Kleiner Perkins is a venture capital firm specializing in investing in early-stage, growth, and incubation companies. The firm continues that legacy, investing in founders with bold ideas that span industries and continents, partnering with them from inception to IPO and beyond to maximize the potential of their ideas. They also focus on early computer firms using their devices and programming and service companies. It also invests in the digital, life sciences, and healthcare industries.

Kleiner Perkins

[Mitsui & Co. Global Investment](http://www.mitsui-global.com/en/) is a venture capital fund that focuses on early stage companies.  Mitsui's expertise lies in helping companies build their business globally.  Mitsui & Co. Global Investment Co. is an investment company as a division of the financial business, to invest in companies that significant growth is expected. The headquarters in Tokyo, and we are investing activities from a global perspective, as opposed to complete in each country and a network of offices in Silicon Valley, Beijing, Mumbai, while also focusing on Japan and the United States China and India.

Mitsui Global Investment

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industry sectors that they have been covering until now. They invest in all stages, with a preference for the early phase. They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd). Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

Aster

GE Ventures combines capital, technical, and commercial services. They invest in the healthcare and life sciences, energy and mobility, manufacturing and supply chain, enterprise productivity applications, digital infrastructure, and frontier technologies sectors.

GE Ventures

ABB Ventures, the business-led venture capital investment framework of ABB, looks for breakthrough technology companies aligned with ABB’s goal to write the future of industrial electrification and automation. Since its formation in 2009, ABB Ventures, formerly known as ABB Technology Ventures (ATV), has deployed around $500 million into startups spanning a range of sectors including robotics, industrial IoT, AI/machine learning, energy transition, cybersecurity, electric mobility, smart buildings, and distributed energy. For more information, visit www.abb.com/ventures Feel free to reach out to our business-led venture capital teams: • ABB Robotics & Automation Ventures (ABB RA Ventures) • ABB Electrification Ventures (ABB EL Ventures) • ABB Motion Ventures (ABB MO Ventures)

ABB Ventures

Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 129,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.

Honeywell Ventures

Blue Bear Capital is a venture capital investor supporting companies that apply AI and data-driven technologies to energy infrastructures. The firm specializes in the fields of venture capital, financial services, and clean energy investments. It was founded in 2016 and headquartered in Los Angeles, California.

Blue Bear Capital

Forte Ventures is a venture capital firm that offers investment services to a range of technology firms, including mobility, digital media, and financial technology.

Forté Ventures

Activate Capital is a growth equity partner to companies building smart, sustainable systems across the energy, transportation, and industrial technology markets. The firm aims to generate financial returns while contributing to this vision of the future by investing in entrepreneurial management teams in high growth companies using technology to make the world more efficient, intelligent, and sustainable. The partners have collectively invested over $1 billion across their target sectors, resulting in 30 successful exits through IPO and M&A.

Activate Capital Partners

Evonik Venture Capital is the corporate venture arm of Evonik Industries AG, one of the providers of specialty chemicals. Evonik Venture Capital invests in young companies with innovative technology and high growth potential with solutions to problems within the areas of focus of resource efficiency, specialty additives, health & care, nutrition.

Evonik Venture Capital

SE Ventures is a $1B+ global venture capital fund, backed by Schneider Electric. Based in Menlo Park, SE Ventures invests in big ideas and bold entrepreneurs who can benefit from Schneider’s deep domain expertise and global customer reach. SE Ventures acts as a commercial accelerant for category-defining companies in climate & industrial technology.

SE Ventures

Kerogen Digital Solutions is a digital technology solutions provider for the energy sector. The company leverages digital technologies to enhance value in its portfolio and in the energy value chain. The company provides digital technologies to the energy sector via strategic partnerships and investments. The company is also a financial backer, client, and partner for digital energy solution providers.

Kerogen Digital Solutions

Ajax Strategies’ business consulting, public relations and strategic marketing services provide Forward-Thinking Solutions to professional services firms that are keen on continually challenging the status quo not only to provide exceptional and unparalleled service, but also to expand their business while enhancing profitability and efficiency.

Ajax Strategies

High Tide Foundation is to make a sizable, observable difference in the prevention of climate change. The company is based in Greenbrae, California.

