Predictive Maintenance for Factories

Infinite Uptime, a startup based in India, has secured $35 million in a Series C funding round to further develop its predictive maintenance solutions for factories. The company's technology utilizes proprietary sensors, software analytics, and AI-based diagnostics to provide manufacturers with pinpointed recommendations for maintenance and repairs.

The manufacturing industry has been slow to adopt new technologies, but Infinite Uptime is targeting this space with its innovative approach. The company's piezoelectric sensors can offer diagnostics in high temperatures and complex acidic environments, making them suitable for various industries such as steel, cement, and chemicals.

Infinite Uptime has already secured five patents in this space and has helped its customers achieve significant downtime savings and productivity improvements. With the new funding, the company plans to expand its presence in the US and other markets, invest in product development, and evaluate M&A opportunities to scale further.

Competitive Advantage

Infinite Uptime's founder, Raunak Bhinge, believes that the company's tech stack is unique and offers a competitive advantage over larger competitors. The startup's approach is not top-down, unlike its larger competitors, which use programmable logic controllers (PLC) or programmable limit switches (PLS). Infinite Uptime's solutions have been adopted by 800 plants in nearly 30 countries, and the company aims to continue its growth trajectory with the new funding.