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 Internet of Things

Xage Security

Series B in 2022
Xage Security, Inc. is a technology company that specializes in providing a blockchain-protected security platform specifically designed for industrial Internet of Things (IoT) applications. Founded in 2016 and based in Palo Alto, California, the company offers a range of products including the Xage Gateway, which connects to various IIoT edge devices, and the Xage Broker, which synchronizes credentials and policies between edge devices and central systems. Additional offerings include the Xage Client Agent for direct participation in the blockchain, the Xage Security Cloud for management and monitoring, and various management tools. Xage Security focuses on solutions such as tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Its services cater to multiple industries, including energy, transportation, utilities, manufacturing, healthcare, and logistics, aiming to enhance data security and access control while mitigating advanced threats and ensuring a zero-trust security model.

Edge Impulse

Series B in 2021
Edge Impulse is a platform designed to facilitate the development of intelligent devices through embedded machine learning, specifically TinyML. It streamlines the process of building, deploying, and scaling embedded machine learning applications, enabling developers to create innovative solutions more efficiently. The platform allows for the easy collection of real sensor data and supports live signal processing, transforming raw data into neural networks. Additionally, it provides tools for testing and deploying applications across various target devices, ultimately aiming to drive positive societal change through the effective use of machine learning technology.

Edge Impulse

Series A in 2021
Edge Impulse is a platform designed to facilitate the development of intelligent devices through embedded machine learning, specifically TinyML. It streamlines the process of building, deploying, and scaling embedded machine learning applications, enabling developers to create innovative solutions more efficiently. The platform allows for the easy collection of real sensor data and supports live signal processing, transforming raw data into neural networks. Additionally, it provides tools for testing and deploying applications across various target devices, ultimately aiming to drive positive societal change through the effective use of machine learning technology.

WasteHero

Seed Round in 2020
WasteHero ApS manufactures waste bin sensors. It also provides an IoT enabled waste management platform, a navigation system, and an installation application. The company was incorporated in 2017 and is based in Aarhus, Denmark with an additional sales office in Frederiksberg, Denmark.

Edge Impulse

Seed Round in 2020
Edge Impulse is a platform designed to facilitate the development of intelligent devices through embedded machine learning, specifically TinyML. It streamlines the process of building, deploying, and scaling embedded machine learning applications, enabling developers to create innovative solutions more efficiently. The platform allows for the easy collection of real sensor data and supports live signal processing, transforming raw data into neural networks. Additionally, it provides tools for testing and deploying applications across various target devices, ultimately aiming to drive positive societal change through the effective use of machine learning technology.

AKUA

Series A in 2020
AKUA LLC, established in 2016 and based in Baltimore, Maryland, specializes in environmental monitoring and tracking solutions for intermodal cargo containers. The company offers a subscription-based data service that combines Internet of Things (IoT) technology with big data analytics to provide real-time visibility of goods in transit. Its platform includes secure gateway devices and remote sensors that monitor environmental conditions, ensuring the integrity of shipments. AKUA’s solutions are designed to enhance operational efficiency, minimize losses from theft or damage, and allow for the integration of existing IoT sensors. As a subsidiary of Cyber Point International, LLC, AKUA serves cargo owners both in the United States and internationally, delivering actionable insights and seamless cloud-based tracking capabilities without requiring additional equipment investment.

ParkourSC

Series B in 2019
Cloudleaf, Inc. is a technology company based in Milpitas, California, specializing in location-aware sensory platforms for industries such as automotive, aerospace, pharmaceuticals, life sciences, and industrial manufacturing. Founded in 2014, the company offers CloudOS, a cloud-based platform that provides centralized visibility and management of sensory and connector devices. Its product line includes the Cloudleaf Sensor, which collects location and asset-level information using Bluetooth Smart technology, the Cloudleaf Zone Sensor for managing entry and exit events in critical workflow areas, and the Cloudleaf Gateway that facilitates communication between sensors and the cloud. Additionally, Cloudleaf provides solutions for supply chain visibility, work-in-progress monitoring, condition monitoring, and preventative maintenance. The company's platform creates a digital twin of the supply chain, processing billions of events per second to deliver real-time insights on location, condition, utilization, and anomaly detection.

