The Netherlands
Samotics, founded in 2015 in The Netherlands, has positioned itself as a frontrunner in smart monitoring technology for hard-to-reach industrial assets. With its slogan, "Making Industrial Blind Spots Visible", the company specializes in using AI-driven platforms to analyze electrical signals, providing unmatched visibility into critical asset health, performance, and efficiency.
The startup addresses a substantial market need, given that over 75 million industrial assets remain unmonitored, leading to billions in lost productivity and significant environmental harm. By enabling continuous monitoring, Samotics helps reduce unplanned downtime and energy waste, attracting major clients like ABB, Yorkshire Water, and ArcelorMittal.
Samotics stands out by requiring sensors solely within motor control cabinets, detecting over 90% of faults with less than 1% false alarms, and offering a scalable solution across industries. With proven impact such as 30% longer asset lifetimes and 25% energy consumption reduction, the company boasts an average customer ROI in just 8 months.
Backed by a Corporate Round investment on September 22, 2022, from ABB, Samotics is paving the way for efficient and sustainable industrial operations, addressing the multi-trillion-dollar challenge of maintaining invisible assets.
