Nanoprecise Sci Corp logo — company profile

Nanoprecise Sci Corp

Founded 2017 51-200 employees Debt Financing Total: $23.58M AI, Automation +1

General Information

Company Name Nanoprecise Sci Corp
Founded Year 2017
Employees 51-200
Industries AI, Automation, IoT
Funding Stage Debt Financing
Social

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About Nanoprecise Sci Corp

Nanoprecise Sci Corp has developed a patent-pending solution that integrates hardware and software, combining physics, material science, and data analytics to diagnose machinery issues, detect anomalies, characterize faulty components, and predict the Remaining Time to Failure. Their sensor is the first globally to gather RPM, vibration, sound, temperature, and humidity data all from a single device. The software, based on advanced AI algorithms previously confined to research papers, analyzes data from various sensing elements to achieve anomaly detection, fault characterization, and remaining useful life prediction. This comprehensive solution is cost-effective and applicable to any machine globally across various industries. Since its inception in December 2017, Nanoprecise has secured clients in the Oil & Gas, Mining, Utilities, HVAC, and Infrastructure sectors. The latest investment of $3.50M in Debt Financing was received on 29 September 2023, with the investor being CIBC Innovation Banking. Nanoprecise operates within the AI, Automation, IoT industries.

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $3.50M 1
CIBC Innovation Banking
29 Sep 2023
Series B $13.40M 4
Honeywell Ventures, Export Development Canada +2
10 Jan 2023
Series A $4.00M 1
Sensata Technologies
01 Apr 2021
Seed Round $1.00M 1
Brian Craig
01 Mar 2020
Seed Round $750.00K 1
Brian Craig
01 May 2019
Grant $175.00K 2
Alberta Innovates, Government of Alberta
27 Apr 2018
Pre Seed Round $750.00K 3
Adventure Capital, Advanced Technology Centre +1
31 Oct 2017

FAQ About Nanoprecise Sci Corp

Nanoprecise has developed a patent-pending solution that integrates hardware and software, combining physics, material science, and data analytics to diagnose machinery issues, detect anomalies, characterize faulty components, and predict the Remaining Time to Failure. Their sensor is the first gl...
Nanoprecise Sci Corp was founded in 2017.
Nanoprecise Sci Corp operates in AI, Automation and IoT.
Nanoprecise Sci Corp has approximately 51-200 employees.
Nanoprecise Sci Corp has completed 7 funding rounds, raising a total of $23.58M. The latest funding stage is Debt Financing.

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Source: BounceWatch company record for Nanoprecise Sci Corp, https://bouncewatch.com/company/nanoprecise-sci-corp, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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