SOL-X logo — Industrial Safety for workers - Leading IIoT technology: SOL...

SOL-X

Industrial Safety for workers - Leading IIoT technology: SOL-X solution and SmartWatch | Product of Magellan X

Founded 2019 Singapore Singapore 13 employees Seed AI, IoT +1

General Information

Company Name SOL-X
Founded Year 2019
Location Singapore Singapore
Employees 13
Industries AI, IoT, Logistics and Delivery
Funding Stage Seed
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Tiered Pricing
Offices as of Sep 2026
Singapore, Singapore
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Sep 11, 2026

SOL-X is a key part of Circle Digital Ventures' mission to build technology for the maritime industry, contributing safety and wellbeing data.

AI Insight

Bounce Watch AI
2 days ago

SOL-X has strategically positioned itself for future growth by announcing a partnership with Circle Digital Ventures, slated for September 2026, to embed its safety and wellbeing data into the maritime industry's evolving technology landscape. This forward-looking collaboration highlights SOL-X's ambition to become a core data provider, indicating a strategic shift towards deeper integration and value creation within the sector. This move suggests a planned long-term market expansion and leveraging of its IIoT and AI technologies. Such a significant future partnership implies a strong strategic roadmap for the company.

Signal Types
Strategic Partnership
Strategic Labels
Strategic Partnership Data Integration Future Market Expansion
Next Move: Fundraising
·
Impact: 8/10
·
Ideal For: Industrial IIoT & Maritime Tech VCs — Long-Term Strategic Focus

About SOL-X

SOL-X is a Singapore-based startup that focuses on industrial safety for workers through IIoT technology. The company's flagship product, SOL-X solution and SmartWatch, is developed by Magellan X and targets the maritime and energy sectors. Founded in 2019, SOL-X aims to enhance well-being, health, and safety by leveraging AI and IoT technologies. The company received its last investment in the form of a Seed Round from BCG Digital Ventures and MISC Berhad on 13th August 2021. The technology addresses the crucial need for safety, emphasizing resilience and psychological well-being in the face of adversity. With a focus on promoting safety and security, SOL-X is making strides in the Logistics and Delivery industries.

Taxonomy: IoT technologies, AI technologies, maritime safety, human-centric approach, Smart Forms, HSSE operations, Permits To Work, Safety and Risk Management, Operational Excellence, Incident Management, Industrial Internet of Things, Behavioral Based Safety, Oil & Gas Safety

Services & Products

Health and Safety Platform
Well-being Enhancement
Predictive Safety Operations
Digital Permit to Work Systems
Data-Driven Safety Solutions
Worker Monitoring and Support

Target Customers

Maritime Industry Petrochemical Industry Oil & Gas Sector Mining Industry Construction Industry Heavy Industries

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Sol Undisclosed 2
BCG Digital Ventures, MISC Berhad
13 Aug 2021

SOL-X Alternatives & Competitors

View All Alternatives
SOL-X vs

Помогаем гигантам российской промышленности работать эффективнее / безопаснее / прибыльнее / экологи...

Venture round
204 employees
AI, Computer Vision
SOL-X vs
CorrosionRADAR
CorrosionRADAR United Kingdom

Turn CUI Intelligence into Operational Advantage

Series B
46 employees
AI, Analytics
SOL-X vs
Sensing Feeling
Sensing Feeling United Kingdom

Smart visual sensing for real-world spaces

Seed
7 employees
AI, Computer Vision

FAQ About SOL-X

Industrial Safety for workers - Leading IIoT technology: SOL-X solution and SmartWatch | Product of Magellan X
SOL-X was founded in 2019.
SOL-X is headquartered in Singapore. As of Sep 2026, it also has offices in Singapore, Singapore.
SOL-X operates in AI, IoT and Logistics and Delivery. Its work centres on IoT technologies, AI technologies, maritime safety and human-centric approach. Its customers include Maritime Industry, Petrochemical Industry and Oil & Gas Sector.
SOL-X has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Tiered Pricing.
SOL-X has approximately 13 employees.
SOL-X has completed 1 funding round. The latest funding stage is Seed.
SOL-X offers: Health and Safety Platform, Well-being Enhancement, Predictive Safety Operations, Digital Permit to Work Systems, Data-Driven Safety Solutions, Worker Monitoring and Support.
Top alternatives and competitors to SOL-X include ГК «Цифра», CorrosionRADAR, Sensing Feeling, OneWatt. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SOL-X and ГК «Цифра» 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 SOL-X, https://bouncewatch.com/company/sol-x, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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