Entrepreneurship is thriving even in this market.  Take a look at some promising new companies with fellow alums as part of ''MIT Angels''.  MIT Angels are interested and engaged in the start-up community and committed to investing their time and money into new, cutting edge, early stage businesses.  Our group is made up of individuals with broad experience in technology, semiconductor, energy, general management, entrepreneurship, finance, consulting and law. The involvement of the group in portfolio companies will vary from deal to deal. Entrepreneurs will have access to the group for general advice and direct involvement by individual members where we can make a difference. Potential roles for MIT Angels include “money only investor”, Board member, CEO mentor and advisor/consultant.  Our group meets on a quarterly basis and invite three startups per meeting that can benefit either from advice or investment as they seek angel investors (with a preference for companies started by MIT alum entrepreneurs).   The Deal Selection Team evaluates more than 50 business plans to select the 3 presenting companies.  Entrepreneurs can expect a thorough examination and, occasionally, an investment from some of Silicon Valley's most accomplished entrepreneurs. We strongly encourage business plan submissions from MIT Alumni, but consider all investments based on potential economic returns.

MIT Alumni Angels of Northern California

Berkeley SkyDeck Fund is an investment Arm Behind UC Berkeley's SkyDeck Accelerator.

Berkeley SkyDeck Fund

We invest in and support startups transforming the future of industries with AI technology.

Black Mountain Ventures

Castor Ventures is an investment firm. Castor Ventures invests in a broad range of venture-backed companies to build diversified venture portfolios invested alongside established venture firms.

Castor Ventures

Autotech Ventures is a venture capital firm that manages more than $400 million to invest in start-ups that aim to generate financial returns in the vast $3 trillion ground transportation industry. Connected, autonomous, shared and electrified vehicles and related mobility services have created tectonic shifts in the incumbent ground transportation industry. Vehicle manufacturers, parts suppliers, dealerships, repair shops, parking operators, ground logistics firms, and road infrastructure providers are all being impacted by ground transportation startups. Autotech Ventures provides startup companies with 1) capital to execute on their business plan, 2) access to its industry contacts - including dozens of ground transportation corporate investors who together represent a global market capitalization of over $500 billion dollars, 3) up-to-the-minute market intelligence on the ground transport landscape, 4) support in recruiting ground transportation industry talent, and 5) fundraising support to raise additional capital from other financially-motivated investors and strategic investors. Start-ups typically innovate quickly then scale slowly, while corporations typically innovate slowly then scale quickly. Autotech Ventures brings startups and corporations together to bridge this gap and build a new transportation future.

Autotech Ventures

BootstrapLabs is a leading Silicon Valley based venture capital firm focused on Applied Artificial Intelligence, and the first VC firm to focus solely on AI since 2015 - with over 30 investments in AI first companies and today investing from the 3rd AI focused seed fund ($115M).

BootstrapLabs

Foothill Ventures is a technology-focused venture fund that invests in seed-to-A-round startups in the United States. It is a successor fund to the TEEC Angel Fund. Foothill Ventures was founded in 2017 and is headquartered in Los Altos, California.

Foothill Ventures

e.Republic Ventures provides mentorship, capital and market support for a select number of early stage companies to accelerate their entry into the public sector market. It links the incubation efforts of e.Republic Labs by proving and scaling emerging government and civic technologies with the combined resources of e.Republic, parent company of Government Technology, Governing and other media and research brands focused on the state & local government market.

e.Republic Ventures

OpenDoor Venture Capital is a NYC-based early-stage venture capital firm that seeks to invest in the next generation of winning companies. Their primary focus centers around seed and angel rounds of innovative companies primarily in the technology and consumer space. With over 25 years of successful experience in the financial markets, They’ve developed a proven track record of success.

OpenDoor Venture Capital

Alumni Ventures Group provides high-quality, diversified venture portfolios to individual investors who previously haven't had access to VC. It helps accredited alums from top entrepreneurial schools invest together in the ventures of fellow alums. The firm backs companies with an alumni connection and an institutional lead investor with expertise in the space. AVG also offers focused funds that allow any accredited investor access to a venture portfolio, diversified by type, sector, stage, and geography. Beth Obermiller, Michael Madden, and Mike Collins co-founded the firm in Manchester, New Hampshire in 2013.

