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Funding

Infinite Uptime raises $35 million Series C

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Infinite Uptime logo
Date
Company
Infinite Uptime
What it does
Avataar Ventures leads
Kind
Funding
Amount
$35 million
Stage
Series C
Based in
Pune
Founded
2015

What they do

The $35 million Series C, led by Avataar Ventures, is meant to grow the company's presence in the US and other markets

What happened

Its sensors and AI diagnostics tell factories which machine needs fixing and what to check, instead of just showing raw readings

Why it matters

Piezoelectric sensors work in harsh heat and acid plants, and the company holds about five patents, its founder said

The details

  • Avataar Ventures led a $35 million Series C.
  • The money is for growth in the US and other markets.
  • The firm combines its own sensors, software and AI diagnostics.
  • It holds about five patents in this area.

Investors

About Infinite Uptime

Product
Real-time fault diagnostics and predictive maintenance for industrial machinery using vibration sensors and frequency analysis
Customers
Heavy manufacturing industries including cement, steel, metals, mining, FMCG, chemicals, oil and gas, power, pharma
How it makes money
Subscription-based SaaS model for predictive maintenance monitoring and diagnostics
What sets it apart
Proprietary frequency analysis of vibrations with AI to predict equipment failures before they occur

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