Industrial Internet of Things Report

Industrial Internet of Things – June 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
Tracxn
World’s Largest Startup Research Platform
2

Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 12
Who is Investing 23
Exit Outlook - IPO, Acquisitions 27
Sub Sector Analysis 30
Interesting Companies 52
Useful Links 67
Company List 70
Team 181
3

Sector Overview
Scope of report
Feed definition
Solutions for connecting, monitoring and controlling different industrial operations to enable transparency and optimize
operations
Primary inclusions in this feed
Companies which are developing solution to be directly used by industries to get higher insights into their operations and
achieve higher operational efficiency. These include hardware which have sensors to gather data and are connected
through cloud to enable analytics and provide insights to a user who can access it remotely
Solutions also include analytics engines provider which work on data gathered by sensors to provide insights. Companies
considered in the scope whether hardware or software has to be working on data gathered by sensors and not on
manually entered data. Solutions find applications across major industries like healthcare, retail, agriculture, logistics,
manufacturing, oil and gas, etc. are included.
Primary exclusions from this feed
Companies which use data collected through manual processes like ERP etc, solutions which are not connected to cloud
and whose insights are not remotely accessible are excluded from the scope of this report..
The scope of this report includes equity as well as debt funding received by the companies.
Disclaimer: The information and data in the report is based on global developments tracked in the sector till May 3, 2017. This is to categorically state that any events
and relevant developments after the said date will not reflect in the report.
4

Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5
Contents

31
63
99
128
165
136
44
0
36
72
108
144
180
2010 2011 2012 2013 2014 2015 2016
#ofCompanies
YoY – Number of companies founded
6
Euclid Analytics Swirl Networks FarmLogs Tachyus Farmer's Business Network Samsara Swine Smart
AliveCor Vital Connect Sight Machine Comfy Uptake Arundo Scout IoT

Large Upcoming Sectors
# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
82 Jan-2013 34 Retail > In-store Marketing $119M swirl.com
Swirl Networks
2011, Boston
16 Sep-2012 11 Multi Industries > Workforce Wearables $84M atheerair.com
Atheer
2011, Mountain View
23 Jul-2012 13
Manufacturing > Analytics > Predictive
Maintenance > Software
$27M predikto.com
Predikto
2012, Atlanta
65 Nov-2011 29 Manufacturing > Analytics $98M covacsis.com
Covacsis
2009, Mumbai
34 Sep-2011 19
Retail > In-Store Analytics > Software +
Hardware
$238M retailnext.net
RetailNext
2007, San Jose
46 Jul-2011 23
Maintenance
$61M
Arundo
2015, Palo Alto
21 Jul-2011 6
Multi Industries > Asset Monitoring &
Tracking > Location Tracking
$40M ubisense.net
Ubisense
2002, Cambridge
56 Jun-2011 33 Retail > In-Store Analytics $343M footmarks.com
Footmarks.com
2012, New York City
7

# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
20 Apr-2011 6
Tracking > Suite
$500K amiglobal.com
AMI Global
2009, Las Vegas
100 Feb-2011 37
Tracking
$119M samsara.com
Samsara
2015, San Francisco
63 Feb-2011 34 Multi Industries > Analytics $513M uptake.com
Uptake
2014, Palo Alto
17 Feb-2011 12 Healthcare > Medication Adherence $493M proteus.com
Proteus Digital Health
2001, Redwood City
17 Feb-2011 12
Smart Buildings > Energy Efficiency >
Energy Usage Monitoring
$397M gridpoint.com
GridPoint
2003, Arlington
17 Jan-2011 7
Agriculture > Farm Monitoring and
Management > Smart Irrigation
$99M cropx.com
CropX
2013, Tel Aviv
87 Jan-2011 44 Smart Buildings > Energy Efficiency $1.4B viewglass.com
View
2007, Milpitas
135 Jul-2010 64
Management
$451M smart-ag.com
Smart Ag
2015, Ames
8

# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
23 Jul-2010 10
Maintenance > Software+Hardware
$35M konux.com
Konux
2014, Munich
25 Sep-2009 21 Healthcare > Monitoring $583M orthosensor.com
OrthoSensor
2006, Fort Lauderdale
40 Jan-2007 25 Agriculture > Bovine Monitoring $27M silentherdsman.com
Silent Herdsman
2009, Dumfries
9

Niche Upcoming Sectors
# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
7 Jan-2013 4 Retail > Suite $4M walkbase.com
Walkbase
2010, Espoo
5 Sep-2012 1 Retail > Navigation wiseshelf.com
Wiseshelf
2015, Caesarea
7 Jan-2012 4 Smart Buildings > Water Management $2M thedetectiongroup.com
The Detection Group
2006, Palo Alto
13 Jun-2011 8 Agriculture > Aquaculture $11M theyield.com
The Yield
2014, Sydney
13 Nov-2010 8 Retail > In-Store Analytics > Software $62M euclidanalytics.com
Euclid Analytics
2010, Palo Alto
8 May-2010 3 Multi Industries > Worksite Monitoring $12M bcsafetylink.com
BC SafetyLink
2015, Vancouver
9 Apr-2010 4
Environment Monitoring & Contol
$3M senseware.co
Senseware
2013, Washington D.C.
14 Jun-2008 6
Lighting
$194M hesolutions.ca
Horizon Engineering
Solutions
2015, Waterloo
10

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
11
Contents

YoY – Number of Rounds and Total Funding
$218M
$104M
$294M
$339M
$278M
$448M
$635M
$734M
$557M
13
28
43
40
61
110
124
178
138
0
40
80
120
160
200
0
160
320
480
640
800
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofRounds
FundingAmountin($M)
12

YoY – Number of Rounds by Stage
14
27
62 65
77
64
14
11
23
35
65
43
6
10
12
10
14
14
0
36
72
108
144
180
2011 2012 2013 2014 2015 2016
#ofRounds
Seed Early Late
13

YoY – Funding by Stage
$9M $8M
$38M $43M $58M $39M
$134M
$59M
$121M $131M
$262M
$179M
$182M
$184M
$253M
$386M
$394M
$201M
0
160
320
480
640
800
2011 2012 2013 2014 2015 2016
TotalFundingin($M)
Seed Early Late
14

Average Ticket Size – Early Stage
$0.7M
$0.4M
$0.8M $0.9M $1.1M $1.0M
$4.9M
$3.6M
$4.7M
$4.1M
$5.1M
$4.1M
$16.5M
$10.3M
$9.9M
$7.4M
$13.2M
$10.3M
0.0
3.6
7.2
10.8
14.4
18.0
2011 2012 2013 2014 2015 2016
FundingAmountin($M)
Seed Series A Series B
15

Company
Funding
Amount
Round
Name
Date Investors
viewglass.com
View
(Milpitas, 2007)
$100M Series G Feb-2017 TIAA
uptake.com
Uptake
(Palo Alto, 2014)
$50M Series C Apr-2017
farmersbusinessnetwork.com
Farmer's Business
Network
(Davenport, 2014)
$40M Series C Mar-2017 DBL Partners, GV, Acre Venture Partners, KPCB, Bow Capital
uptake.com
Uptake
(Palo Alto, 2014)
$40M Series C Feb-2017 Revolution
alivecor.com
AliveCor
(San Francisco, 2010)
$30M Series D Mar-2017 Omron Healthcare, Mayo Clinic
farmlogs.com
FarmLogs
(Ann Arbor, 2012)
$22M Series C Jan-2017
Naspers, Drive Capital, Huron River Ventures, Hyde Park Venture Partners, SV
Angel
propellerhealth.com
Propeller Health
(Madison, 2010)
$22M Series C Oct-2016 3M, SR One, Hikma Ventures, Safeguard Scientifics, Social Capital
farmersbusinessnetwork.com
Farmer's Business
Network
(Davenport, 2014)
$20M Series C Aug-2016 Acre Venture Partners, KPCB, DBL Partners, GV
16
Top investments in last one year

