Infinite Uptime bags $35M to help factories optimize equipment usage

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Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets.

The manufacturing industry has lagged many industries in its adoption of tech, and much of the world’s heavy industry still depends on machines, many of which are aging and consume lots of energy. That said, modern tech is slowly but surely making its way into factories, particularly for maintenance and repairs — the space Infinite Uptime is…



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Infinite Uptime bags $35M to help factories optimize equipment usage


Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets.

The manufacturing industry has lagged many industries in its adoption of tech, and much of the world’s heavy industry still depends on machines, many of which are aging and consume lots of energy. That said, modern tech is slowly but surely making its way into factories, particularly for maintenance and repairs — the space Infinite Uptime is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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