Momenta

Founded in 2012, Momenta is a leading venture capital firm based in Meggen, Switzerland. It focuses on investing in digital solutions within the energy, manufacturing, smart spaces, and supply chain sectors.

Roger Bottum

Strategy Partner

Michael Dolbec

Managing Partner

Douglas Harp

Managing Partner

Miroslav Kriz

Venture Partner

Ben Steven

Principal

Past deals in Internet of Things

Pulse Industrial

Venture Round in 2023
Pulse Industrial is a California-based company founded in 2017 that specializes in developing advanced monitoring solutions for industrial plants. The company focuses on creating sensors and devices that provide a comprehensive view of common valves and steam traps, which are critical components of steam generation processes. Pulse Industrial's flagship product, QALM, utilizes artificial intelligence to detect and monitor steam leaks by analyzing vibration and acoustic behavior. This innovative technology enables real-time alerts to maintenance personnel, facilitating timely interventions and enhancing operational safety. By leveraging low power wide area communication, Pulse Industrial's solutions aim to optimize energy efficiency and reduce fuel consumption across various industrial applications.

Axiom Cloud

Series A in 2023
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.

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.

Xage Security

Series B in 2022
Xage Security designs and develops blockchain-protected security platforms for industrial IoT (Internet of Things). Its products include Xage Gateway, Xage Broker, optional Xage Client Agent, and Xage Security Cloud. The company offers solutions such as systemic tamper proofing, edge authentication, role-based access control, and device lifecycle management, serving industries like energy, transportation, utilities, manufacturing, building management, agriculture, logistics, e-commerce, and healthcare.

Edge Impulse

Series B in 2021
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.

Axiom Cloud

Series A in 2021
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.

Axino

Venture Round in 2021
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.

Edge Impulse

Series A in 2021
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.

Pulse Industrial

Seed Round in 2021
Pulse Industrial is a California-based company founded in 2017 that specializes in developing advanced monitoring solutions for industrial plants. The company focuses on creating sensors and devices that provide a comprehensive view of common valves and steam traps, which are critical components of steam generation processes. Pulse Industrial's flagship product, QALM, utilizes artificial intelligence to detect and monitor steam leaks by analyzing vibration and acoustic behavior. This innovative technology enables real-time alerts to maintenance personnel, facilitating timely interventions and enhancing operational safety. By leveraging low power wide area communication, Pulse Industrial's solutions aim to optimize energy efficiency and reduce fuel consumption across various industrial applications.

Axino

Seed Round in 2021
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.

Axino

Series A in 2021
Axino specializes in IoT-based temperature monitoring solutions for retailers, combining sensor technology with AI algorithms. This enables remote detection of refrigerated product temperatures, enhancing food safety, reducing waste, and optimizing energy consumption.

BixData

Seed Round in 2020
BixData is a technology company that specializes in system, application, and network monitoring tools designed to provide comprehensive oversight of server operations. Its solutions are tailored for next-generation IT management, enabling users to monitor various aspects of their IT infrastructure efficiently. In addition to BixData, the company is associated with Nubix, an edge-native application platform that facilitates the development, deployment, and management of Internet of Things (IoT) and edge applications. Nubix is particularly notable for its ability to operate on minimal computing devices, allowing developers to process data directly at the source where it is generated. Founded in 2017 and based in Colorado, BixData is focused on advancing capabilities in IT and edge computing.

WasteHero

Seed Round in 2020
Founded in Denmark in 2017, WasteHero specializes in waste management solutions. It manufactures waste bin sensors and offers an IoT-enabled platform for efficient waste collection. The company's innovative software streamlines daily tasks, reduces operational time, and promotes sustainability.