Company
Funding
Amount
Round
Name
Date Investors
sightmachine.com
Sight Machine
$20M Series B Nov-2016
Jump Capital, GE Ventures, Two Roads Group, Pritzker Group, IA Ventures,
OReilly AlphaTech Ventures, Mercury Fund, Huron River Ventures, Orfin
Ventures
vitalconnect.com
Vital Connect
(Campbell, 2011)
$18M Series B Jun-2016
spacetimeinsight.com
Space-Time Insight
(San Mateo, 2008)
$13M Series D Sep-2016
comfyapp.com
Comfy
(Oakland, 2013)
$12M Series B Jun-2016
Claremont Creek Ventures, Westly Group, Emergence Capital, Microsoft
Ventures, CBRE Group
silvair.com
Silvair
$12M Series A Nov-2016 Trigon TFI, Cyberagent Ventures, New Europe Ventures, Digital Garage
encycle.com
Encycle
(Toronto, 2005)
$12M Series B Dec-2016 Prelude Ventures, NGEN Partners, BDC Capital, EDC
konux.com
Konux
(Munich, 2014)
$9M Series A Apr-2017 NEA, MIG Fonds, Unternehmertum Venture Capital Partners
flutura.com
Flutura
(Bangalore, 2012)
$8M Series A Feb-2017 Vertex Ventures, Lumis Partners, The Hive
17

Company
Funding
Amount
Round
Name
Date Investors
pointgrab.com
PointGrab
(Hod Hasharon, 2008)
$7M Series B Oct-2016 Philips, Mitsubishi UFJ Capital, ABB Group
prospera.ag
Prospera
(Tel Aviv, 2013)
$7M Series A Jul-2016 Bessemer Venture Partners
verdigris.co
Verdigris
(Moffett Field, 2011)
$7M Series A Oct-2016 Jabil, Verizon Ventures, StartX
falkonry.com
Falkonry
$5M Series A Feb-2017 Zetta Venture Partners, Polaris Partners, Start Smart Labs
hydropoint.com
HydroPoint
(Petaluma, 2002)
$5M Series C Jun-2016
cargosense.com
CargoSense
(Reston, 2012)
$5M Series A Jun-2016 IrishAngels, MCD, Center for Innovative Technology
aquicore.com
Aquicore
(Washington, 2013)
$5M Series A Jun-2016 Kiddar, Navitas Capital
tachyus.com
Tachyus
(Palo Alto, 2013)
$5M Series A Oct-2016
Haystack Partners, Founders Fund, Streamlined Ventures, Focus VC, StartX,
Caffeinated Capital
18

Company
Funding
Amount
Round
Name
Date Investors
theyield.com
The Yield
(Sydney, 2014)
$5M Series A Apr-2017 Bosch, KPMG, AgFunder
elmodis.com
ELMODIS
(Krakow, 2015)
$5M Series A Apr-2017 SET Ventures, Intel Capital, Innovation Nest
arundo.com
Arundo
(Palo Alto, 2015)
$5M Series A Aug-2016
arable.com
Arable
(Princeton, 2014)
$4M Series A Mar-2017
Middleland Capital, S2G Ventures, Spark Labs, Cantos Ventures, Chasefield
Capital
roambee.com
Roambee
(Santa Clara, 2011)
$4M Series B Jan-2017 Deutsche Telekom Capital Partners
density.io
Density.io
$4M Series A Jul-2016 Upfront Ventures, Ludlow Ventures
predikto.com
Predikto
(Atlanta, 2012)
$4M Series A Feb-2017 Fidelis Capital, TechOperators
tosense.com
toSense
(La Jolla, 2014)
$4M Series A Jun-2016
19