Alumni Ventures

MVP Ventures was founded in 2020 with the realization that a rethought model for venture investing could unlock significantly greater returns. With the help of its proprietary data-driven sourcing engine and value-add focus, the firm invests as the 2nd-largest check into early-stage deep tech teams building differentiated and defensible technology across software and hardware — with no ownership restrictions.

MVP Ventures

Propel(x) is an angel investing platform focused on funding early-stage companies that are built around scientific discovery.  The company is driven by a mission to help propel mankind by enabling investments in technologies that matter.  Propel(x) was founded in 2014 and is headquartered in San Francisco, California.

Propel(X)

The Drawdown Fund, managed by Tiger Grass Capital, invests growth equity in catalytic businesses that generate attractive returns for investors and the planet.  Our investments span Sustainable Cities, Food & Agriculture, and Energy.  We started the Drawdown Fund with the belief that market-based solutions to climate change can drive outsized and sustained climate impact for generations to come. The Drawdown Fund intends to make investments in growth equity businesses that are addressing the major drivers of climate change.  We look for companies that have proven technology, established revenue and strong growth, clear competitive advantage, and experienced teams.  We provide the growth capital needed to scale. Our businesses reduce emissions or sequester greenhouse gases while providing attractive risk-adjusted returns.

The Drawdown Fund

Bridgestone Corporation, together with its subsidiaries, develops, manufactures, markets, and sells tires and other rubber products worldwide. It operates in two segments: tires and diversified products. The tires segment develops, manufactures, and markets tires and tubes, and automotive parts for passenger cars, trucks, buses, construction and mining vehicles, commercial vehicles, agricultural machinery, aircraft, motorcycles and scooters, racing cars, karts, utility carts, subways, and monorails. The company also supplies tires to airlines and manufacturers of commercial aircraft, airbus, and boeing. Bridgestone Corporation was founded by Shojiro Ishibashi in 1931. The company has collaborated with Toyo Tire & Rubber Co. Ltd.

Bridgestone Corporation

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups.  Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain has managed a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

Global Brain Corporation

Oshkosh is a manufacturer and marketer of access equipment, specialty vehicles, and truck bodies. The company partners with customers to deliver superior solutions that safely and efficiently move people and materials at work, around the globe, and around the clock. It maintains four reportable segments for financial reporting purposes: access equipment, defense, fire and emergency and commercial, which consist of 40%, 40%, 10% and 10%, respectively net sales during the fiscal year ended September 30, 2013 (fiscal 2013). The company is a manufacturer of telehandlers under the JLG, SkyTrak and Lull brand names. JLG, a manufacturer of aerial work platforms and telehandlers used in a range of construction, agricultural, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights, forms the base of the company's access equipment segment.

Oshkosh

KDDI Open Innovation Fund is a corporate venture capital fund that will support promising startup companies. Total size of the fund is JPY10 billion. This is the first corporate venture capital fund established by KDDI.   The fund will be managed by Global Brain Corporation (Head office: Minato-ku, Tokyo; President and CEO, Yasuhiko Yurimoto), which has a strong track record in the venture capital business.   By combining KDDI’s know-how and assets with Global Brain’s investment and management support capabilities, we will work together to accelerate cooperative activities with promising startup companies. Through this fund, as well as ''KDDI ∞ Labo,'' a startup incubation program currently inviting a second round of applications, we will continue to support the growth of the next startup companies.

KDDI Open Innovation Fund

The ME Innovation Fund serves as a link between the Mitsubishi Electric Group and companies. ME Innovation Fund uses the keyword ''technology'' to uncover unique technologies and novel ideas from businesses and to bring change to the world through co-creation.

Mitsubishi Electric Innovation Fund

The Rise Fund is committed to achieving social and environmental impact alongside financial returns. We seek to partner with creative entrepreneurs and build successful businesses that drive meaningful, measurable positive change. The Rise Fund will focus on investments in seven sectors in which independent research has shown that impact is both achievable and measurable in quantitative terms: education, energy, food and agriculture, financial services, healthcare, information, and communication technology, and industrials and infrastructure.

The Rise Fund

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer-facing startups. Their investments are seed and series A. The investment range of the company is $50,000 to $5,000,000. It invests in Alibaba Group, Beepi, BrightRoll, Betterment, Adore Me, and Earnest.

