Momenta Partners

Momenta Partners is a digital industry growth partner firm founded in 2012 and headquartered in Meggen, Switzerland. The firm specializes in advising and placing executive talent, as well as investing in early-stage digital industry companies across various sectors, including energy, manufacturing, smart spaces, and supply chain/logistics. With a global team of over 25 professionals who have extensive experience in leading companies and business lines at major organizations, Momenta Partners has facilitated significant Industrial IoT transactions and supported the placement of over 200 leaders. Additionally, its investment arm, Momenta Ventures, focuses on seed to later-stage investments in companies involved in advanced manufacturing, big data, cybersecurity, and the digitalization of energy and utilities, primarily in Europe and North America.

Michael Dolbec

Managing Partner

Ken Forster

Founding Partner

Doug Harp

Managing Partner - Digital and M&A Advisory Practice

Miroslav Kriz

Venture Partner

Past deals in Industrial Automation

Tvarit

Series A in 2023
Tvarit GmbH, founded in 2009 and based in Frankfurt am Main, Germany, specializes in developing AI solutions tailored for the manufacturing sector. The company focuses on process optimization and scrap reduction, particularly in metal factories, utilizing a hybrid model that integrates AI with physics and chemistry-based simulations. This approach helps minimize false alarms, allowing clients to derive actionable insights from their data. Tvarit also offers a comprehensive AI platform that enables data scientists to analyze manufacturing data and create custom use-cases. Additionally, the company provides services in data extraction, IT systems integration, and data preparation, positioning itself as a key player in advancing smart manufacturing and digital transformation.

HighByte

Convertible Note in 2023
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

Overview

Series A in 2022
Overview Corporation specializes in developing advanced computer vision systems and smart cameras aimed at enhancing operational efficiency in wire and cable manufacturing. The company's technology focuses on real-time error detection and equipment monitoring, utilizing artificial intelligence to learn normal machine routines and identify deviations, crashes, and anomalies. Its inspection and monitoring systems are designed to prevent significant damage to products or machinery by catching issues such as misalignments and breakages early in the manufacturing process. Additionally, Overview Corporation's platform offers built-in analytics for remote factory tracking and provides users with live video feeds, event detection, and custom alerts, ensuring comprehensive operational visibility. Founded in 2018 and headquartered in San Francisco, California, the company serves the manufacturing sector across the United States.

Agtonomy

Seed Round in 2022
Agtonomy is a hybrid autonomy and tele-assist platform for agriculture vehicles.

HighByte

Seed Round in 2021
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

Fixposition

Seed Round in 2021
Fixposition AG, founded in 2014 and based in Zurich, Switzerland, specializes in high-accuracy navigation solutions for autonomous vehicles. The company offers NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and cars. By integrating computer vision with centimeter-accurate GNSS/GPS technology, Fixposition ensures reliable navigation across various environments, enhancing the safety and efficiency of automated operations. Focused primarily on the industrial drone sector, Fixposition has secured partnerships with notable customers, including Yuneec, Huawei, and Robsense. The company's innovative solutions aim to address the growing demand for precision in the rapidly expanding autonomous vehicles market.

Fixposition

Seed Round in 2021
Fixposition AG, founded in 2014 and based in Zurich, Switzerland, specializes in high-accuracy navigation solutions for autonomous vehicles. The company offers NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and cars. By integrating computer vision with centimeter-accurate GNSS/GPS technology, Fixposition ensures reliable navigation across various environments, enhancing the safety and efficiency of automated operations. Focused primarily on the industrial drone sector, Fixposition has secured partnerships with notable customers, including Yuneec, Huawei, and Robsense. The company's innovative solutions aim to address the growing demand for precision in the rapidly expanding autonomous vehicles market.

Axino

Venture Round in 2021
Axino Solutions is a software company specializing in the planning and implementation of comprehensive IT solutions for various industries, particularly telecommunications. The company offers consulting services and IT systems designed to assist large and medium-sized enterprises in digitizing their business processes. Axino serves a diverse range of sectors, including telecommunications, automotive, transport, logistics, healthcare, public administration, and trade. By focusing on operational and business support systems, Axino aims to enhance the efficiency and effectiveness of its clients' operations through innovative software applications and tailored solutions.

Pulse Industrial

Seed Round in 2021
Pulse Industrial is a California-based company specializing in the development of advanced monitoring technologies for industrial applications. The company focuses on creating sensors that provide a comprehensive overview of valves and steam traps in industrial plants, enabling predictive maintenance and failure alerts. Its flagship product is an artificial intelligence-powered steam trap monitoring device that utilizes vibration and acoustic analysis to detect steam leaks. By employing low power wide area communication, the device efficiently alerts maintenance personnel to potential issues, thereby enhancing safety and reducing fuel consumption in industrial settings. Through these innovations, Pulse Industrial aims to improve operational efficiency and reliability in steam generation processes.

Axino

Series A in 2021
Axino Solutions is a software company specializing in the planning and implementation of comprehensive IT solutions for various industries, particularly telecommunications. The company offers consulting services and IT systems designed to assist large and medium-sized enterprises in digitizing their business processes. Axino serves a diverse range of sectors, including telecommunications, automotive, transport, logistics, healthcare, public administration, and trade. By focusing on operational and business support systems, Axino aims to enhance the efficiency and effectiveness of its clients' operations through innovative software applications and tailored solutions.