High Tide Foundation

Element

Element, a leading software provider in IT/OT data management, enables industrial organizations to unite their IT and operations data to produce analytical insights that drive cleaner, safer, healthier, and more profitable operations.  Element Unify transforms siloed IT/OT data into contextualized, graph-based models to support diverse analytical workloads and data governance.  Element’s customers represent over $250 billion in revenue, $230 billion in fixed assets and 450,000 employees. To learn more about Element, please visit elementanalytics.com and follow the company on Twitter and LinkedIn.

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make data-driven decisions. Its flagship product is Element Unify, which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analytics. This unified approach enables industrial companies to create comprehensive 360-degree views of their operating assets, in the form of digital twins, and recycle them across similar projects, plants, and processes.&nbsp;

Using data and automation to achieve 24/7 production.

Smart Factory

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make faster and data-driven decisions. Its flagship product is Element Unify which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analytics

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

Digital Twin

Element Analytics

Element Analytics launches Unify, aims to solve data issues in industrial IoT

Amazon

To power digital twin building in a more efficient manner by integrating Element Unify's data analytics software with AWS IoT TwinMaker's capabilities.

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

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make data-driven decisions. Its flagship product is Element Unify, which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analytics. This unified approach enables industrial companies to create comprehensive 360-degree views of their operating assets, in the form of digital twins, and recycle them across similar projects, plants, and processes.&nbsp;The platform also provides a template library, as well as a number of pre-built connectors and no-code pipelines to reduce the time taken for programming. As of August 2024, the platform could be integrated into Azure Digital Twins by Microsoft, AWS IoT TwinMaker, AVEVA, Radix, Cyient, and AW IoT SiteWise.&nbsp; Key customers and partnerships As of April 2023, Element Analytics served more than 450,000 users across companies in industries such as chemicals, oil and gas, metals, power, and agriculture. Its enterprise clients included Cargill, Covestro, Teck, Evonik, and AGL.In August 2022, the company partnered with a global digital provider, IPCOS, to expand the Unify platform through the chemical plant industry. In April 2023, the company partnered with HighByte, a data management provider, to launch an integrated solution based on AWS’ Industrial Data Fabric Architecture. Other partners include Radix, Microsoft Azure, and AWS.&nbsp;Element Analytics has also collaborated with Microsoft (Element Analytics’ platform is exclusively deployed on Microsoft Azure), OSIsoft (users will be able to build and maintain assets four to 10 times faster than traditional approaches), and Amazon Web Services (AWS). Element Analytics announced an integration between its Element Unify platform and AWS IoT TwinMaker (December 2021), to allow for significantly faster digital twin development and improved effectiveness through contextualized and governed metadata. Element Unify is a foundational launch partner for AWS IoT TwinMaker, and is available in the AWS Marketplace.

Avathon (formerly SparkCognition) offers a suite of AI-powered data analytics solutions for businesses, specializing in the industrial sector. The company’s offerings include: 1) Industrial AI Suite, which enables users to connect datasets with configurable AI models, identify and contextualize risks to equipment, analyze maintenance actions, monitor performance, and visualize multi-asset systems, without requiring coding experience, and 2) Visual AI Advisor, which leverages computer vision to analyze real-time data from existing camera infrastructure for a number of different use cases, such as safety monitoring, visual inspection, and machine monitoring.&nbsp;In May 2023, the company launched the Generative AI Suite, a solution specifically tailored for the industrial sector, which enables users to build and deploy custom large language models (LLMs) on either private or on-premise cloud environments. Users also autonomously augment data sets by generating text, images, audio, and other signals and create imagery for use in simulated real-world environments. It claims to&nbsp;reduce the foundational information needed for decision-making by up to 20x.Since 2021, the company has acquired a number of companies to further develop its product offering. This includes Indian visual AI startup&nbsp;<a href="https://sp-edge.com/updates/9370?industryIds=6">Integration Wizards</a> (March 2022) to expand its intellectual property (IP) portfolio to improve vision capabilities as well as digital knowledge platform Maana (July 2021), software developer for the renewable energy industry Ensemble Energy (May 2021), and financial technology company AIM2 (February 2021).&nbsp;<a href="https://sp-edge.com/updates/34997">In October 2024,&nbsp;</a>Avathon unveiled a new system-level AI platform that provides solutions for managing and monitoring critical industrial infrastructure. The AI platform addresses various industrial issues, including maximizing the uptime of capital-intensive assets, enabling efficient manufacturing ramp-up, and ensuring worker safety in industrial settings.&nbsp;Key customers and partnershipsSparkCognition’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.&nbsp;

