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Sensoteq logo — Smart Sensing Solutions

Sensoteq

Smart Sensing Solutions

Founded 2016 United Kingdom United Kingdom 51 employees Venture round Total: $3.60M IT, Manufacturing

General Information

Company Name Sensoteq
Founded Year 2016
Location United Kingdom United Kingdom
Employees 51
Industries IT, Manufacturing
Funding Stage Venture round
Social

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About Sensoteq

Sensoteq is a UK-based startup focusing on providing smart sensing solutions for the manufacturing industry. Founded in 2016, the company's industry-leading solutions aim to optimize machine performance, reduce energy wastage, and extend machine lifespan in challenging industrial environments. Sensoteq's advanced wireless condition monitoring technologies enable Industrial Internet of Things (IIoT) fault diagnosis and predictive maintenance, with a vision to eliminate costly downtime incidents. The company's recent £3.10M Venture Round funding on 14 November 2023 from Techstart Ventures and Maven Capital Partners signifies confidence from established investors in Sensoteq's potential. The investment reflects acknowledgment of the value proposition offered by Sensoteq in revolutionizing machine reliability solutions for the manufacturing sector. Sensoteq's product offerings boast unique wireless technology, providing exceptional range, battery life, and performance in addition to plug-and-play installation. Notably, their sensors offer tri-axial vibration and temperature monitoring, screen motion, thermography, and a 10kHz wireless sensor, empowering clients with comprehensive data for informed decision-making. The company's focus on wireless predictive maintenance practices aligns with industry shifts towards proactive and data-driven maintenance strategies. As the manufacturing industry continues to embrace digital transformation and automation, Sensoteq's innovations play a pivotal role in enabling companies to leverage wireless condition monitoring for operational efficiency and proactive maintenance. The recent funding round not only provides financial support for the company's growth but also signifies the industry's recognition of Sensoteq's potential to drive impactful change in the manufacturing landscape.

Business keywords: wireless technology, condition monitoring, IIOT, predictive maintenance, machine reliability, industrial sensors, vibration analysis, thermal imaging, field service toolkits

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round £3.10M 2
Techstart Ventures Maven Capital Partners
Techstart Ventures, Maven Capital Partners
14 Nov 2023
Debt Financing £500.00K 1
Whiterock Finance
Whiterock Finance
31 Jan 2023

Sensoteq Alternatives & Competitors

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Phase IV Engineering
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FAQ About Sensoteq

Smart Sensing Solutions
Sensoteq was founded in 2016.
Sensoteq is headquartered in United Kingdom.
Sensoteq operates in IT and Manufacturing. Its work centres on wireless technology, condition monitoring, IIOT and predictive maintenance.
Sensoteq has approximately 51 employees.
Sensoteq has completed 2 funding rounds, raising a total of $3.60M. The latest funding stage is Venture round.
Top alternatives and competitors to Sensoteq include Treon, Phase IV Engineering. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sensoteq and Treon are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Sensoteq, https://bouncewatch.com/company/sensoteq, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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