Thingstream

Series A in 2019
Thingstream is a provider of IoT Communication-as-a-Service, specializing in IoT connectivity solutions that utilize MQTT over the globally available GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, Thingstream offers a comprehensive platform designed to facilitate secure, low-power, and cost-effective communication for Internet of Things applications. The company's services include connectivity management, remote condition monitoring, logistics and supply chain solutions, and asset tracking. Operating in over 190 countries, Thingstream aims to simplify the process of transferring data from devices to the cloud, thereby reducing operational costs and enhancing scalability for organizations looking to leverage IoT technology. As a subsidiary of u-blox Holding AG since April 2020, Thingstream continues to strengthen its position in the global IoT market.

Fleet Space Technologies

Series A in 2019
Fleet Space Technologies Pty Ltd is an Australian company that designs, builds, and launches a network of small satellites to provide global satellite connectivity for the Internet of Things (IoT). Founded in 2015 and based in Beverley, the company focuses on delivering low-cost, secure, and efficient connectivity solutions for various sectors, including mining, oil and gas, precision agriculture, and transportation. By utilizing a fleet of tiny satellites, Fleet Space enables machine-to-machine data exchange and the deployment of IoT sensor networks at scale. The platform facilitates simple device setup and management through a web interface, enhancing resource efficiency and supporting the growth of IoT applications worldwide.

NanoThings

Seed Round in 2019
NanoThings, Inc. manufactures nano electronics Internet of things. The company's products include printed circuitry and sensor tags. In addition, the company also offers a cloud based platform. NanoThings, Inc. was incorporated in 2016 and is based in New York, New York.

Kolmostar

Series A in 2019
Kolmostar Inc. is a positioning technology company based in Fremont, California, that specializes in enhancing global navigational satellite systems (GNSS) for Internet of Things (IoT) devices and autonomous vehicles. Founded in 2016, Kolmostar focuses on achieving ultra-low-power and high-precision positioning in challenging metropolitan environments. The company integrates advanced silicon technology, high-dimensional statistical signal processing, and high-performance cloud computing to minimize positioning errors and reduce power consumption in GNSS sensors. By leveraging big data infrastructure and machine learning, Kolmostar provides centimeter-level accuracy in location services, enabling both humans and intelligent machines to navigate their surroundings more effectively.

Thingstream

Seed Round in 2018
Thingstream is a provider of IoT Communication-as-a-Service, specializing in IoT connectivity solutions that utilize MQTT over the globally available GSM network. Founded in 2018 and based in Bournemouth, United Kingdom, Thingstream offers a comprehensive platform designed to facilitate secure, low-power, and cost-effective communication for Internet of Things applications. The company's services include connectivity management, remote condition monitoring, logistics and supply chain solutions, and asset tracking. Operating in over 190 countries, Thingstream aims to simplify the process of transferring data from devices to the cloud, thereby reducing operational costs and enhancing scalability for organizations looking to leverage IoT technology. As a subsidiary of u-blox Holding AG since April 2020, Thingstream continues to strengthen its position in the global IoT market.

Xage Security

Series A in 2018
Xage Security, Inc. is a technology company that specializes in providing a blockchain-protected security platform specifically designed for industrial Internet of Things (IoT) applications. Founded in 2016 and based in Palo Alto, California, the company offers a range of products including the Xage Gateway, which connects to various IIoT edge devices, and the Xage Broker, which synchronizes credentials and policies between edge devices and central systems. Additional offerings include the Xage Client Agent for direct participation in the blockchain, the Xage Security Cloud for management and monitoring, and various management tools. Xage Security focuses on solutions such as tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Its services cater to multiple industries, including energy, transportation, utilities, manufacturing, healthcare, and logistics, aiming to enhance data security and access control while mitigating advanced threats and ensuring a zero-trust security model.

Expeto

Seed Round in 2017
Expeto Wireless Inc. is a technology company that provides a Platform-as-a-Service solution designed for enterprises to manage and control their LTE networks. Founded in 2017 and based in San Francisco, the company offers a private and secure deployment for mission-critical applications, facilitating the adoption of the Industrial Internet of Things (IoT). Expeto's platform allows enterprises to create LTE subnets, deploy hybrid private and public cloud solutions, and implement global networks with centralized command and control. By enabling organizations to manage their LTE core networks, Expeto empowers them to efficiently control cellular data and connected devices without relying on third-party services. The company's solutions have been adopted by global operators in the mining and energy sectors, as well as IoT providers and mobile virtual network operators.

