Momenta Partners is a leading venture capital firm headquartered in Meggen, Switzerland, that specializes in accelerating industrial innovators across various sectors, including energy, manufacturing, smart spaces, and supply chain. Founded in 2012, the firm has a strong track record of supporting early-stage to later-stage companies, focusing on transformative technologies that enhance critical industries and improve environmental sustainability and quality of life. With a team of experienced industry operators, Momenta Partners has established itself as a key player in the venture capital landscape, gaining recognition as one of the top-performing firms globally. The firm's commitment to driving innovation positions it favorably within the rapidly evolving industrial landscape, particularly in Europe and North America.
AICA aims to make robotics accessible to all companies. Our technology leverages reinforcement learning (Artificial Intelligence), closed-loop force control, and dynamic motion, giving robots a sense of touch and the ability to learn and adapt autonomously to changes. This gives manufacturers more flexibility and autonomy, allowing them to automate complex processes in an affordable way, such as gearbox assembly, EV battery (dis)assembly, automatic screwing, deburring, or polishing. In addition, on-site production employees can now operate the robots without the need for advanced robotic expertise.
Eigen Innovation
Venture Round in 2024
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
SprayVision
Seed Round in 2024
SprayVision is a manufacturer of spray pattern digitalization technology specifically designed for the automotive industry. The company specializes in providing tools for analysis, evaluation, and process control, which include features such as flash-off time-lapse, pattern comparison, and non-contact thickness measurement. Additionally, SprayVision offers devices that capture coating results, allowing clients to optimize their production processes during vehicle manufacturing.
Luffy AI
Venture Round in 2024
Luffy AI Limited, incorporated in 2018 and based in Thame, United Kingdom, specializes in developing advanced AI technologies that exhibit neuroplasticity. The company focuses on creating adaptive neural networks capable of learning and adjusting in real-time at the edge. Its key products include an adaptive AI flight controller for unmanned aerial vehicles (UAVs) and an intelligent actuator controller designed for robotics and industrial applications. Luffy AI's control systems are engineered to optimize the performance of existing manufacturing equipment by learning its specific nuances and adapting to changes over time. This innovative approach enables businesses to expand the capabilities of their operations and enhances the application of artificial intelligence in complex industrial environments.
minds.ai
Seed Round in 2023
Minds.ai Inc., founded in 2014 and headquartered in Santa Cruz, California, specializes in artificial intelligence consultancy and the development of the DeepSim platform. This platform automates the generation of software for hardware control and process design, significantly enhancing workflow efficiency and reducing time to market for its clients. DeepSim is particularly effective in applications such as path planning for advanced driver-assistance systems (ADAS), system control for automotive original equipment manufacturers (OEMs), and optimizing placements in 5G base stations and wind turbine farms. The company has served notable clients, including a major Japanese automobile manufacturer, and operates with teams in Europe and Bangalore, India. Minds.ai's focus on leveraging deep learning technology allows organizations to improve key performance indicators, adapt to dynamic operational conditions, and streamline their production processes.
Pico MES
Series A in 2023
Pico MES Inc. specializes in developing manufacturing process data collection and analytics software tailored for factories across the United States. Founded in 2019 and based in San Francisco, the company offers a manufacturing execution system that enhances factory and machinery control. Its software enables manufacturers and engineers to gather critical data, allowing for improved visibility into supply chain operations. By transitioning mid-sized factories from paper-based systems to digital solutions, Pico MES helps enhance product quality in industries such as battery manufacturing, automotive, and aerospace. The integration of digital work instructions and process error-proofing tools empowers manufacturers to minimize variations, target process improvements, and optimize resource allocation effectively.
Pulse Industrial
Venture Round in 2023
Pulse Industrial, founded in 2017 and based in California, specializes in developing advanced monitoring solutions for industrial plants, particularly focusing on steam systems. The company has created a smart steam trap monitoring device that employs artificial intelligence to detect steam leaks by analyzing vibration and acoustic behavior. This technology, known as QALM, enhances visibility into potential failures, alerting maintenance personnel through low power wide area communication. Additionally, Pulse Industrial is exploring thermal applications utilizing phase change materials, further expanding its innovative offerings in the industrial sector. By enabling remote monitoring of critical components like steam traps, the company aims to improve safety and reduce fuel consumption across various industrial processes.
HighByte
Convertible Note in 2023
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
Raven Telemetry
Series A in 2023
Founded in 2013, Raven developed the first Augmented Industrial ManagementTM (AIM) platform for manufacturers. Raven uses mobile hardware, software, and cloud-based analytics driven by artificial intelligence to massively improve world-leading manufacturers’ profitability with no change to the number of people and machines. Real-time recommendations and productivity insights provide immediate results to plant managers, supervisors, and machine operators.
Shoreline IoT
Seed Round in 2022
Shoreline integrated innovative technology expertise with the understanding of individuals who have spent their careers perfecting production procedures for maximum performance and profitability. Combining two approaches to value generation in the industry resulted in the first "off the shelf" solution for asset performance management, allowing linked devices to become ubiquitous across a corporate asset ecosystem.
