Momenta Partners

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.

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, Inc. specializes in providing a blockchain-protected security platform tailored for industrial IoT (Internet of Things). Their product offerings include the Xage Gateway, which connects to various IIoT edge devices for authentication and enforcement, and the Xage Broker, which manages credentials and data synchronization between edge and central systems. Additionally, the Xage Client Agent facilitates direct participation in the Xage Blockchain-secured ecosystem, while the Xage Security Cloud enables configuration and monitoring of the entire suite. The company emphasizes solutions such as tamper proofing, edge authentication, role-based access control, and device lifecycle management. Founded in 2016 and headquartered in Palo Alto, California, Xage Security serves a wide range of industries, including energy, transportation, utilities, manufacturing, and healthcare, focusing on zero trust access and protection to secure critical assets against advanced threats.

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, 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 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 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.

WasteHero ApS, established in 2017 and located in Aarhus, Denmark, specializes in waste management solutions. The company manufactures waste bin sensors and offers an IoT-enabled platform that streamlines waste collection operations for municipalities and waste collectors. By integrating advanced technology, WasteHero's cloud-based software digitalizes garbage collection processes, promoting operational efficiency and sustainability. The platform not only reduces unnecessary collection efforts, leading to cost savings and lower carbon emissions, but also engages citizens in waste management. With an additional sales office in Frederiksberg, WasteHero aims to enhance waste management practices through innovative solutions, supporting clients in optimizing their services and exploring new revenue opportunities.

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.

AKUA LLC specializes in providing environmental monitoring and tracking solutions for intermodal cargo containers. Founded in 2012 and based in Baltimore, Maryland, the company operates as a subsidiary of Cyber Point International, LLC. AKUA offers a subscription-based IoT platform that includes secure gateway devices, remote sensors, and cloud services, allowing cargo owners to monitor and optimize the transportation of goods in real time. Its solutions integrate existing IoT sensors and provide advanced tracking capabilities, characterized by tamper-resistant security and comprehensive in-transit analytics. This approach ensures that customers receive actionable business intelligence without the need for additional equipment, enhancing visibility and control over their shipments both domestically and internationally.

Thingstream Ltd is a provider of IoT communication-as-a-service, specializing in IoT connectivity solutions using MQTT over the GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, the company offers a platform that simplifies the process of transmitting data from devices to the cloud securely and efficiently. Its services include remote condition monitoring, logistics and supply chain management, and asset tracking. By leveraging low-power, low-cost technology, Thingstream enables organizations to enhance their IoT adoption and operational efficiency, thus capturing significant market share in the global IoT sector. As of April 2020, it operates as a subsidiary of u-blox Holding AG.

NanoThings, Inc. is a New York-based company that specializes in the development of nano electronics for the Internet of Things (IoT). Established in 2016, the company focuses on manufacturing printed circuitry and sensor tags, particularly its proprietary NanoTag sensors, which are designed to enhance temperature monitoring and delivery management. These ultra-thin, non-toxic, battery-powered sensors use minimal energy and provide real-time insights into asset tracking, contributing to reduced global waste and improved traceability throughout the cold chain. NanoThings also offers a cloud-based platform that enables users to access robust analytics and reports, facilitating simplified tracking of cellular-based assets at every stage of the delivery process.

151 Advisors, LLC is a management consulting firm based in New York, with additional offices in London, Raleigh, and Philadelphia. Founded in 2007, the firm specializes in providing strategic planning and advisory services to technology companies, including startups and large corporations. Its offerings encompass IoT strategy, business and financial planning, product and revenue strategies, and international market entry development. The firm also assists clients with go-to-market strategies, sales channel development, and strategic partnerships, as well as corporate development and mergers and acquisitions. By leveraging decades of experience in the tech ecosystem, 151 Advisors aims to help companies establish market positions and accelerate growth. As of 2019, the firm operates as a subsidiary of Momenta Partners AG.

Kolmostar Inc. is a positioning technology company based in Fremont, California, focused on transforming the approach to global navigational satellite system (GNSS) positioning. Founded in 2016, the company specializes in providing ultra-low-power and high-precision positioning solutions specifically designed for harsh metropolitan environments, catering to Internet of Things (IoT) devices and autonomous vehicles. Kolmostar's innovative technologies integrate advanced silicon, high-dimensional statistical signal processing, and robust cloud computing capabilities. This combination enhances the accuracy of GNSS sensors while minimizing power consumption, ultimately delivering centimeter-level positioning services. By leveraging big data infrastructure and machine learning, Kolmostar aims to improve location precision and accessibility for users, enabling both humans and intelligent machines to navigate their environments more effectively.