Avathon

Sight Machine offers a manufacturing data platform that captures and contextualizes data from factories to deliver a system-wide view of the manufacturing process as well as individual assets. The platform transforms raw plant data as well as data from machines of various manufacturers into a standardized data foundation and provides actionable insights for a range of use cases such as predictive maintenance, quality improvement, and capacity utilization. Users can analyze all assets, data sources, and processes by creating digital twins, thereby improving processes, quality, and productivity.&nbsp;In October 2022, Sight Machine introduced <a href="https://sp-edge.com/updates/13696?industryIds=6">Blueprint</a>, a tool developed in collaboration with NVIDIA and Microsoft, which uses AI for high-speed, automated data labeling. The company claims that this solution enables manufacturers to analyze up to 100x more of their data than traditional methods.&nbsp; Key customers and partnershipsSight Machine caters to at least 15 verticals, such as food and beverage, electronics, and automotive. Its global clientele includes Fortune 500 companies such as Nissan, Heineken, Westrock Co., and Asian Paints.&nbsp;<a href="https://sp-edge.com/updates/21955">In September 2023</a>, Sight Machine partnered with LS Electric, a power and automation solutions provider, to create an AI-driven Big Data analytics platform tailored for the manufacturing and energy sectors. In December 2023, the company went on to partner with Teamviewer, a remote collaboration solutions provider, to offer a joint product that combines the latter’s remote connectivity and industrial AR solutions with its real-time data and analysis for industrial processes.&nbsp;Sight Machine has established partnerships with large global companies such as Microsoft, Google, Databricks, Siemens, and AWS to integrate with their data analytics platforms and Fujitsu to help with wide deployments. In July 2023, the platform also became a certified Microsoft Cloud for Manufacturing partner and released Factory CoPilot, integrating its Manufacturing Data Platform with Microsoft Azure OpenAI Service to offer GenAI capabilities for manufacturing analysis and real-time insights. The company went on to launch the<a href="https://sp-edge.com/updates/33441"> Sight Machine connector for Databricks</a> (in September 2024), to integrate its manufacturing data platform with the latter’s data intelligence platform.

Sight Machine

Overview offers smart cameras and AI to enable users 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.&nbsp;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. Moreover, it reportedly offers 100% visual traceability and an over 99.9% uptime.&nbsp;Key customers and partnershipsAs of September 2024, the solution was used by a number of enterprises, including Schaeffler, ThermoFischer, Honda, Caterpillar, and Tyson.&nbsp;

Overview

Bright Machines combines robotics, machine learning, and computer vision to provide automation applications for the electronics manufacturing industry. Its flagship product is the “Bright Machines Microfactory,” a pre-integrated, programmable assembly line that can be deployed in existing and new production facilities. The Microfactory runs on the company's proprietary “Brightware” cloud-based software platform, offering a scalable solution that enables manufacturers to enhance supply chain resilience and adapt production capacity according to market demand. This software-defined manufacturing allows factories to change the products that they manufacture if needed. The company offers its service on a subscription-based microfactory-as-a-service (MaaS) business model.The company reportedly generated USD 83 million in revenue in 2021. In May 2021, Bright Machines reported that its revenue doubled each year since its inception (2018) and forecasts a 5-year CAGR (2020-2025) of over 84%.&nbsp;Key customers and partnershipsBright Machines served over 40 manufacturing companies as of October 2022.The company collaborated with Microsoft Azure in May 2024 to leverage the latter’s infrastructure to deliver a full-stack environment for all stages of the manufacturing lifecycle.The company also has distribution/sales partnerships with Anstar Corporation (April 2021), SMT Capital (April 2021), MaRC Technologies (May 2021), PAC Global (May 2021), Restronics (June 2021), <a href="https://sp-edge.com/updates/3618">BROCK Electronics</a> (June 2021), <a href="https://sp-edge.com/updates/4740">Murray Percival</a> (July 2021), <a href="https://sp-edge.com/updates/4412">Competitive Edge Manufacturing Equipment</a> (CEME; July 2021).Key competitors: None comparable (Bright Machines is the only company in the smart factory industry that offers microfactories-as-a-service, which combines intelligent software with adaptive hardware to automate manufacturing processes.)