Overview.ai
Series A in 2022
Overview’s inspection systems are built with Deep Learning technology which allows us to find mistakes more consistently and in a wider variety of situations.
HighByte
Seed Round in 2021
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
Fixposition
Seed Round in 2021
Fixposition AG is a Swiss company founded in 2014, specializing in advanced navigation solutions for autonomous systems. Based in Zurich, it focuses on enhancing the reliability and availability of precise positioning through a combination of cutting-edge computer vision techniques and satellite navigation expertise. The company offers products such as NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and vehicles. Fixposition's technology enables centimeter-level positioning accuracy in challenging environments, including urban canyons and forests, where satellite signals are often obstructed. This capability supports a wide range of applications, from off-road autonomous robots to industrial drone inspections and high-precision control of various autonomous machines.
Axino
Venture Round in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
Pulse Industrial
Seed Round in 2021
Pulse Industrial, founded in 2017 and based in California, specializes in developing advanced monitoring solutions for industrial plants, particularly focusing on steam systems. The company has created a smart steam trap monitoring device that employs artificial intelligence to detect steam leaks by analyzing vibration and acoustic behavior. This technology, known as QALM, enhances visibility into potential failures, alerting maintenance personnel through low power wide area communication. Additionally, Pulse Industrial is exploring thermal applications utilizing phase change materials, further expanding its innovative offerings in the industrial sector. By enabling remote monitoring of critical components like steam traps, the company aims to improve safety and reduce fuel consumption across various industrial processes.
Axino
Seed Round in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
Axino
Series A in 2021
Axino Solutions specializes in providing comprehensive IT solutions for operational and business support systems, targeting network operators and various industries, including telecommunications, automotive, transport, logistics, healthcare, and public administration. The company also focuses on enhancing food safety for retailers through its innovative temperature monitoring device. This device integrates IoT sensor technology with AI algorithms to remotely track the core temperature of refrigerated products, helping retailers to reduce food waste, save on energy costs, and streamline their workload. By digitizing and automating food quality management processes, Axino aims to deliver sustainable solutions that promote efficiency and safety in the retail sector.
HighByte
Convertible Note in 2020
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
HighByte
Convertible Note in 2020
HighByte, Inc. specializes in developing DataOps software tailored for industrial enterprises to address data architecture and integration challenges. Founded in 2018 and based in Portland, Maine, the company offers the HighByte Intelligence Hub, a solution that seamlessly combines real-time, transactional, and time-series data into a single payload for applications. This enables manufacturers to securely collect, model, and transfer valuable industrial data without the need for coding or extensive maintenance. By facilitating rapid system integration and leveraging contextualized data for analytics and artificial intelligence, HighByte helps businesses govern data standards across their operations, enhancing overall efficiency and data utilization.
SST Wireless
Series A in 2020
SST Wireless Inc. designs, manufactures and distributes wireless sensor technologies specifically to help each customer increase safety, conserve energy, and reduce operational downtime of vehicles and equipment. Their products are the result of years of research and development combined with extensive real-world field trials. Their history spans over a decade as a recognized leader in industrial and commercial grade wireless tire pressure monitoring systems (TPMS) that help increase safety, extend tire life and increase energy conservation for heavy duty vehicles such as mine haul trucks, construction equipment, transit buses and transport trucks. We’ve learned from a lot from their work with heavy duty vehicles. Based on their knowledge, they embarked on an ambitious plan in 2014 to develop a line of industrial wireless sensors for equipment condition monitoring. They are removing the barriers to deploying and commissioning sensors for any size of company, regardless of their technical resources. Over time, their monitoring software platform will help them gain new insights in to the service life cycle of their equipment while helping operations and maintenance teams make timely decisions to increase safety, reduce downtime and conserve energy. Their purpose designed sensors carry the philosophy that they must be easy to use, rugged and reliable to ensure that they will perform when it counts the most. Their team of engineers and software developers have delivered an impressive line of new sensors that include self calibration vibration sensor, high temperature sensor, pressure sensors, humidity and differential pressure sensor and a new sensor gateway platform.
Sight Machine
Series B in 2017
Sight Machine Inc. develops a manufacturing analytics platform that provides real-time visibility and actionable insights across manufacturing operations. Founded in 2011 and headquartered in San Francisco, California, with additional offices in Ann Arbor, Michigan; Tokyo, Japan; and Taichung, Taiwan, the company serves Global 500 clients in various sectors, including aerospace, automotive, and pharmaceuticals. Its offerings include FactoryTX Edge and FactoryTX Cloud for multi-factory IoT data management, as well as a Manufacturing Data Platform that integrates multiple data sources such as data historians, RDBMS, MES, and ERP systems. The platform leverages artificial intelligence, machine learning, and advanced analytics to help manufacturers enhance quality, productivity, and sustainability by continuously analyzing assets and processes at all levels of the organization.
