. The funds were to be used to expedite the company&rsquo;s growth.
 
 
 Funding and financials
 
 
 In December 2023, 
 <a href="https://sp-edge.com/updates/25200">
 Sight Machine received a low double-digit million euro investmen
 </a>
 t from TeamViewer to improve industrial digitalization and enhance manufacturing efficiency.
 
 
 
</div>

Sight Machine

<div>
 
 Overview uses smart cameras and AI to monitor manufacturing equipment and robots and identify defects in real time before significant damage or downtime is incurred. The technology has a repository of machine data so that there is a traceable visual record of all units. With AI, the cause of production issues and quality concerns can be identified either on-site or remotely. The company claims over time, the deep learning computer vision algorithms allow for any sudden substantial increases in production and improved yields. 
 
 Funding and financials
 
 
 In February 2022, the company raised USD 10 million in series A funding to be used to expand operations and business reach.
 
</div>

Overview

Creates digital twins of assets and processes to help manufacturers improve processes, quality, and productivity

Connected devices, sensors, IoT, and analytics are used to optimize factory operations

Uses advanced robotics, AMRs, and related software to improve the efficiency of factory operations

Uses connected devices and sensors to gather data—IIoT, predictive analysis, and equipment inspection

Uses AI/ML to analyze data for predictive maintenance and AI-based vision systems for line inspections

5G standard allows for faster reaction times and supports high connection densities

Uses edge computing for data processing at the edge

Some companies in the predictive maintenance space uses generative AI to generate possible alternative scenarios

Companies that focus on data analytics for operations streamlining and process optimization, and may offer predictive maintenance.

Companies that provide an industrial IoT platform across factories as the primary offering.

<div>
 
 Mapped offers&nbsp; a digital infrastructure platform which is powered by artificial intelligence (AI) and is able to integrate data from multiple sources including commercial and industrial Internet of Things (IoT) devices and other sources into a single database. The company uses an open-source data model to enable users to own their data unlike other third-party applications.
 
 
 The company&rsquo;s platform can be used for a range of buildings, including commercial, manufacturing, healthcare, and energy buildings. As of September 2022, the company had mapped over 30 million square feet across over 100 buildings, with over 30,000 different devices mapped. The company is targeting to reach 50 million mapped data points by December 2022.&nbsp;
 
 
 Key Customers and Partnerships
 
 
 Mapped&rsquo;s platform is enabled to connect with cloud-based data connectors from companies such as Google, VergeSense, Cisco, Microsoft, and OpenPath.
 
 
 Funding and Financials
 
 
 In June 2021, the company raised USD 6.5 million, in an extended seed round co-led by MetaProp and Allegion Ventures. The proceeds are to be used for the development of its universal application programming interface which can be used for connecting systems such as elevator controls, HVAC, and other physical assets.
 
</div>

<div>
 
 Norway-based Cognite is a provider of digital twin modeling software for an entire operation through complex industrial data. With machine learning and physics simulators, companies are able to use these for predictive maintenance, production optimization, and better decision-making.&nbsp;
 
 
 Its main solution Cognite Data Fusion offers an open industrial digital twin by integrating IT, operational, and engineering data from sources such as ERPs, MES, and IoT platforms. The data is cleaned and contextualized into a single location and turned into insights for actionable advice, which then is used to build and automate workflows. The company claimed to be the first company to 
 <a href="https://sp-edge.com/updates/17445">
 achieve DNV-RP-A204 compliance
 </a>
 for its core product, Cognite Data Fusion. The compliance serves as a quality-assurance benchmark for digital twin solutions in the energy industry. In February 2023, the company advanced 
 <a href="https://sp-edge.com/updates/16217">
 new data-modeling capabilities 
 </a>
 to accelerate (up to 10&ndash;25x) deployments of industrial digital solutions and reduce cost and complexity for users.&nbsp;
 
 
 Key Customers and Partnerships
 
 
 The company provides its solution mainly to the oil and gas, power and utilities, and manufacturing sectors. Its key customers include Siemens and Rockwell Automation.&nbsp;
 
 
 In June 2022, Cognite formed a joint venture, CNTXT, with Saudi Aramco to provide its digitization services in the Middle East region for the private and public sectors. Also, in October 2022, the company partnered with industrial automation company Rockwell Automation to develop an industrial data hub for the manufacturing sector by combining Rockwell&rsquo;s software, FactoryTalk, and the Cognite Data Fusion.
 
 
 Furthermore, in September 2022, the company partnered with Schlumberger to integrate the Cognite Data Fusion into Schlumberger&rsquo;s Enterprise Data Solution to contextualize data in an interoperable platform.&nbsp;
 
 
 Funding and Financials
 
 
 The company raised USD 150 million in May 2021 in an equity funding round from TCV, which brought the valuation of the company to USD 1.6 billion. The new funds were allocated toward expanding its platform to global industries.&nbsp;
 
 
 Furthermore, in January 2022, petroleum and gas company Saudi Aramco purchased 100% of Aker BP's shares in Cognite to own a majority stake of 7.4% at a value of USD 183 million.
 