Bright Machines

Augury offers AI-based predictive maintenance solutions. It uses wireless halo sensors to record the vibration, temperature, and magnetism of machines and upload them to the cloud, where AI will be used to diagnose faults and predict potential malfunctions. The system can predict failures and provide early, actionable insights on equipment status, allowing companies to plan maintenance more effectively. Augury offers Machine Health solutions for Critical Assets (MH CR) and Supporting Equipment (MH SE).&nbsp;Furthermore, it offers a warranty policy (one-of-a-kind in the predictive maintenance field) for up to USD 100,000 of repairs and replacements if the software fails to successfully predict machine faults. The company reported that its machine health (predictive maintenance) solutions can deliver an ROI of 3x–10x. In December 2023, the company launched a product loss guarantee solution, in partnership with HSB, which covers a broader range of production-related assets, including protection against production loss due to mechanical failures.&nbsp;In May 2022, <a href="https://sp-edge.com/updates/10286">Augury acquired Seebo,</a> another Israeli company that offers predictive quality and yield solutions for manufacturers to identify process-driven inefficiencies.&nbsp;Key customers and partnershipsAugury has built a customer base consisting of companies such as Hershey’s, Colgate-Palmolive, Grundfos, Heineken, Danone, and Bausch Health. The company announced an insurance plan for its customers in 2020, partly as a strategy to attract more customers. Augury’s Machine Health Solutions are integrated with PTC’s ThingWorx IoT through a partnership in July 2020 and are available in the PTC Marketplace. In October 2021, it partnered with Baker Hughes, a provider of energy technology solutions, which integrated Augury’s solutions into its System 1 software and asset performance management (APM) solutions. It went on to integrate Baker Hughes’ “Ranger Pro” wireless condition monitoring sensor and “Cordant” gateway into its platform in June 2024.&nbsp;In November 2023, <a href="https://sp-edge.com/updates/23991">Augury partnered with IFS Ultimo</a>, a provider of cloud-based enterprise asset management (EAM) solutions, to offer machine health monitoring and asset management workflows for industries. It went on to partner with DSV, a logistics solutions provider, in March 2024, to introduce a new Parts As a Service (PaaS) solution. The solution utilizes machine health to predict machine faults and enables users to automate the procurement of replacement parts.

Augury

Companies that provide robotic fleet management software, robotic automation software, and inspection software.

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

Companies that provide cobots, sorting/ picking robotics, modular production robotics, and microfactories.

Companies that provide autonomous mobile robots (AMR) or self-driving vehicles (SDV) used in manufacturing/ factory operations.

Companies that monitor the manufacturing equipment and assembly lines.

Companies that provide predictive maintenance as a primary offering. 

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

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make faster and data-driven decisions. Its flagship product is Element Unify which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analyticsAs of June 2024, the platform can be integrated into Azure Digital Twins by Microsoft, AWS IoT TwinMaker, AVEVA, Radix, Cyient and AW IoT SiteWise. By integrating into a digital twin platform, users are able to deploy, govern and maintain models. The platform is available in personal, team and enterprise packages.&nbsp;Key customers and partnershipsThe company operates a B2B business model providing services to customers in the chemical, power, agriculture and oil and gas industries.&nbsp;In August 2022, the company partnered with a global digital provider, IPCOS, to expand the Unify platform through the chemical plant industry. In April 2023, the company partnered with HighByte, a data management provider, to launch an integrated solution based on AWS’ Industrial Data Fabric Architecture. Other partners include Radix, Microsoft Azure, and AWS.&nbsp;Funding and financialsThe company raised USD 18 million in June 2020 in a series B funding round co-led by Activate Capital and Forte Ventures. The funds were earmarked toward advancing its industrial enterprise solutions.&nbsp;As of April 2023, the company had a customer base with a total revenue of USD 750 billion.

