Tractian offers asset management and monitoring solutions. It provides tools for data collection and analysis to track asset performance and condition, integrating with sensors and devices for predictive maintenance. The company serves industries such as manufacturing, logistics, and energy.
Tractian offers asset management and monitoring solutions. It provides tools for data collection and analysis to track asset performance and condition, integrating with sensors and devices for predictive maintenance. The company serves industries such as manufacturing, logistics, and energy.
Pando offers AI agents for logistics, enabling manufacturers, distributors, and retailers to automate their logistics operations to build agility, control freight spend, and reduce carbon footprint. Trusted by Fortune 500 enterprises with global customers across North America, Europe, and Asia Pacific regions, Pando is pioneering the future of autonomous logistics with cutting-edge AI capabilities.
In today's complex supply chain landscape, logistics leaders are caught between rising costs, service demands, and operational complexities. Logistics teams are weighed down by hundreds of manual & cumbersome tactical decisions with very little time to focus on strategic priorities. They are always under pressure to 'do more with less' with the inability to drive operational agility given the unpredictability and disruptions across the global supply chain landscape.
Pando's AI agents enable manufacturers, distributors, and retailers to replace manual, error-prone logistics tasks with intelligent automation to unlock unprecedented efficiency and cost savings by replacing the need for hiring additional staff or deploying more software. Pando redefines both logistics and talent strategies, accelerating the shift toward a world where Human Ingenuity and Artificial Intelligence work together to drive complex business processes. Pando’s AI agents act as extended team members, enabling logistics teams to delegate important yet repetitive decisions to these agents, who execute them with unmatched accuracy. Pando supercharges global logistics teams with its cutting-edge AI capabilities, enabling them to focus on strategic priorities and create a competitive edge.
Pando is recognized by Gartner for its transportation management capabilities, by the World Economic Forum (WEF) as a Technology Pioneer, by G2 as a Market Leader in Freight Management, and named one of the fastest-growing technology companies by Deloitte.
For more information, visit www.pando.ai.
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.
Tractian offers asset management and monitoring solutions. It provides tools for data collection and analysis to track asset performance and condition, integrating with sensors and devices for predictive maintenance. The company serves industries such as manufacturing, logistics, and energy.
Wandelbots
Series C in 2022
Wandelbots GmbH, headquartered in Dresden, Germany, specializes in robotic software that simplifies the programming of industrial robots. The company offers a no-code solution called Wandelbots Teaching, which allows users to teach robots through demonstration-based technology using sensor-attached wearables. This innovative approach enables individuals without programming expertise to train robots efficiently, significantly reducing the time and cost associated with automation processes. Wandelbots' technology supports various robot brands, including Universal Robots and Yaskawa, and is utilized by prominent companies such as VW, Bayer, and Fraunhofer. Since its establishment in 2017, Wandelbots has rapidly grown to over 170 employees, securing substantial funding and awards for its contributions to the robotics field. The company continues to expand its market presence and establish partnerships with system integrators across Germany, Europe, and the USA.
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.
Wandelbots
Series B in 2020
Wandelbots GmbH, headquartered in Dresden, Germany, specializes in robotic software that simplifies the programming of industrial robots. The company offers a no-code solution called Wandelbots Teaching, which allows users to teach robots through demonstration-based technology using sensor-attached wearables. This innovative approach enables individuals without programming expertise to train robots efficiently, significantly reducing the time and cost associated with automation processes. Wandelbots' technology supports various robot brands, including Universal Robots and Yaskawa, and is utilized by prominent companies such as VW, Bayer, and Fraunhofer. Since its establishment in 2017, Wandelbots has rapidly grown to over 170 employees, securing substantial funding and awards for its contributions to the robotics field. The company continues to expand its market presence and establish partnerships with system integrators across Germany, Europe, and the USA.
scoutbee GmbH is a digital B2B platform based in Hausen bei Würzburg, Germany, that facilitates global supplier searches. Founded in 2015 by experts in procurement, operations, and engineering, it enables purchasers to connect with new suppliers and allows suppliers to submit proposals and identify buying leads. The platform is designed to streamline the procurement process by leveraging artificial intelligence and a comprehensive database, tracking millions of data points to provide valuable insights for strategic sourcing. Serving a diverse clientele from small and medium enterprises to large original equipment manufacturers across various industries—including automotive, drive technology, and plastics—scoutbee has established a significant presence in both Europe and the United States. The company has received recognition for its innovative approach, being named one of Gartner's "Cool Vendors" in Sourcing and Procurement in 2020 and earning accolades for its technology at the World Procurement Awards in 2019.