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.

Sensewaves

Seed Round in 2016
Sensewaves S.A.S. is a company based in Paris, France, that specializes in Internet of Things (IoT) sensor analytics platforms focused on energy data. Established in 2015, Sensewaves offers Adaptix, a solution that analyzes data from consumer-level smart meters, enabling grid operators to gain comprehensive visibility into energy flows and distribution stresses. Additionally, the company provides Adaptix.GRID, a platform designed for the dynamic optimization of electricity grids. Sensewaves serves a diverse clientele, including energy generation, transmission, and distribution companies, utility firms, industrial enterprises, and building management organizations. The company aims to leverage real-time energy analytics and predictive analytics powered by artificial intelligence and adaptive machine learning to promote sustainable, safe, and carbon-free energy and industrial practices.

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.

Nwave

Seed Round in 2015
Nwave is leveraging its low power wide area wireless network, parking space sensor, analytics, and payment technologies to disrupt the transportation market by acquisition, analysis and real time provisioning of vehicle parking data. For ultimate accuracy our vehicle detection sensors use 3 different sensing technologies combined with advanced filtering and signal processing algorithms that differentiate parking events from interference or false events such as an underground train passing or DC current spikes. No wiring or street furniture is required, thousands of units communicate directly to a single gateway in up to 3 miles range. Having a battery life of 5 - 8 years sensors fit directly into each parking space, and integrate with all existing mobile and web frameworks.

Semseye

Seed Round in 2015
Semseye specializes in intelligent embedded systems tailored for the Internet of Things (IoT), offering an innovative "People Traffic Management" solution. This solution operates under a unique business model known as "Counting as a Service," providing mobile location analytics through Internet-connected devices installed at client locations. Semseye's services cater primarily to retailers and real estate owners, including shopping malls, airports, and transportation hubs, enabling them to track and analyze consumer behavior. The platform supports decision-making processes by delivering cloud-based analytics and contextual insights related to factors such as weather, marketing campaigns, and customer loyalty programs. Through its technology, Semseye helps businesses enhance customer experiences and optimize profitability.

Embedor Technologies

Seed Round in 2015
Embedor Technologies specializes in developing wireless sensor systems designed to monitor the structural health of civil infrastructure. Headquartered in Urbana, Illinois, the company offers a smart sensor platform and software framework that enables real-time assessment of structural conditions, addressing both extreme events and long-term deterioration. By integrating data processing and interpretation capabilities directly into edge devices, Embedor effectively mitigates the challenges associated with data overload often seen in many Internet of Things (IoT) applications. This innovative approach allows for efficient and reliable monitoring of infrastructure, ensuring safety and longevity.

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

Koubachi

Series A in 2014
Koubachi provides a range of solutions that allow our customers to care for their precious plants the way they deserve it. The first product is the Koubachi iPhone App, a fun-to-use plant care assistant for the considerate plant owner at home. Koubachi wants to revolutionize the way people interact with their plants. The vision is to embedded Koubachi technology in every houseplant. The mission is to identify the potential of Smart Plants and create new possibilities of use, new services, and a simpler yet more powerful user experience.

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.

ThingWorx

Series B in 2013
ThingWorx is a developer of a software application platform focused on connecting people, systems, and devices. The platform enables the creation and deployment of secure connected applications across various environments, including cloud, intranet, and embedded systems. By facilitating this connectivity, ThingWorx aims to drive significant operational innovation and enhance resource efficiency for businesses. The technology supports companies in achieving a more efficient and sustainable operational framework, positioning them to adapt to the demands of the connected world.

ThingMUSE

Acquisition in 2012
We are a global venture partnering group focused on early-stage Internet of Things companies. We advise and invest to develop world-class businesses and partnerships: ADVISE: We serve as Advisory Board Members to accelerate your company’s growth; opening doors, validating your goals, and improving how investors see your company’s potential INVEST: We can provide early-stage capital and introduce you to other Accredited Investors. Our focus is to bring intelligent money from people and companies in the M2M and IoT space ACCELERATE: We provide consulting and business development services to help you accelerate your promise, position, placement, partners, pipeline and ultimately profit
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