HighByte

Convertible Note in 2020
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

HighByte

Convertible Note in 2020
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

SST Wireless

Series A in 2020
SST Wireless Inc. specializes in the design, manufacture, and distribution of wireless sensor technologies aimed at enhancing safety, conserving energy, and minimizing operational downtime for vehicles and equipment. The company offers a range of products, including advanced vibration sensors, high-temperature sensors capable of withstanding extreme conditions, and pressure sensors designed for harsh environments. Their wireless sensor systems are particularly recognized in the field of tire pressure monitoring for heavy-duty vehicles like mine haul trucks and construction equipment. In addition to their sensor products, SST Wireless provides a monitoring software platform that facilitates real-time data analysis, helping clients make informed decisions to improve safety and efficiency. Established in 2002 and headquartered in Richmond, Canada, SST Wireless also offers integration, support, and custom development services to accommodate various client needs.

ChemTech.

Seed Round in 2020
ChemTech is a New York-based company founded in 2017 that specializes in developing AI-based software for the automation of manufacturing plants. Its flagship product, OptimEase, gathers historical and real-time data from existing sensors to enhance the efficiency of production lines in various sectors, including chemicals, food, cosmetics, and oil and gas. By utilizing artificial intelligence, OptimEase not only predicts future parameters of production units but also provides actionable recommendations to improve capacity, yield, and product quality. This innovative platform aims to optimize factory operations, enhance productivity, and help industries maximize profitability while reducing their environmental impact.

Smartex

Seed Round in 2019
Smartex focuses on addressing significant challenges in the textile industry by leveraging advanced AI technology, specifically machine learning and computer vision. The company has developed a hardware-enabled software solution that detects textile defects and irregularities in real time. By implementing this innovative system, Smartex can halt production when defects are identified, thereby minimizing defective output and reducing textile waste. This proactive approach not only enhances production efficiency but also contributes to sustainability by lowering carbon dioxide emissions, energy consumption, and water usage. Moreover, Smartex provides factories with a user interface to monitor production statistics, further improving operational insights and decision-making capabilities.

Litmus

Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto and Chiyoda, it focuses on enabling data collection, analytics, and management through its software, Litmus Edge. This platform collects, normalizes, and analyzes real-time data at the source, providing operators with essential visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, Litmus Automation offers Litmus Edge Manager, a centralized management tool designed to control edge devices, facilitating secure mass deployment, over-the-air updates, and automated actions. The company's solutions aim to transform critical edge data into actionable intelligence, supporting maintenance and leveraging machine learning and artificial intelligence to create business value from IoT implementations.

Litmus

Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto and Chiyoda, it focuses on enabling data collection, analytics, and management through its software, Litmus Edge. This platform collects, normalizes, and analyzes real-time data at the source, providing operators with essential visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, Litmus Automation offers Litmus Edge Manager, a centralized management tool designed to control edge devices, facilitating secure mass deployment, over-the-air updates, and automated actions. The company's solutions aim to transform critical edge data into actionable intelligence, supporting maintenance and leveraging machine learning and artificial intelligence to create business value from IoT implementations.

PLAT.ONE

Seed Round in 2015
PLAT.ONE is the First Enterprise-Grade M2M and IoT Application Platform, and related industry vertical applications. PLAT.ONE has established itself as the platform of choice for connected applications in major Telecoms and global industrial equipment companies. PLAT.ONE’s distributed architecture, integrated development and deployment features, and native security and big-data ready capabilities reduce application development time while providing Enterprise-Grade, non-stop operations. Businesses use PLAT.ONE to deploy innovative connected solutions ranging from smart equipment and transportation to smart cities and manufacturing.

Harper Reid

Acquisition in 2015
Leading Retained Executive Search Firm for Machine to Machine (M2M) and Internet of Things (IoT) markets

Eigen Innovation

Seed Round in 2015
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions tailored for industrial manufacturers. The company offers the Intellexon platform, a vision analytics tool designed for the industrial Internet of Things, which learns from operator inputs to optimize machine settings. Eigen Innovations also captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology finds application across diverse sectors, including automotive, food processing, construction materials, and mining. Founded in 2012 and headquartered in Fredericton, Canada, Eigen Innovations integrates traditional operational technology with advanced data science and cloud computing. This convergence fosters significant efficiency improvements in manufacturing operations. The company boasts a multi-disciplinary team with expertise in engineering, process control, IT, data science, and deep learning, focused on delivering innovative solutions to tackle complex challenges in industrial manufacturing.

Alleantia

Angel Round in 2013
Alleantia s.r.l., founded in 2011 and based in Pisa, Italy, specializes in developing an open and interoperable software platform that integrates various industrial devices with enterprise software and Internet of Things (IoT) applications. The company offers a range of products, including ISC Software for data acquisition and control, Industrial IoT applications for seamless integration into enterprise IT infrastructure, and XPANGO, which facilitates data exchange across different devices regardless of manufacturer or communication protocol. Alleantia's solutions are designed for diverse industries such as machine manufacturing, renewable energy, transportation, and utilities, enabling rapid device connectivity and the creation of digital twins for both new and legacy equipment. The software supports numerous industrial protocols, allowing users to access and share machine data efficiently. With a focus on scalability and cost-effectiveness, Alleantia's technology is increasingly adopted by large customers and machine manufacturers, affirming its position as a key player in the Industrial IoT landscape.
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