Pando offers AI agents for logistics, enabling manufacturers, distributors, and retailers to automate their logistics operations to build agility, control freight spend, and reduce carbon footprint. Trusted by Fortune 500 enterprises with global customers across North America, Europe, and Asia Pacific regions, Pando is pioneering the future of autonomous logistics with cutting-edge AI capabilities.
In today's complex supply chain landscape, logistics leaders are caught between rising costs, service demands, and operational complexities. Logistics teams are weighed down by hundreds of manual & cumbersome tactical decisions with very little time to focus on strategic priorities. They are always under pressure to 'do more with less' with the inability to drive operational agility given the unpredictability and disruptions across the global supply chain landscape.
Pando's AI agents enable manufacturers, distributors, and retailers to replace manual, error-prone logistics tasks with intelligent automation to unlock unprecedented efficiency and cost savings by replacing the need for hiring additional staff or deploying more software. Pando redefines both logistics and talent strategies, accelerating the shift toward a world where Human Ingenuity and Artificial Intelligence work together to drive complex business processes. Pando’s AI agents act as extended team members, enabling logistics teams to delegate important yet repetitive decisions to these agents, who execute them with unmatched accuracy. Pando supercharges global logistics teams with its cutting-edge AI capabilities, enabling them to focus on strategic priorities and create a competitive edge.
Pando is recognized by Gartner for its transportation management capabilities, by the World Economic Forum (WEF) as a Technology Pioneer, by G2 as a Market Leader in Freight Management, and named one of the fastest-growing technology companies by Deloitte.
For more information, visit www.pando.ai.
Gecko Robotics
Series B in 2019
Founded in 2013, Gecko Robotics specializes in industrial inspection services using robotics and AI-powered data platforms. Serving power, oil & gas, pulp & paper industries, they provide real-time insights for efficient operations and infrastructure maintenance.
Citrine Informatics
Series B in 2019
Citrine Informatics, Inc. is a software company based in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, founded in 2013. It specializes in materials informatics by developing an artificial intelligence platform that aggregates extensive data on materials, chemicals, and devices. This platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in producing physical products. By streamlining the materials development process, Citrine Informatics aims to facilitate the discovery of new materials and reduce defects early in the research phase, thus improving product growth and design. The company's focus spans various sectors, including energy, aerospace, and electronics.
Built Robotics
Series B in 2019
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.
Markforged
Series D in 2019
Founded in 2013, Markforged specializes in the design, development, and manufacturing of advanced 3D printers. Its product portfolio includes metal, carbon fiber, nylon, and PLA filament printers, capable of producing functional parts, tooling, and fixtures for various industries such as aerospace, automotive, and medical. The company's offerings also include EIGER, a proprietary 3D printing software.
Veo Robotics
Series A in 2019
Founded in 2016, Veo Robotics specializes in developing advanced robotics systems for manufacturing. Its flagship product enables industrial robots to collaborate safely with humans, enhancing flexibility, productivity, and efficiency in workcells.
Braincube
Venture Round in 2018
Braincube offers an AI-driven industrial IoT platform designed for manufacturers. It collects and structures data from various sources into a secure database, enabling predictive algorithm optimization. This helps production teams manage equipment control settings effectively to maximize productivity.
Falkonry develops industrial artificial intelligence software, enabling Fortune 2000 companies to improve operational efficiency. Its platform analyzes time series data to predict critical events, enhance maintenance, and optimize energy usage.