Edge Impulse

Seed Round in 2020
Edge Impulse is a software platform focused on simplifying the development of machine learning models optimized for edge devices, where data is collected. The platform streamlines the entire process, encompassing data acquisition, signal processing, machine learning training, model testing, and deployment. It enables developers to create intelligent applications by facilitating the collection of real sensor data and processing it from raw inputs to neural networks. Edge Impulse's technology supports a wide range of devices, allowing for efficient operation on various hardware from microcontrollers to GPUs. By enhancing the accessibility and efficiency of embedded machine learning applications, Edge Impulse aims to promote positive societal change through advanced technology.

AKUA

Series A in 2020
AKUA LLC is a technology company based in Baltimore, Maryland, specializing in environmental monitoring and tracking solutions for intermodal cargo containers. Founded in 2016, AKUA offers a subscription-based IoT platform that enables cargo owners to achieve real-time visibility and actionable insights regarding their shipments. The company's services include secure gateway devices, remote sensors for monitoring environmental conditions, and cloud-based analytics, all designed to optimize transportation without requiring new equipment purchases. AKUA's solutions integrate advanced tracking technology with tamper-resistant security features, ensuring the integrity and safety of goods in transit. As a subsidiary of Cyber Point International, LLC, AKUA serves clients both in the United States and internationally.

Thingstream

Series A in 2019
Thingstream Ltd is a provider of IoT connectivity solutions based in Bournemouth, United Kingdom. Established in 2018, the company specializes in communication-as-a-service for Internet of Things applications, utilizing MQTT over GSM to deliver global connectivity. Its platform offers low power, low-cost, and ubiquitous IoT communication, enabling organizations to efficiently transmit data from devices to the cloud securely and at scale. Thingstream's services include connectivity management, remote condition monitoring and control, logistics and supply chain solutions, and asset tracking. As a subsidiary of u-blox Holding AG since 2020, Thingstream aims to simplify IoT communication and reduce operational overheads, helping businesses capitalize on opportunities within the global IoT market.

Continual

Series B in 2019
Founded in 2013, Continual specializes in enhancing mobile network experiences for operators and connected car manufacturers. It offers solutions like SONATA Suite for real-time network optimization based on subscriber usage patterns, and Virtual Network NPS for predicting network detractors without surveys.

NanoThings

Seed Round in 2019
NanoThings, Inc. is a New York-based company established in 2016 that specializes in manufacturing nano electronics for the Internet of Things (IoT). The company develops ultra-thin, battery-powered wireless temperature sensors designed to enhance traceability and reduce waste in supply chains. These sensors leverage proprietary NanoTag technology and long-range connectivity to provide real-time insights and robust analytics. NanoThings also offers a cloud-based platform that facilitates efficient monitoring and management of temperature-sensitive deliveries at various stages of the cold chain. Through its innovative solutions, NanoThings aims to enhance visibility and improve the overall efficiency of asset tracking for companies and consumers alike.

151 Advisors

Acquisition in 2019
151 Advisors, LLC is a management consulting firm headquartered in New York, with additional offices in London, Raleigh, and Philadelphia. Founded in 2007, the company specializes in providing strategic planning and advisory services primarily to technology companies, including startups and large corporations. Its offerings encompass a range of areas such as Internet of Things (IoT) strategy, business and financial planning, product and revenue strategies, market entry development, and go-to-market strategies. Additionally, 151 Advisors assists clients in establishing distribution and sales channels, forming strategic industry partnerships, and navigating corporate development, including mergers and acquisitions. The firm combines advisory and execution services to help clients effectively position themselves in the market and accelerate business growth. As of April 2019, 151 Advisors operates as a subsidiary of Momenta Partners AG.

Kolmostar

Series A in 2019
Kolmostar Inc. is a California-based positioning technology company that specializes in redefining global navigational satellite systems (GNSS) for ultra-low-power and high-precision positioning. Founded in 2016 and headquartered in Fremont, the company focuses on enhancing positioning capabilities in challenging metropolitan environments, catering primarily to Internet of Things devices and autonomous vehicles. Kolmostar's innovative solutions integrate advanced silicon technology, high-dimensional statistical signal processing, and robust cloud computing, which work together to minimize positioning errors and reduce power consumption in GNSS sensors. This enables users, including both humans and intelligent machines, to access centimeter-level accurate positioning services, thereby improving location precision and the overall understanding of spatial movements.

