Infinite Uptime bags $35M to help factories optimize equipment usage

Infinite Uptime, an Indian startup that provides predictive maintenance solutions for factories, collected 35 million dollars in a series of financing C to expand its scope in the United States and other markets.

The manufacturing industry has left many industries to adopt technology, and many heavy industry in the world still depend on machines, many of which are advancing and consumes a lot of energy. However, modern technology flows slowly but steadily to factories, especially for maintenance and repairs – targeting unlimited operation time.

The company says it provides predictive maintenance and repair recommendations using ownership sensors, software analyzes, and artificial intelligence diagnoses. It also has a smart information panel that provides live monitoring possibilities.

“We give manufacturers specific recommendations and intervention points, exactly what to do in the factory, what parameters should be seen, which must be corrected.”

The emerging says that their photovoltaic sensors can provide diagnoses at high temperatures, as well as complex acidic environments such as phosphoric acid, nitric acid and sulfuric acid. Benji said he had about five patents in this space.

To be clear, this is not a completely new opportunity in the market-it has enabled large manufacturers such as RockWell, Siemens and HoneyWell factories with automation based on artificial intelligence for some time. Likewise, some startups such as Augury Help Factories discover problems with their devices using sensors and AI.

But BHENINE feels that unlimited operating time is “somewhat unique in terms of technical stack”, explaining that the starting starting approach is not from top to bottom, like its largest competitors who use PLC logic control units or PLS. He said that even the battery -based electromechanical systems (MEMS) provided by some startups have limited use cases and do not work effectively for high temperature applications.

The end operation time targets steel manufacturers, cement, minerals, mining, fertilizers, chemicals, and paper industries. It also participates with OEMS to connect the artificial intelligence layer in its new products.

Categorically, the endless time of its solutions helped customers see the time to stop 74,274 hours in addition to an improvement in productivity, energy efficiency, safety and compliance by 5 % to 10 %.

The start of the start currently serves 800 factories in nearly 30 countries, and with new financing, aimed at expanding its presence in the United States. The series C was led by Avataar Ventures, and saw the participation of Stepstone Group and LGVP, along with the current investors Tiger Global and GSR Ventures. The tour reaches the company’s total capital of about $ 65 million since its establishment in 2015, for every crunchbase.

Binga said that the start of the startup has increased twice every year over the past three years, which is positive for cash flow. The company is looking to put new funds towards the development of products, and intends to assess the opportunities for integration and purchases to expand their scope.

Binge said that unlimited operating time, which includes about 350 employees, also plans to invest in research, development and data science to enhance artificial intelligence visions and “bridge the gap between construction and actual production and also improve production efficiency.”

“We are investing in how to help manufacturers […] Use less energy for each ton of production than its current ability to build.