FJ Labs

Hayden AI

Hayden AI provides a platform for computer vision and geospatial data collection that transforms how infrastructure assets are managed. The company's mobile perception platform helps clients speed up transit, make streets safer, and create a more sustainable future. Hayden is building the future of real-world problem-solving for governments and businesses.

Hayden AI develops AI-powered smart traffic enforcement technologies. Its cloud-based platform allows cities and transport operators to enforce traffic laws and automatically process traffic violations that tap into cities' existing traffic infrastructure, eliminating the need for expensive hardware installations. The firm has developed patented smart onboard sensors and mobile perception systems equipped with computer vision and edge processing, which coupled with its platform, generates a digital twin of the city's roads and curbsides in real time. The platform combines AI with mobile sensors that can see and reason in 3D to simulate scenarios and generate insights for traffic, parking, and curbside management. It also offers “safeSense,” a mobile road safety app that turns a smartphone into a dashcam that detects traffic violations in real time, allowing users to report and receive alerts on road obstructions and reckless driving.

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

Hayden AI is a provider of digital twin software as smart traffic solutions using computer vision with sensors and AI. The company’s proprietary GeminAI creates 3D virtual models of cities using the digital twin software. Cameras are used to capture data that will provide visualization, analysis tools, and insights to agencies and traffic enforcement organizations for planning, designing, and monitoring.&nbsp;

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

Digital Twin

Hayden AI’s $90 Million Series C Financing Round

NEC Corporation

To improve road safety, sustainability, and public transport reliability and accessibility by using advanced vision AI technology.

Startups offering management platforms to monitor, analyze, and automate traffic control

Hayden AI develops AI-powered smart traffic enforcement technologies. Its cloud-based platform allows cities and transport operators to enforce traffic laws and automatically process traffic violations that tap into cities' existing traffic infrastructure, eliminating the need for expensive hardware installations. The firm has developed patented smart onboard sensors and mobile perception systems equipped with computer vision and edge processing, which coupled with its platform, generates a digital twin of the city's roads and curbsides in real time. The platform combines AI with mobile sensors that can see and reason in 3D to simulate scenarios and generate insights for traffic, parking, and curbside management. It also offers “safeSense,” a mobile road safety app that turns a smartphone into a dashcam that detects traffic violations in real time, allowing users to report and receive alerts on road obstructions and reckless driving.Key customers and partnershipsThe firm's platform has been used by city municipalities and transport operators including Los Angeles County Metropolitan Transport Authority for managing transit and schoolbuses as well as street sweepers. The firm planned to expand its services to provide solutions for streetcars.In January 2022, the firm partnered with Conduent, a global provider of public transportation solutions, to develop a bus-mounted perception system that allows for automated bus lane enforcement. In August 2022, the company partnered with NVIDIA Metropolis, a video analytics and applications developer, to utilize NVIDIA’s vision AI tools to strengthen its patented perception platform. In November 2023, the company introduced a new product for its Vision AI platform: <a href="https://sp-edge.com/updates/23823">Automated Bike Lane Enforcement, </a>which aims to improve safety and accessibility for cyclists by addressing illegal parking in bike lanes.

<div>
 
 Replica is an urban planning and simulation tool that helps city planners and transport operators assess current and future transport requirements. The firm gathers data including mobility metrics covering a variety of modes of transport, demographics, land use, and economic metrics from several sources including de-identified data gathered from smartphones of commuters. 
 
 
 Replica&rsquo;s unique offering is a city simulation model that applies proprietary synthetic population and behavior models powered by AI and machine learning to create large-scale simulations or &ldquo;digital twins&rdquo; of the transportation and economic patterns of a city. In 2021, the firm claimed to have grown its activity-based travel demand simulator to cover the entire US, creating the first nationwide travel model of its kind.
 
 
 Replica started off (in 2018) as a project of Sidewalk Labs, a subsidiary of Alphabet, to experiment with smart city projects. In September 2019, the project was spun-off from its parent as a standalone company, while Sidewalk Labs remained an investor in the firm. 
 
 
 In response to the Covid-19 pandemic, the firm created a public dashboard and trend analysis tool providing weekly data on mobility, consumer spending, and public health to monitor the progression of the pandemic and the economic recovery. 
 
 
 
 Key customers and partnerships
 
 
 
 As of February 2022, the firm partnered with public agencies and private firms in the US, including the Chicago Transit Authority, Illinois Department of Transportation, Caltrans, and Broward Metropolitan Planning Organization. 
 