Thingstream

Seed Round in 2018
Thingstream Ltd is a provider of IoT connectivity solutions based in Bournemouth, United Kingdom. Established in 2018, the company specializes in communication-as-a-service for Internet of Things applications, utilizing MQTT over GSM to deliver global connectivity. Its platform offers low power, low-cost, and ubiquitous IoT communication, enabling organizations to efficiently transmit data from devices to the cloud securely and at scale. Thingstream's services include connectivity management, remote condition monitoring and control, logistics and supply chain solutions, and asset tracking. As a subsidiary of u-blox Holding AG since 2020, Thingstream aims to simplify IoT communication and reduce operational overheads, helping businesses capitalize on opportunities within the global IoT market.

Xage Security

Series A in 2018
Xage Security designs and develops blockchain-protected security platforms for industrial IoT (Internet of Things). Its products include Xage Gateway, Xage Broker, optional Xage Client Agent, and Xage Security Cloud. The company offers solutions such as systemic tamper proofing, edge authentication, role-based access control, and device lifecycle management, serving industries like energy, transportation, utilities, manufacturing, building management, agriculture, logistics, e-commerce, and healthcare.

CrateDB

Series A in 2018
CrateDB is an open-source, multi-model distributed database that combines SQL simplicity with NoSQL scalability. It enables real-time analytics of complex, high-volume data, including IoT and machine data.

Senseye

Series A in 2017
Senseye Ltd., established in 2014 and based in Southampton, UK, specializes in providing a cloud-based, infrastructure-free predictive maintenance solution to the manufacturing industry. Its flagship product, PROGNOSYS, uses intelligent machine-learning algorithms to automatically forecast machine failures and provide remaining useful life, helping manufacturers avoid downtime and reduce maintenance costs. Senseye's solution is compatible with any machine from any manufacturer, utilizing data from existing Industrial IoT sensors and platforms.

Expeto

Seed Round in 2017
Expeto delivers a private mobile networking platform designed for enterprises to securely extend public and private mobile networks into a single corporate wide area network. The solution is containerized software that can be installed behind the firewall and delivered as a service from cloud, edge, or on premises, enabling IT to deploy and manage the network with simplicity. It replaces hardware heavy legacy systems by providing a scalable, software driven approach that sits behind the firewall while maintaining control over data and devices. The platform enables secure control and coordination across operations, logistics, analytics, and reporting, supporting global deployment of connected devices within the private network. By design, it reduces reliance on untrusted third parties and methods, allowing organizations to manage connectivity and devices through a unified, secure, and centrally governed environment. Expeto emphasizes ease of deployment and management similar to a Wi-Fi network, but at carrier scale for enterprise needs.

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, Canada, and Chiyoda, Japan, Litmus offers software solutions such as Litmus Edge, which collects, normalizes, and analyzes real-time data at the source. This enables operators to gain critical visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, the company provides Litmus Edge Manager, a centralized platform for managing devices, data, and applications, facilitating secure mass deployment, over-the-air updates, and automated actions. Litmus Automation focuses on transforming edge data into actionable intelligence, empowering organizations to leverage IoT for enhanced operational efficiency and business value.

Sensewaves

Seed Round in 2016
Sensewaves offers an artificial intelligence-powered analytics platform designed to analyze and optimize electricity and energy usage. The platform processes high-frequency time-series data with edge and cloud-based analytics to enable real-time monitoring and predictive maintenance, and it integrates with existing industrial systems. It serves utilities, industrial IoT applications, and smart buildings, helping energy and industrial clients improve operational efficiency, reduce downtime, and make data-driven decisions.