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.&nbsp;In <a href="https://sp-edge.com/updates/16217">February 2023</a>, the company advanced with new data-modeling capabilities to accelerate (up to 10–25x) deployments of industrial digital solutions and reduce cost and complexity for users. In <a href="https://sp-edge.com/updates/25399">January 2024</a>, the company launched the beta version of a GenAI remote operations control room at the Celanese facility to deliver real-time operational transparency.&nbsp;Key customers and partnershipsThe 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;The company had partnered with Microsoft in January 2024 to integrate Cognite Data Fusion with Microsoft Fabric and deliver an AI-powered industrial data operations solution. 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’s software, FactoryTalk, and Cognite Data Fusion.Furthermore, in September 2022, the company partnered with Schlumberger to integrate Cognite Data Fusion to Schlumberger’s Enterprise Data Solution to contextualize data in an interoperable platform.&nbsp;Funding and financialsThe 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 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.

Cognite

Nexar develops AI-powered connected dash cameras and software solutions for vehicles. The company's dash cameras record high-definition video footage of both the exterior and interior of vehicles, with models offering resolutions ranging from 1080p to 4K. Its products feature automatic incident detection, GPS tracking, parking mode surveillance, and cloud backup capabilities. The cameras connect to smartphones via WiFi and utilize an AI-powered mobile app that automatically saves important clips and allows users to access footage remotely. Nexar's product lineup includes several models like the Nexar One (featuring 4K resolution and LTE connectivity), Nexar Beam (a compact single-lens camera), and Nexar Pro (a dual-lens system for interior/exterior recording). The cameras use AI algorithms to detect collisions, hard braking events, and other incidents, automatically generating detailed reports with video evidence, location data, and speed information for insurance claims.
Key customers and partnerships
The company primarily serves individual drivers, ride-share operators, and commercial fleet operators. Nexar's technology particularly appealed to professional drivers, ride-share services like Uber and Lyft, and fleet management companies looking to monitor driver behavior and vehicle security remotely. The company also caters to parents monitoring teen drivers through its real-time alert and tracking capabilities.

Nexar

Seeq is a provider of data analytics enabling insights, predictions, and collaboration for better production and business outcomes.The company’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’s system.Key customers and partnershipsThe 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. In June 2024, Seeq partnered with Equinor, an international energy company, to leverage Seeq's platform across Equinor's global assets.Seeq’s software is built on long-term vendor partnerships such as SIsoft, Honeywell (since 2017), and Siemens (since 2017). Seeq has also partnered with Amazon Web Services (AWS) and Microsoft Azure to develop features specific to their offerings, recognizing Seeq's expertise in providing cloud solutions for the manufacturing and industrial sector. Other partners include Schneider Electric and Inductive Automation.

Seeq

Q Bio provides a predictive assessment platform to analyze existential risk in an individual’s health. The company claims its platform, Gemini Digital Twin, is the fastest and safest scanner, and taking 15 minutes to scan the entire body.The company provides the Q Exam, which gathers millions of data points from the individual’s body, such as blood, saliva, and vitals, and sends results via a web-based Q Dashboard to the individual’s physicians. Data is facilitated via the Gemini 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 to individuals. It charges membership plans for one year at USD 3,495 for one exam and USD 6,495 for two exams.&nbsp;Q Bio's is developing the Mark I scanner which uses proprietary tensor field mapping technology to offer full-body scans with 3,000 anatomical measurements in just 10 minutes, creating digital twins and large biological models for health insights. In <a href="https://sp-edge.com/updates/31878">July 2024</a>, Q Bio secured USD 27 million in strategic funding to propel the Mark I scanner toward market launch.&nbsp;Key customers and partnershipsIn May 2021, the company partnered with Amazon Web Services to provide Q Bio’s services on its cloud platform.

Q Bio

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 partnershipsThe company’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;The company had partnered with Esri to offer a complete end-to-end solution for Esri-based utilities. &nbsp;&nbsp;&nbsp;Funding and financialsThe company raised USD 64 million in April 2021 in a Series A funding round led by Israel Growth Partners. The funds were used to expand the platform capabilities and for market expansion.

Locusview

Companies that facilitate the creation of digital twins to monitor and maintain assets, including buildings and network infrastructure.

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

Companies that offer digital twins to gain insights for use in commercial planning, logistics and distribution, and other supply chain processes.

Companies that offer digital twins to assess risks and recommend solutions in areas such as disaster management, DNA testing, clinical trials (to simulate effects of treatments), etc.

Companies that offer digital twins to design and build components contributing to smart cities, roads, airports, public transportation systems, etc.

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

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

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

Element Analytics

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