A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – INDUSTRIAL IOT
- Uptake, Provider of domain specific data analytics solutions for industries raised $40M in Series C round of funding at a reported valuation of $2B. Link
- Farmlogs, developer of tools for managing farms using multi spectral satellite imagery raised $22M in Series C roung of funding. Link
- Roambee, developer of shipment monitoring and tracking service raised $4M in Series B round of funding. Link
- Sencrop, developer of integrated solution for management of farms raised $1.5M in seed investment. Link
- Semiotic Labs, developer of predictive maintenance solutions for industries raised $630K in seed investment. Link
- Zion Research has published report predicting Global IoT sensors market to reach $17.8B by 2020. Link
SOME INTERESTING STARTUPS FOUND
ScoutIoT (2016, Greensboro, $25K) – Developing connected devices for collecting and analyzing industrial data. Alumni of New Ventures Startup accelerator.
LEADER BOARD – INDUSTRIAL IOT
HEALTH CARE
Medication Adherence
Proteus Digital Health (2001, Redwood City, $404M) – Technology provider to hospitals and care givers to monitor medication intake and adherence. Backed by Silicon Valley Bank, Oxford Finance, Asset Management Ventures, Oracle, Novartis.
Propeller Health (2010, Madison, $42M) – Mobile platform and sensor for respiratory health management and medication adherence. Backed by Kapor Capital, S23P, California HealthCare Foundation, Safeguard Scientifics, 3M, SR One, Social Capital and Hikma Ventures.
Vital Sign Monitoring
iRhythm Technologies (2006, SF, IPO) – Solutions to gather data for diagnosis and treatment decisions. Went public in 2016.
Orthosensor (2006, Fort Lauderdale, $88M) – Developer of sensor based intelligent orthopaedic device. Backed by Ziegler Meditech Equity Partners, Tullis, Ziegler, Dignity Health, IMM Investment, Meditech Advisors.
RETAIL
Instore Marketing
Swirl Networks (2011, Boston, $32M) – Proximity based mobile marketing platform provider for retailers. Backed by Softbank, Longworth Venture Partners, Hearst Ventures, Twitter Ventures, General Catalyst Partners.
Lisnr (2012, Cincinnati, $14M) – Audio based marketing and content distribution platform. Backed by Intel Capital, Mercury Fund, R/GA, Cincy Tech, Jump Capital, Progress Ventures, Serra Ventures.
Instore Analytics
RetailNext (2007, San Jose, $190M) – Real time in store analytics using Wifi and bluetooth sensors. Backed by August Capital, Commerce Ventures, StarVest Partners, Amex Ventures, Nokia Growth Partners, Qualcomm Ventures, Activant Capital, Pereg Ventures, Tyco.
Euclid (2010, Palo Alto, $44M) – Actionable shopper insights by tracking metrics like engagement. Backed by NEA, Benchmark, XG Ventures, Ulu Ventures, Triple Point Capital, Harrison Metal, Cox Enterprises.
AGRICULTURE
Farm Monitoring & Management
Farmers Edge (2005, Winnipeg, $44M) – Provider of precision agriculture and data management solutions. Backed by KPCB, Mitsui.
Farmlogs (2012, Ann Arbor, $38M) – Tools for managing farms using multi spectral satellite imagery. Backed by Huron River Ventures, Hyde Park Venture Partners, Y Combinator, Drive Capital, Hyde Park Angels, SV Angel.
Bovine Monitoring
Vital Herd (2012, Austin, $798KM) – Animal monitoring solution for livestock farmers. Backed by New York Angels.
Herddogg (2015, Ashland, $750K) – Integrated hardware and software solution for livestock monitoring, part of Rogue Rovers. Backed by Serra Ventures & Sierra Ventures.
Multi Industries
Asset Monitoring & Tracking
Perpetuum (2004, South Hampton, $20M) -Vibration harvesting micro-generator for gathering large amounts of information from wireless sensor nodes. Backed by ETF Partners, Quester, Spark Venture Management.
Beep Networks (2012, SF, $4M) – Developer of sensors and wireless sensor networks. Backed by Y Combinator, Western Technology Investment, Betaworks, Maiden Lane, NEST, Dolby Family Ventures, Technicolor Ventures, QueensBridge Venture Partners.
Worksite Monitoring
Precyse Technologies (2004, Atlanta, $12M) – Real time asset visibility and management. Backed by Spencer Trask Ventures.
Lightship Works (2015, Kamloops) – Application to integrate sensor data to track assets.
Workforce Wearables
Atheer (2011, Mountain View, $28M) – 3D augmented reality platform to assist workforce. Backed by Streamline Ventures, Signature Capital, Rona Holdings, Funders Club, Shanda Group, Fang Group, Flextronics Lab, Mindful Investors.
Daqri (2010, LA, $17M) – Smart helmets for industrial environments. Backed by Tarsadia Investments.
Analytics
OSI Soft (1980, San Leandro, $140M) – Platform to capture, store, process and analyze sensor data. Backed by Technology Crossover Ventures, KPCB.
Uptake (2014, Palo Alto, $85M) – Provider of domain specific data analytics solutions for industries. Backed by NEA, Lightbank, Caterpillar, Peterson Partners, General Purpose Vehicles.
Manufacturing
Augury (2012, Haifa, $7M) – Predictive machine diagnostics technology. Backed by Lerer Hippeau, First Round Capital, Formation 8, Pritzker Group.
SightMachine (2012, SF, $24.5M) – Analyses images from industrial cameras, data from sensors and information from factory systems to improve efficiency. Backed by Orfin Ventures, Huron River Ventures, Funders Club, Mercury Fund, Michigan eLab, O’Reily Alpha Tech Ventures, IA Ventures.
SMART BUILDINGS
Viewglass (2007, Milpitas, $436M) – Smart window glass for buildings. Backed by Khosla Ventures, Sigma Partners, DBL Investors, Nano Dimension, Navitas Capital, Westly Group, GE Capital, NZ Superfund, Corning.
Enlighted (2009, Sunny Vale, $83M) – Sensor based smart lighting optimization. Backed by Intel Capital, DFJ, KPCB, Draper Nexus, Rockport Capital Partners.
Digital Lumens (2008, Boston, $54M) – Intelligent LED based lighting solutions. Backed by Flybridge Capital Partners, Nokia Growth Partners, Blackcoral Capital, Goldman Sachs, Aster Capital.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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