 
 Funding and financials
 
 
 
 In April 2021, Replica raised USD 41 million in Series B funding led by Founders Fund. Replica planned to use this to expand its service offerings to include forecasting and scenario modeling tools.
 
</div>

Replica

<div>
 
 Cowlines is a transport planning app that provides information covering multiple modes of travel including bus, subway, tram, bikeshare, and ferries. The app is free for commuters on the Apple App Store and is also available to transport operators as a white label product. 
 
 
 The app was developed by Greenlines Technology, a developer of human-based decarbonization solutions, built on its proprietary patent-pending mobility carbon engine (MCE). The firm claimed that since 2019, it had generated revenue from verified carbon offsets produced by commuters, using its transport apps when they choose low-carbon transport modes such as public transit, micromobility, and ride-hailing services. 
 
 
 Key customers and partnerships
 
 
 
 As of February 2022, the app covers 62 cities in the US and Canada. The firm also licenses its MCE where transport operators can incorporate it into their own transport apps. A case in point is, Loopshare, a micromobility ride-sharing firm that entered a licensing agreement with Greenlines Technology in January 2020.
 
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Cowlines

Founded in Ukraine before subsequently moving its operations to Spain, Discoperi provides AI-powered smart vision technologies for improving road safety. It developed “system eye,” a portable smart camera equipped with vision technology that gathers and analyzes data in real-time, providing an in-vehicle road safety alert system. Its vision technology system can also be integrated into third-party in-vehicle internet of things (IoT) devices. The system is built on blockchain technology, which gathers and stores data in a privacy-preserving manner. Discoperi also claimed it is working to bring its system eye service to smartphones without the need for any additional hardware. The firm’s solutions are targeted at drivers, insurance companies, transport agencies, driving schools, and city municipalities.In 2020, the firm also launched “City AI,” a B2B solution for public agencies, such as police, city planners, and road maintenance workers, for mobility data gathering, analyzing, predicting, and identifying issues to improve road safety. Its vision technology can be integrated into any existing roadside cameras and it claims its system has a 96%+ accuracy in identifying 3,000+ vehicle models.Key customers and partnershipsThe firm reported in 2020 that it generated its first revenue by converting two pilot projects in Ukraine into paying customers. In 2021, it planned to enter one additional market while growing its presence in the Ukraine market.Funding and financialsBoth its products were at the pilot stage and in November 2018, it received a grant of USD 71,400 from the European Commission to develop its System EYE platform. Since then, the firm raised an undisclosed amount in March 2019 in a pre-seed funding round.In May 2022, the firm was selected to receive support from Google as part of its USD 5 million Ukraine support fund. Discoperi will be amongst the first 17 startups to receive equity free cash contributions, Google Cloud credits and individual mentorship as part of this initiative.

Discoperi

<div>
 
 Nauto provides an AI-powered driver and fleet safety platform. The platform applies computer vision and proprietary algorithms to its AI-enabled dual-facing dash camera. This monitors driver behavior and vehicle surroundings to predict high-risk events and send real-time in-vehicle alerts (IVA) to prevent pedestrian collisions, speeding and intersection violations, and distracted driving. In November 2019, the firm introduced self-coaching tools for drivers to improve distracted driving and manager-led coaching modules for commercial fleet managers. The firm claimed its tools had helped reduce distraction events by more than 35% on average. 
 
 The firm claimed to be the only AI-enabled platform that impacted driver behavior in real-time, which it claimed has led to the avoidance of 70,000+ collisions, resulting in a ~USD 300 million savings. 
 
 
 In November 2021, Nauto introduced a driver drowsiness detector system that monitors real-time multiple drowsiness indicators such as yawning, blink rate, drooping shoulders, etc. which will trigger in-vehicle alert (IVA) systems when a certain threshold is reached. 
 
 
 Key customers and partnerships
 
 
 
 As of February 2022, Nauto&rsquo;s platform was used by 800+ brands including Allegiant, Flexibus, Sprint, Edge, Phillips. 
 
 
 Funding and financials
 
 
 
 <a href="https://sp-edge.com/updates/19521">
 In June 2023,
 </a>
 Nauto secured a strategic investment from Stellantis Ventures, the venture capital arm of automaker Stellantis, to extend its safety benefits to more light commercial vehicles and, eventually, to consumer vehicles. The firm has also attracted investor interest from automakers like General Motor Ventures, Toyota AI Ventures, and BMW iVentures. It is believed that the firm's data can be leveraged for the development of self-driving cars in the future.
 