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, Canada, and Chiyoda, Japan, Litmus offers software solutions such as Litmus Edge, which collects, normalizes, and analyzes real-time data at the source. This enables operators to gain critical visibility into potential downtime and business risks by connecting various devices, machines, controllers, and sensors. Additionally, the company provides Litmus Edge Manager, a centralized platform for managing devices, data, and applications, facilitating secure mass deployment, over-the-air updates, and automated actions. Litmus Automation focuses on transforming edge data into actionable intelligence, empowering organizations to leverage IoT for enhanced operational efficiency and business value.

Nwave Technologies

Seed Round in 2015
Nwave Technologies develops low‑power wireless hardware and software for Internet of Things applications, with a primary focus on parking space sensors. The company’s sensors use multiple sensing methods and advanced filtering to accurately detect vehicle presence while rejecting false signals such as underground train activity or electrical noise. They operate without wiring, have a battery life of 5 to 8 years, and communicate directly to a single gateway within a three‑mile range. The platform aggregates real‑time data and provides analytics and payment integration for parking asset owners, enabling efficient space management. In addition to parking, Nwave’s technology supports traffic management, metering, agriculture, oil and gas, and other asset‑management sectors.

Senseye

Seed Round in 2015
Senseye Ltd., established in 2014 and based in Southampton, UK, specializes in providing a cloud-based, infrastructure-free predictive maintenance solution to the manufacturing industry. Its flagship product, PROGNOSYS, uses intelligent machine-learning algorithms to automatically forecast machine failures and provide remaining useful life, helping manufacturers avoid downtime and reduce maintenance costs. Senseye's solution is compatible with any machine from any manufacturer, utilizing data from existing Industrial IoT sensors and platforms.

Embedor Technologies

Seed Round in 2015
Embedor Technologies specializes in developing wireless sensor systems for monitoring the structural health of civil infrastructure. Its smart sensor platform and software framework enable reliable, real-time assessment of structures' condition, catering to both extreme events and long-term deterioration.

Plat.One

Seed Round in 2015
Plat.One Inc. is a company that develops enterprise-grade software and industrial solutions aimed at helping businesses and organizations harness the power of the Internet of Things (IoT) to enhance their operations. Founded in 2015 and headquartered in Palo Alto, California, Plat.One offers a range of applications including PRODUCT.ONE for managing connected products, VEND.ONE for the vending machine industry, and DATA.ONE for environmental management through sensor integration. Other notable offerings include CITY.ONE for centralized city service management, METER.ONE for utility monitoring, TRANSPORT.ONE for transportation management, and HEALTH.ONE for healthcare innovations. The platform is designed with a distributed architecture, facilitating rapid deployment and management of connected applications while ensuring security and support for big data. Plat.One has positioned itself as a preferred solution for major telecoms and global industrial equipment companies, enabling the development of smart equipment, transportation, smart cities, and manufacturing solutions. As of September 2016, Plat.One operates as a subsidiary of SAP SE.

Harper Reid

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

Koubachi

Series A in 2014
Koubachi AG is a Swiss company specializing in interactive plant care solutions, founded in 2009 and headquartered in Zurich. The company offers a range of products designed to assist users in caring for their plants effectively. Its flagship products include Wi-Fi Plant Sensors that measure soil moisture, temperature, and light intensity, providing users with notifications and tailored care advice based on the specific needs of their plants. Koubachi also provides a mobile application for iPhone and a web application that allows users to manage their plant data and adjust sensor settings. The company's mission is to enhance the way individuals interact with their plants, aiming to embed its technology in every household. Koubachi AG operates as a subsidiary of Husqvarna AB.

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.

ThingMUSE

Acquisition in 2012
ThingMUSE is a global venture firm specializing in early-stage Internet of Things (IoT) companies. It provides advisory services, including strategic guidance and investor relations, to accelerate these companies' growth. Additionally, ThingMUSE invests in promising IoT startups and offers consulting and business development services to help them grow and succeed.
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