Company
Funding
Amount
Round
Name
Date Investors
vibeac.com
VIbeac
(Shanghai, 2014)
$4M Series B Mar-2017 Shenzhen Capital Group
3dsig.com
3DSignals
(Kfar Saba, 2015)
$3M Seed Sep-2016 Grove Ventures
strider.ag
Strider
(Belo Horizonte, 2013)
$3M Series B May-2016 Monashees+, Qualcomm Ventures
hcsafety.com
Human Condition Safety
(New York City, 2014)
$3M Series A Dec-2016
alluvium.io
Alluvium
$3M Seed Dec-2016 IA Ventures, Lux Capital, Bloomberg Beta
ibisnetworks.com
Ibis Networks
(Honolulu, 2013)
$3M Series A Dec-2016
roambee.com
Roambee
(Santa Clara, 2011)
$2M Series A May-2016
farmersedge.ca
Farmers Edge
(Winnipeg, 2005)
$2M Series C May-2016
20

Funnel view of Sector
Percent of
Previous
49%
32%
48%
43
34
62
129
407
824
0 180 360 540 720 900
M&A & IPO
Late
Series B
Series A
Funded
Founded
# of Companies
21

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
22
Contents

Most Active Investors in Sector
11
10
8
7
6 6 6
5 5 5
0
2
5
7
10
12
Plug and Play
Tech Center
Techstars Startup
bootcamp
Intel
Capital
Khosla
Ventures
NEA Qualcomm
Ventures
Enterprise
Ireland
Formation 8 GE Ventures
TotalNumberofCompanies
23
Percolata Lisnr Viewsy Enlighted View GridPoint RetailNext Pulsate Tachyus View
Roximity Placemeter VesLabs
Sotera
Wireless
The Climate
Corporation
The Climate
Corporation
Sotera
Wireless
Health Beacon Comfy
Predixion
Software

Where are Top Investors investing
24

Top Investor by Stage of Entry
25

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
26
Contents

Date Company Acquirer
Deal
size
Overview
Total
Funding
Mar-2017 datarpm.com
DataRPM
(Redwood City, 2012)
Progress.com $30M
Big Data Business Intelligence Solution for predictive
maintenance
Center for Innovative Technology, InterWest Partners, Karlin
Ventures, Opus8
$5.9M
Feb-2017 observant.net
Observant
(Fitzroy, 2003)
jainsusa.com
Telemetry services for farmers
Dec-2016 healthsense.com
Healthsense
(Mendota, 2001)
greatcall.com
Remote monitoring, emergency call, and wellness
management solutions
406 Ventures, Merck, Radius Ventures, Ziegler, Mansa Capital,
fchp.org, West Health
$32.8M
Dec-2016 placemeter.com
Placemeter
arlo.com
Platform that senses and unlocks data about activity in
physical places
NEA, Qualcomm Ventures, TriplePoint Capital, Techstars,
Correlation Ventures, Kima Ventures, Collaborative Fund,
FundersClub, blisce, Scrum Ventures
$7.8M
Nov-2016 gimbal.com
Gimbal
(San Diego, 2014)
majority.co
Context awareness
Qualcomm, SK Planet, Zebra Technologies, Acta Wireless, i-
Hatch Ventures
Funded
Nov-2016 bitstew.com
Bitstew Systems
(Burnaby, 2005)
ge.com
Software defined operations for industrial IOT
Silicon Valley Bank, BDC Capital, Yaletown Partners,
Kensington Capital, Cisco Investments, GE Ventures
$22.5M
Nov-2016 freshtemp.com
FreshTemp
(Pittsburgh, 2012)
digi.com
Temperature monitor for sensitive products
AlphaLab, Innovation Works, Scout Ventures, KohFounders
Funded
27
Major Acquisitions in last one year

Industrial Internet of Things – June 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.28
Major Acquisitions in last one year

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
29
Contents

May 2017Tracxn Bluebox : Industrial IoT
810+ companies in the sector, 317 funded in last 5 years, $900M invested in 2016/17
30