Seurat Technologies
Series A in 2018
Seurat Technologies, Inc., incorporated in 2015 and headquartered in Mountain View, California, specializes in advanced 3D printing services aimed at revolutionizing industrial manufacturing. The company focuses on high-volume, decarbonized production of metal parts, utilizing its innovative Area Printing technology, which allows for the decoupling of resolution and speed. This scalable process positions Seurat to compete effectively with traditional manufacturing methods. The company's technology, originally developed at Lawrence Livermore National Laboratory, is supported by a robust portfolio of over 130 granted and pending patents. Seurat provides metal parts for original equipment manufacturers (OEMs) through long-term contracts, employing techniques such as direct metal writing and selective laser melting to ensure cost-effective production at scale.
Markforged
Series C in 2017
Founded in 2013, Markforged specializes in the design, development, and manufacturing of advanced 3D printers. Its product portfolio includes metal, carbon fiber, nylon, and PLA filament printers, capable of producing functional parts, tooling, and fixtures for various industries such as aerospace, automotive, and medical. The company's offerings also include EIGER, a proprietary 3D printing software.
Veo Robotics
Series A in 2017
Founded in 2016, Veo Robotics specializes in developing advanced robotics systems for manufacturing. Its flagship product enables industrial robots to collaborate safely with humans, enhancing flexibility, productivity, and efficiency in workcells.
Identify3D
Seed Round in 2017
Founded in 2014, Identify3D specializes in providing intellectual property protection, quality assurance, and data security solutions for digital manufacturing. Its platform enables secure distribution of encrypted designs coupled with enforceable business rules, ensuring product integrity throughout the supply chain. Serving industries such as aerospace, automotive, defense, and medical, Identify3D operates globally with offices in San Francisco, Lexington, and Germany.
Frustum, Inc. is a software company headquartered in Boulder, Colorado, specializing in design and topology optimization tools for designers and engineers. Founded in 2013, the company focuses on advancing additive manufacturing through its innovative software platform, Generate. This platform integrates design and topology optimization, enabling users to create, test, and refine manufactured parts and structures efficiently. Frustum's TrueSOLID tool further enhances 3D manufacturing capabilities by helping designers optimize material layouts based on specific scenarios. By streamlining the design process and eliminating manual editing, Frustum aims to empower businesses to deliver high-quality products that meet and exceed customer expectations. The company operates as a subsidiary of PTC Inc.
Sternico
Venture Round in 2016
Sternico is a company with over 15 years of experience in providing innovative software solutions focused on business processes and industrial automation. The firm specializes in developing cloud-based software that aids in the digitization and automation of industrial operations. Sternico's offerings include a range of services such as analysis, consulting, software development, system integration, and software assurance. By leveraging the expertise of its employees, the company delivers both standard products and customized services aimed at enhancing the quality of clients' operations, optimizing their processes, and fostering collaborative partnerships.
Veo Robotics
Pre Seed Round in 2016
Founded in 2016, Veo Robotics specializes in developing advanced robotics systems for manufacturing. Its flagship product enables industrial robots to collaborate safely with humans, enhancing flexibility, productivity, and efficiency in workcells.
Sternico is a company with over 15 years of experience in providing innovative software solutions focused on business processes and industrial automation. The firm specializes in developing cloud-based software that aids in the digitization and automation of industrial operations. Sternico's offerings include a range of services such as analysis, consulting, software development, system integration, and software assurance. By leveraging the expertise of its employees, the company delivers both standard products and customized services aimed at enhancing the quality of clients' operations, optimizing their processes, and fostering collaborative partnerships.
Augmate
Seed Round in 2014
Augmate Corporation is an enterprise-focused company that specializes in developing a platform for industrial smart eyewear applications tailored for deskless workers. Founded in 2013 and based in New York, the company offers an IoT and wearable device management platform that enables organizations to create and deploy cloud-based applications for smart eyewear across various industries, including agriculture, automotive, aviation, construction, manufacturing, medical, and pharmaceuticals. Through its InnoVision program, Augmate allows businesses to evaluate and pilot wearable technology in workplace settings, while its secure, blockchain-based platform manages the integration and connectivity of multiple wearable devices. The platform also optimizes information distribution, ensuring a safe and productive work environment, and supports partnerships with leading hardware manufacturers such as Google Glass and Vuzix.