Thingstream Ltd is a provider of IoT communication-as-a-service, specializing in IoT connectivity solutions using MQTT over the GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, the company offers a platform that simplifies the process of transmitting data from devices to the cloud securely and efficiently. Its services include remote condition monitoring, logistics and supply chain management, and asset tracking. By leveraging low-power, low-cost technology, Thingstream enables organizations to enhance their IoT adoption and operational efficiency, thus capturing significant market share in the global IoT sector. As of April 2020, it operates as a subsidiary of u-blox Holding AG.

Xage Security, Inc. specializes in providing a blockchain-protected security platform tailored for industrial IoT (Internet of Things). Their product offerings include the Xage Gateway, which connects to various IIoT edge devices for authentication and enforcement, and the Xage Broker, which manages credentials and data synchronization between edge and central systems. Additionally, the Xage Client Agent facilitates direct participation in the Xage Blockchain-secured ecosystem, while the Xage Security Cloud enables configuration and monitoring of the entire suite. The company emphasizes solutions such as tamper proofing, edge authentication, role-based access control, and device lifecycle management. Founded in 2016 and headquartered in Palo Alto, California, Xage Security serves a wide range of industries, including energy, transportation, utilities, manufacturing, and healthcare, focusing on zero trust access and protection to secure critical assets against advanced threats.

CrateDB is a developer of an open-source, multi-model database designed to handle both structured and unstructured data, making it suitable for real-time analytics, particularly in the context of the Internet of Things and machine data. The database combines the simplicity of SQL with the scalability of NoSQL, allowing users to run queries in milliseconds, regardless of data complexity or volume. It offers flexible, distributed database services that facilitate data-intensive analytics and artificial intelligence applications. By providing a single data hub for various operational needs, CrateDB enables businesses to efficiently integrate and analyze large datasets, including those used in AI and machine learning frameworks.

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.

Sensewaves is a provider of an Internet-of-Things analytics platform that focuses on analyzing and optimizing electricity and energy usage. The platform leverages artificial intelligence and adaptive machine learning algorithms to deliver real-time energy analytics and predictive insights for utilities, industrial IoT applications, and smart buildings. By transforming raw sensor data into actionable information, Sensewaves enables businesses to gain significant insights into their connected assets. The company's mission is to foster a sustainable and carbon-free future for energy and industry through innovative AI solutions.

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.

Nwave Technologies Ltd. specializes in developing and manufacturing wireless Internet of Things (IoT) hardware and software solutions. The company offers a range of products, including wireless network technologies, sensors, and devices that capture real-time data for various applications. Its hardware portfolio features radio modules, universal modems, and a parking sensor that integrates with existing mobile and web frameworks. Nwave's solutions enhance parking management by utilizing advanced sensing technologies to accurately detect parking events while minimizing false readings. The company's offerings extend to traffic management, agriculture, security, and asset management across multiple industries, including government, healthcare, and logistics. Founded in 2012 and headquartered in London, Nwave also operates offices in Dallas and Eastern Europe.

Embedor Technologies specializes in developing wireless sensor systems that monitor the structural health of civil infrastructure. Headquartered in Urbana, Illinois, the company offers a smart sensor platform and software framework that operates at multiple scales, enabling reliable, real-time assessments of structural conditions during extreme events and over long periods of deterioration. By integrating data processing and interpretation directly into edge devices, Embedor effectively addresses the common challenges associated with data overload in Internet of Things applications. This innovative approach allows clients to enhance safety, estimate the remaining service life of structures, and reduce maintenance costs.

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

Koubachi AG, founded in 2009 and headquartered in Zurich, Switzerland, specializes in interactive plant care solutions. The company offers Wi-Fi Plant Sensors that monitor soil moisture, temperature, and light intensity, providing users with notifications and tailored care advice for their plants. Koubachi's product lineup includes a mobile application for iPhone, which serves as a plant care assistant, and a web application that enables users to access and manage sensor data. The sensors not only assess environmental conditions but also determine plant vitality, helping users optimize care routines. As of July 2015, Koubachi AG is a subsidiary of Husqvarna AB, continuing its mission to enhance the way individuals interact with and care for their houseplants.

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.

ThingWorx is a developer of a software application platform that facilitates the connection of people, systems, and devices in the modern digital landscape. The company specializes in creating and deploying secure connected applications across various environments, including cloud, intranet, and embedded platforms. By leveraging its technology, ThingWorx aims to drive significant operational innovation and enhance resource efficiency for businesses. Its solutions are designed to enable organizations to implement transformative changes that contribute to a more efficient and sustainable world.

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 and connects these startups with other accredited investors. The firm also offers consulting and business development services to help these companies grow and succeed in the IoT market.