Top Business Models by Funding
$1.2B
$1.0B
$646M
$479M
$434M
$134M
$98M
$33M $2M
0
280
560
840
1120
1400
Smart Buildings Healthcare Multi Industries Agriculture Retail Logistics Manufacturing Oil & Gas Marine
TotalFundingin($M)
31
Avg. Age Jun-11 Nov-10 May-11 Feb-10 May-12 Apr-11 Jan-12 Jan-12 Jan-14
#Cos. 112 51 189 205 159 24 70 10 3
View Proteus Digital Health OSIsoft
The Climate
Corporation
RetailNext Savi Technology Sight Machine Tachyus Siren Marine
GridPoint CardioMEMS Uptake
Farmer's
Business Network
Euclid Analytics Hi-G-Tek Konux Seismos ioCurrents

Smart Buildings – Business Model Description

Smart Buildings – Key Trends
33

Smart Buildings – Most Funded Companies

Healthcare – Business Model Description

Healthcare – Key Trends
37

Healthcare – Most Funded Companies

Multi Industries – Business Model Description

Multi Industries – Key Trends
41

Multi Industries – Most Funded Companies

Agriculture – Business Model Description

Agriculture – Key Trends
44

Agriculture – Most Funded Companies

Retail – Business Model Description

Retail – Key Trends
48

Retail – Most Funded Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
51
Contents

Interesting Unfunded Companies
Company Overview Business Model
75f.io
75fahrenheit
(2012, Mankato)
Technology solutions for energy conservation and resolve temperature
imbalence
Smart Buildings > Energy Efficiency > HVAC
Monitoring & Control
ambyint.com
Ambyint
(2015, Calgary)
Provides platform combining Big Data & IoT technology solutions to
help oil & gas producers optimize their oil well
Oil & Gas > Production Optimization Solutions
innius.com
innius
(2015, Veenendaal)
IoT, Cloud, Mobility and Social collaboration to manage industrial assets
Maintenance > Software+Hardware
idatawave.com
iDataWave
(2011, Pune)
Industrial automation solutions through M2M technologies
Multi Industries > Asset Monitoring & Tracking
> Suite
arniot.com
Arniot
(2013, Bangalore)
Industrial automation and asset tracking solutions through IoT
Technology
Logistics
strobilanthes.com
Strobilanthes
(2013, Chennai)
Smart product for hospitality and healthcare industry Healthcare
seemymachines.com
SeeMyMachines
(2015,
Thiruvananthapuram)
IoT platform for collecting machine data Manufacturing > Analytics
onewater.in
OneWater
(2015, Ahmedabad)
Soil and groundwater sensing and analytics product
Management > Suite
Curated list of companies by the sector analyst are defined as Interesting

Interesting Seed Companies

Interesting Series A Companies

Interesting Series B Companies

Interesting Late Stage Companies

Top Funded Deadpooled Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
66
Contents

Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Smart Buildings – Most Funded Companies Sub Sector Understand Link
Healthcare – Most Funded companies Sub Sector Understand Link
Multi Industries – Most Funded Companies Sub Sector Understand Link
Agriculture – Most Funded Companies Sub Sector Understand Link
Retail – Most Funded companies Sub Sector Understand Link
Top Funded Deadpooled Companies Companies Link
67

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
69
Contents

Industrial Internet of Things – List of Companies
Smart Buildings Healthcare Multi Industries Agriculture Retail Logistics Manufacturing
Oil & Gas Marine BFSI
407 FUNDED COMPANIES AND 417 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