Augmate
Convertible Note in 2014
Augmate Corporation is an enterprise-focused company that specializes in developing a platform for industrial smart eyewear applications tailored for deskless workers. Founded in 2013 and based in New York, the company offers an IoT and wearable device management platform that enables organizations to create and deploy cloud-based applications for smart eyewear across various industries, including agriculture, automotive, aviation, construction, manufacturing, medical, and pharmaceuticals. Through its InnoVision program, Augmate allows businesses to evaluate and pilot wearable technology in workplace settings, while its secure, blockchain-based platform manages the integration and connectivity of multiple wearable devices. The platform also optimizes information distribution, ensuring a safe and productive work environment, and supports partnerships with leading hardware manufacturers such as Google Glass and Vuzix.
NanoSteel
Venture Round in 2011
NanoSteel is an advanced materials company focused on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. It specializes in proprietary alloys intended for automotive lightweight applications, developing multiple generations of ferrous materials innovations, including metallic coatings and additive manufacturing powders. With over 300 patents filed and granted globally, NanoSteel's nanostructured steel designs deliver next-generation performance across various industrial sectors, including oil and gas, mining, cement, concrete, and power. Its advanced high strength steel (AHSS) sheet material is particularly significant, as it aims to transform steel usage in the automotive industry by enabling manufacturers to produce new, lightweight vehicles that comply with stringent fuel economy regulations while avoiding costly production processes.
Reactive NanoTechnologies
Series D in 2008
Reactive NanoTechnologies is a company based in Hunt Valley, Maryland, founded in 2001. It specializes in the development and manufacturing of products designed to control the instantaneous release of heat energy for advanced joining applications. The company's offerings are utilized in various sectors, including concentrated photovoltaic (CPV) systems, high-brightness light-emitting diode (HB LED) attachment, power electronics, thermal management, and component mounting. Additionally, Reactive NanoTechnologies provides processes for bonding components and bonding sputter targets, contributing to innovations in electronics assembly applications.
Reactive NanoTechnologies
Series C in 2008
Reactive NanoTechnologies is a company based in Hunt Valley, Maryland, founded in 2001. It specializes in the development and manufacturing of products designed to control the instantaneous release of heat energy for advanced joining applications. The company's offerings are utilized in various sectors, including concentrated photovoltaic (CPV) systems, high-brightness light-emitting diode (HB LED) attachment, power electronics, thermal management, and component mounting. Additionally, Reactive NanoTechnologies provides processes for bonding components and bonding sputter targets, contributing to innovations in electronics assembly applications.
Polychromix
Series D in 2007
Polychromix is an advanced communications technology company specializing in the development and manufacture of optical subsystems and chemical sensing products. The company's portfolio includes innovative technologies that enable dynamically configurable optical networks. Notably, Polychromix offers PHAZIR, a near-infrared material analyzer designed for various applications such as raw material inspection, quality control, field testing, and counterfeit product identification.
Reactive NanoTechnologies
Series C in 2007
Reactive NanoTechnologies is a company based in Hunt Valley, Maryland, founded in 2001. It specializes in the development and manufacturing of products designed to control the instantaneous release of heat energy for advanced joining applications. The company's offerings are utilized in various sectors, including concentrated photovoltaic (CPV) systems, high-brightness light-emitting diode (HB LED) attachment, power electronics, thermal management, and component mounting. Additionally, Reactive NanoTechnologies provides processes for bonding components and bonding sputter targets, contributing to innovations in electronics assembly applications.
RNT's platform technology provides an easy-to-use and cost efficient solution to challenging requirements in an almost unlimited range of joining and energetics applications,” said Gerd Goette, Managing Partner at Siemens Venture Capital. “They are excited to work with the entire team and their co-investors to further accelerate RNT's rapid growth.
Polychromix
Series C in 2007
Polychromix is an advanced communications technology company specializing in the development and manufacture of optical subsystems and chemical sensing products. The company's portfolio includes innovative technologies that enable dynamically configurable optical networks. Notably, Polychromix offers PHAZIR, a near-infrared material analyzer designed for various applications such as raw material inspection, quality control, field testing, and counterfeit product identification.