</div>

Nauto

ParkNav is a web-based parking discovery platform that provides drivers with up-to-date on-street and off-street parking availability and parking restriction information.The firm’s edge is in the range of data sources it uses, including vehicle sensors, cell phone towers, satellite imagery, and proprietary sources, coupled with AI and big data analytics. According to the firm, it is recognized as a leader in the industry for its data accuracy, claiming an 80% precision rate for every city in its coverage.Key customers and partnershipsAs of February 2022, the platform covers 1,000+ cities across Europe and North America.

ParkNav

Startups that offer mobile apps that provide live information for route planning via multiple modes of transport

Startups offering mobile apps for drivers to locate, book, and pay for parking

Startups offering management platforms that provide information and analytics to optimize route planning and usage for mass transport

Startups offering mobile and in-vehicle apps that provide real-time alerts on road hazards and traffic conditions

Startups offering platforms to monitor, manage and enforce parking services

SMI tools promote sustainability and aim to reduce carbon emissions globally

Solutions like smart parking and traffic management use IOTs in vehicles and roadside hardware

Connecting smart mobility systems through peer-to-peer, vehicle-to-vehicle, and vehicle-to-infrastructure connectivity to promote sustainable transportation

5G and Edge computing have enabled the emergence of traffic management solutions

Transport planning and smart parking apps provide transparency on transport options and parking spots

Hayden AI is a provider of digital twin software as smart traffic solutions using computer vision with sensors and AI. The company’s proprietary GeminAI creates 3D virtual models of cities using the digital twin software. Cameras are used to capture data that will provide visualization, analysis tools, and insights to agencies and traffic enforcement organizations for planning, designing, and monitoring.&nbsp;Apart from the digital twin software, the company has several products including data portal, AI camera, and the mobile app. It also has specialized solutions for transit buses, school buses, street sweepers, cars, police vehicles, and garbage trucks. In New York City, where Hayden AI's technology is installed on Metropolitan Transportation Authority buses, transit speeds have increased by up to 40% on certain routes and vehicle collisions have decreased by as much as 34% on streets with transit routes utilizing this technology.&nbsp;In June 2022, the company received a patent for its traffic rule management technology and was approved as a strategic partner of Nlets, the International Justice and Public Safety Network. These will enable the company to provide its services to law enforcement organizations.&nbsp;Key customers and partnershipsNotable customers include National Law Enforcement Telecommunications System (NLETS), Los Angeles Metro, ZTM Gdańsk, and City of Tallinn.&nbsp;Hayden AI has partnered with Snapper Services (March 2024) to enhance data analysis for public transport providers by leveraging the technology of both companies. The partnership with LYT (February 2024) integrated Hayden AI’s bus-mounted vision AI with LYT’s transit signal priority to enhance safety and efficiency for transit agencies. Additionally, the partnership with Conduent Transportation (August 2022) focused on developing and delivering an automated technology solution designed to improve safety for children who ride on school buses. The company also partnered with NVIDIA Metropolis to incorporate its vision AI tools into the company’s platform (August 2022).

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 the Cognite Data Fusion.Furthermore, in September 2022, the company partnered with Schlumberger to integrate the 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 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 June 2024, 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 behavioral maps, autonomous vehicles systems, and compute and connectivity optimization.&nbsp;In August 2022, the company acquired Portugal-based Veniam to combine its data with Veniam’s communications technology and provide real-time mapping for mobility applications.&nbsp;Key customers and partnershipsThe company operates a B2B business model providing its services to enterprises and institutions in the logistics, road construction, and insurance industries. 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. 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 accident or assault.&nbsp;It also partnered with AWS to deploy images, videos, and AI detections using AWS.&nbsp;Funding and financialsThe 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.

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 softwares 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 analyse existential risk in an individual’s health. The company claims its platform, Gemini Digital Twin, 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’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 offering 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.

Used to design and build components contributing to smart cities, roads, airports, public transportation systems, etc.

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

<div>
 AI technology developer, Hayden AI, has secured a USD 90 million Series C funding round. The Rise Fund led the round, with contributions from existing investors such as Drawdown Fund and Autotech Ventures.
 The funding will be utilized to enhance research and development efforts and accelerate the company's growth.
 
</div>

Hayden AI

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