Senseye
Series A in 2017
Senseye Ltd. is a company based in Southampton, United Kingdom, that specializes in providing cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which enables automated condition monitoring, diagnostics, and prognostics without the need for extensive infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to a wide range of machinery, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This allows manufacturers to predict machine failures, minimize downtime, and ultimately reduce operational costs. Senseye has established a strategic partnership with Momenta Partners to enhance its market presence and capabilities.
Litmus Automation
Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform designed for industrial applications. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto and Chiyoda, the company offers solutions through its software, Litmus Edge. This software collects, normalizes, and analyzes real-time data directly from various devices, machines, controllers, and sensors, providing operators with essential insights to mitigate potential downtimes and business risks. Additionally, Litmus Automation has developed Litmus Edge Manager, a centralized platform for managing devices, data, and applications. This tool enables secure mass deployment, over-the-air updates, and automated actions, facilitating better control over edge devices. The company's innovative approach aims to transform critical edge data into actionable intelligence, supporting maintenance, machine learning, and artificial intelligence initiatives for organizations implementing IoT solutions.
Litmus Automation
Seed Round in 2016
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform designed for industrial applications. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto and Chiyoda, the company offers solutions through its software, Litmus Edge. This software collects, normalizes, and analyzes real-time data directly from various devices, machines, controllers, and sensors, providing operators with essential insights to mitigate potential downtimes and business risks. Additionally, Litmus Automation has developed Litmus Edge Manager, a centralized platform for managing devices, data, and applications. This tool enables secure mass deployment, over-the-air updates, and automated actions, facilitating better control over edge devices. The company's innovative approach aims to transform critical edge data into actionable intelligence, supporting maintenance, machine learning, and artificial intelligence initiatives for organizations implementing IoT solutions.
Senseye
Seed Round in 2015
Senseye Ltd. is a company based in Southampton, United Kingdom, that specializes in providing cloud-based solutions for predictive maintenance in the manufacturing sector. Founded in 2014, Senseye offers a product called PROGNOSYS, which enables automated condition monitoring, diagnostics, and prognostics without the need for extensive infrastructure or expert manual analysis. Utilizing advanced machine-learning algorithms, PROGNOSYS can be applied to a wide range of machinery, regardless of the manufacturer, by leveraging data from existing Industrial IoT sensors and platforms. This allows manufacturers to predict machine failures, minimize downtime, and ultimately reduce operational costs. Senseye has established a strategic partnership with Momenta Partners to enhance its market presence and capabilities.
Plat.One
Seed Round in 2015
PLAT.ONE INC. specializes in developing enterprise-grade software and industrial solutions that harness the Internet of Things (IoT) to enhance operational efficiency for businesses and organizations. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of applications tailored to various sectors. These include PRODUCT.ONE for managing connected products, VEND.ONE for vending machine operations, DATA.ONE for environmental management through sensor integration, CITY.ONE for centralized city services monitoring, and METER.ONE for controlling utility meters. Additionally, TRANSPORT.ONE streamlines transportation and shipping management, HEALTH.ONE supports innovations in healthcare, mPERS.ONE focuses on personal emergency response services, and VISION.ONE delivers high-performance video analytics. PLAT.ONE is recognized as a leading platform for connected applications, particularly among major telecommunications and industrial equipment companies, thanks to its scalable architecture and integrated development capabilities. As of September 2016, it operates as a subsidiary of SAP SE.
Eigen Innovation
Seed Round in 2015
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
Alleantia
Angel Round in 2013
INDUSTRY 4.0 IS CHANGING EVERY ASPECT OF HOW INDUSTRY OPERATES. Every process and activity can be optimized, networked, and made smarter by exploiting machines’ embedded intelligence to manage their operations, production processes, integrate information across enterprise own processes and within the extended supply chain. Alleantia provides the most scalable and cost-effective Industrial IoT solution in the market for data collection, information standardization and distribution from wire to cloud, to implement pervasive machines data access and comprehensive information sharing within the enterprise and across its extended supply chain. Alleantia software connects in few seconds any device — from complex machinery to simpler sensors — to create a complete and interoperable digital twin for each new or legacy industrial equipment, supporting a vast majority of industrial protocols and communication interfaces with a innovative, agile codeless 'driver' model Instantly feed selected data into multiple enterprise IT applications and clouds through certified ‘IIoT Apps’, with full control from end user. Alleantia software provides multiple ways to use machine data, from Digital Twin IIoT Apps that instantly feed machine information to IT development platforms, or publish machine data using specific communication protocols, to Alleantia IIoT Apps using machine data within embedded applications or public application platforms, to Application Ecosystem IIoT Apps with many Industry 4.0 applications “connected by Alleantia”. Dozens of Application partners, hundreds of systems and machines connected, large customers and machines manufacturers adopting our technology makes Alleantia software the reference solution for implementing an open, scalable and future-prood Industrial IoT architecture, supported by bespoken hardware vendors such as Dell, Advantech and Cisco.
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