</div>

Cognite

<div>
 
 Nexar is a developer of smart dash cams that gathers real-time street footage to create a digital twin of the physical world and provide data to users for decision-making. As of November 2022, the company had covered over 1.5 billion miles of imagery and holds 4T images in a neural library.&nbsp;
 
 
 Using AI and computer vision, captured images and videos from cars are localized on a map to detect any changes in roads to provide actionable changed data across the platform CityStream and Nexar network. The platform provides features such as detecting changes on the road (such as road blockages, potholes, and construction), driver behavioural maps, autonomous vehicle systems, and compute and connectivity optimization.&nbsp;
 
 
 The company operates a B2B business model providing its services to enterprises and institutions in the logistics, road construction, and insurance industries.&nbsp;
 
 
 Key customers and partnerships
 
 
 Its key customers include the Regional Transportation Commission of Southern Nevada, which partnered with Nexar in May 2021 to improve road management in Las Vegas.&nbsp;
 
 
 Also, in August 2021, the company partnered with Black Car Fund to provide cameras for Black car operators (rideshare drivers) in New York to protect Black Car Fund members in the case of an accident or assault.&nbsp;
 
 
 Funding and financials
 
 
 The company raised USD 53 million in November 2021 in a Series D funding round led by Qumra Capital. The funds were used to scale its digital twin service using dash cam footage for automotive OEMs and cities.&nbsp;
 
 
 In August 2022, the company acquired Portugal-based Veniam to combine its data with Veniam&rsquo;s communications technology and provide real-time mapping for mobility applications.&nbsp;
 
 
 
</div>

Nexar

<div>
 
 Seeq is a provider of data analytics enabling insights, predictions, and collaboration for better production and business outcomes.&nbsp;
 
 
 The company&rsquo;s product portfolio includes software for data analytics including 1) Seeq Workbench for advanced analytics, 2) Seeq Organizer for publishing reports and dashboards, 3) Seeq Data Lab for accessing Python libraries, and 4) Seeq Cortex for IT governance, data connectivity, and calculation features. Furthermore, the company provides deployment via cloud, SaaS solutions, and on-premise depending on the customer&rsquo;s system.&nbsp;
 
 
 The company provides its services in more than 40 countries focusing on process manufacturing industries, including oil and gas, pharmaceutical, chemical, energy, mining, and food and beverage.&nbsp;
 
 
 Key customers and partnerships
 
 
 Seeq&rsquo;s software is built on long-term vendor partnerships such as SIsoft, Honeywell (since 2017), and Siemens (since 2017).&nbsp;
 
 
 Funding and financials
 
 
 The company raised USD 50 million in April 2021 in a Series C round led by Insight Partners. The new funds were used for market expansion, development, and sales and marketing.&nbsp;
 
 
 
</div>

Seeq

<div>
 
 Q Bio provides a predictive assessment platform to analyse existential risk in an individual&rsquo;s health. The company claims its platform, Q Bio Gemini, is the fastest and safest scanner which takes 15 minutes for the whole body to be scanned.&nbsp;
 
 
 The company provides the Q Exam, which gathers millions of data points from the individual&rsquo;s body, such as blood, saliva, and vitals, and sends results via a web-based Q Dashboard to the individual&rsquo;s physicians. Data is facilitated via the Q Bio Gemini, a digital twin platform that captures whole-body patient vitals in a non-invasive manner.&nbsp;&nbsp;
 
 
 The company operates a B2B2C business model offering services via employers and individuals. It charges membership plans for one year at USD 3,495 for one exam and USD 6,495 for two exams.&nbsp;
 
 
 Key customers and partnerships
 
 
 In May 2021, the company partnered with Amazon Web Services to provide Q Bio&rsquo;s services on its cloud platform.&nbsp;
 
 
 Funding and financials
 
 
 The company raised USD 60 million in February 2020 in a Series B funding round led by Andreessen Horowitz and Kaiser Foundation Hospitals. The new funds were used to improve its proprietary platform.&nbsp;
 
 
 
</div>

Q Bio

<div>
 
 Israel-based Locusview has developed a digital construction management platform to allow companies to manage projects from start to end. The platform is supported by technological capabilities in physical assets, such as plastic and steel pipes, to enable a digital thread (information of an asset such as model or size) and for supply chain and asset traceability.&nbsp;
 
 
 The platform provides features to manage construction projects in and off the field including GPS and sensor-based data collection, fieldwork validations, cloud-based deployment and scaling, real-time progress tracking, online approvals, and built-in reports. Furthermore, companies can lease the complete solution or get a consultation for a customized solution.
 
 
 The company operates a B2B business model, providing its services mainly to the energy, utilities, and telecom industries.&nbsp;
 
 
 Key customers and partnerships
 
 
 The company&rsquo;s customer base includes more than 30 leading energy utilities and telecom companies. The company has a market presence in India, the US, Australia, Mexico, the UK, and Israel.&nbsp;
 
 
 Funding and financials
 
 
 The company raised USD 64 million in April 2021 in a Series A funding round led by Israel Growth Partners. The new funds were used to expand the platform capabilities and for market expansion.&nbsp;
 
 
 
</div>

Locusview

Digital twins are the primary enabling technology for the digital twin industry

Startups can create digital twins of cities; enables modeling/simulation to improve efficiency/quality of life

Digital twins can be applied in the telecommunications industry for remote monitoring of communication towers

Startups can use digital twins to automate and proactively monitor industrial production lines and facilities

Uses edge computing for cost-effective and real-time data processing by reducing transmission costs

Uses AI/ML for the creation of digital twins and when running simulations

Digital twin startups use IoT for remote data collection from sensors to create digital twins

Platforms that facilitate digital twin modeling by either collectively or individually offering any combination of data capture and analytics solutions.

Mapped

Smart Factory

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Mapped raises USD 6.5 million in extended seed funding

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