Zolo Technologies
Series D in 2007
Zolo Technologies, Inc. specializes in the design, development, manufacture, installation, and servicing of laser-based and multiplexed combustion monitoring systems. Founded in 1999 and based in Boulder, Colorado, the company serves various industrial sectors, including power generation, steel production, and petrochemical refining. Zolo Technologies offers tunable diode laser absorption spectroscopy instruments that measure vital constituents such as oxygen, carbon monoxide, carbon dioxide, and temperature in demanding combustion environments. Its product applications include steam methane reformers, ethylene cracking, electric arc furnaces, and glass furnaces. The company markets its innovative solutions under the ZoloBOSS, Zolographics, and SensAlign brand names, enabling clients to optimize processes and improve product quality through enhanced monitoring and diagnostics.
G2 Microsystems
Series B in 2006
G2 Microsystems, Inc. is a company specializing in the design, development, and marketing of low-power Wi-Fi system-on-chip solutions and networking applications. Founded in 2004 and headquartered in Campbell, California, G2 Microsystems serves a diverse range of industries, including healthcare, oil and gas, chemicals, government, and automotive, by providing innovative asset tracking solutions. Additionally, the company's technology supports wireless sensing applications across enterprises, retail environments, factories, and warehouses. G2 Microsystems also caters to consumer electronics, offering modules that enhance connectivity for devices such as media players, gaming platforms, digital cameras, remote controls, headsets, and computer peripherals. The company maintains a research and development facility in Sydney, Australia, to further its technological advancements.
Factory Logic
Venture Round in 2005
Factory Logic, Inc. is a provider of factory management solutions based in Austin, Texas. Founded in 1993, the company specializes in developing the Streamline Lean Factory Management System, which offers operational management software designed to equip factory personnel with integrated tools necessary for designing, operating, and enhancing lean manufacturing facilities. The Lean Operations suite facilitates an integrated approach that aligns production with customer demand while ensuring stability within factory and supply chain operations. Additionally, Factory Logic engages in consulting projects, offering its expertise to various sectors, including automotive, electronics, industrial equipment, and aerospace. The company was previously known as Scintellect Systems, Inc. and has been operating as a subsidiary of SAP AG since December 2006.
Polychromix
Series B in 2004
Polychromix is an advanced communications technology company specializing in the development and manufacture of optical subsystems and chemical sensing products. The company's portfolio includes innovative technologies that enable dynamically configurable optical networks. Notably, Polychromix offers PHAZIR, a near-infrared material analyzer designed for various applications such as raw material inspection, quality control, field testing, and counterfeit product identification.
IndX Software
Venture Round in 2003
IndX Software is an enterprise software firm specializing in operations intelligence solutions tailored for Fortune 2000 companies, particularly in the process manufacturing sector and their supply chains. The company's flagship product, XHQ, offers users a unified view of critical information necessary for real-time decision-making and performance management. By extracting and integrating data from various disparate backend systems, XHQ aggregates and manages content effectively, ensuring that relevant information is readily accessible to users. IndX Software focuses on the energy and manufacturing industries, providing essential tools to enhance operational efficiency and decision support in large industrial environments.
ISOPur Fluid Technologies
Series A in 2002
ISOPur Fluid Technologies specializes in advanced purification systems for hydraulic and lubricating oil, primarily serving industries such as oil and gas, power generation, and industrial hydraulics. Utilizing its patented Balanced Charge Agglomeration™ (BCA) technology, ISOPur achieves unparalleled levels of fluid purity, effectively removing sludge and varnish from critical internal machinery components. BCA operates by passing contaminated fluid over electrodes that balance the charges on particles, allowing for their agglomeration and subsequent filtration. This innovative process not only maintains fluid lubricity and water content but also prevents varnish formation that can hinder machinery efficiency. By implementing ISOPur’s systems, clients can significantly enhance plant uptime, lower maintenance costs, prolong the lifespan of capital equipment, and decrease fluid consumption and waste disposal. The effectiveness of BCA technology is supported by a portfolio of case studies from major corporations across various industrial sectors.