Smart Buildings (1/15)
Total
Funding
paytm.com
720 Degrees
(2012, Helsinki)
Continuous indoor environmental quality monitoring
Smart Buildings $190K
Aether Air
(2014, Amsterdam)
Solutions to measure and check indoor air pollution
Startup Scaleup
Smart Buildings
Bin-e
(2014, Poznan)
Smart waste bins for offices Smart Buildings
MeterDesk
(2011, Chennai)
Energy management system Smart Buildings
Taagma Eco Energy
Solutions
(2015, Pune)
Energy optimization and building management systems Smart Buildings
Prescriptive Data
(2016, New York City)
Cloud-based smart building platform and control panel Smart Buildings
Frogblue
(2015, Munich)
Smart building technology solutions Smart Buildings
Smart Building
(2012, Muro)
Automatic Intelligence for Smart Buildings Smart Buildings
Go to BM List >> Healthcare

Total
Funding
paytm.com
Geniey
(2015, Taipei)
IoT solutions for smart buildings focusing on security and smart utilities
Smart Buildings
Econtrol Glas
(2005, Plauen)
Solar controlled smart glass solutions for buildings Smart Buildings
Datahoist
(2015, Austin)
Elevator monitoring solution Smart Buildings
Quantify Technology
(2013, Perth)
Developer sensors for commercial buildings Smart Buildings
Sense Agent
(2013, Gold Coast)
Developer of sensors to gather building data Smart Buildings
Smartsensors
(2014, Haarlem)
Cloud connected sensor systems Smart Buildings
Parakey
(2014, Gothenburg)
Access control via smartphone for facility managers
OReilly AlphaTech Ventures, Qamcom, SKAPAinnovationspris, Chalmers
Ventures
Access Control $370.80K
Doordeck
(2016, Wallington)
Device to make electronic locks smart
Startupbootcamp
Access Control

Healthcare (1/7)
Total
Funding
paytm.com
Eko Devices
(2012, Berkeley)
Analog to digital conversion of stethoscopes through an attachment and
software
Seraph Group, Hub Ventures, Founder, Better Ventures, Dreamit Ventures,
StartX
Healthcare $2.80M
Xetal
(2013, Bonheiden)
Position sensors for indoor people localisation
Techfounders
Healthcare
$27K
Metrix Health
(2014, Menlo Park)
Operational tools to streamline clinical workflow Healthcare
Strobilanthes
(2013, Chennai)
Smart product for hospitality and healthcare industry Healthcare
DYRE Solutions
(2015, Hong Kong)
Development phase patient tracking device Healthcare
WaferLabs
(2015, Mysore)
Provides customer interaction platform Healthcare
Medann
(2014, Vancouver)
Wall mounted sensor for medical event detection Healthcare
LiveTrust
(2012, Las Condes)
Remote patient monitoring system for providers Healthcare
Smart Buildings << Go to BM List >> Multi Industries

Healthcare (2/7)

Healthcare (3/7)

Healthcare (4/7)

Healthcare (5/7)

Healthcare (6/7)

Healthcare (7/7)

Multi Industries (1/24)
Total
Funding
paytm.com
Iomote
(2016, Rome)
Developer of IoT solutions for range of industries
Samsara
(2015, San Francisco)
IoT gateway & cloud solution to record and analyze machine data
Andreessen Horowitz
Asset Monitoring & Tracking $25M
Perpetuum
(2004, Southampton)
Vibration harvesting micro-generator for gathering large amounts of
information from wireless sensor nodes
Albion Ventures, ETF Partners, Quester, Spark Venture Management
PINC Solutions
(2004, Alameda)
Cloud based Yard management and supply chain execution solutions
Sutter Hill Ventures, Horizon Ventures
Asset Monitoring & Tracking $10.10M
En Gauge
(2008, Rockland)
Connected monitoring systems for equipments
Beep Networks
Sensors and wireless sensor networks
Y Combinator, Western Technology Investment, Betaworks, Maiden Lane,
NEST, Dolby Family Ventures, Technicolor Ventures, QueensBridge Venture
Partners
Eltav
(2006, Ra'anana)
Wireless valve monitoring solution
Hutchison Kinrot
windesco
(2012, )
IoT solutions to improve the performance of wind assets
Healthcare << Go to BM List >> Agriculture

Total
Funding
paytm.com
Acoustic Sensing
(2013, Daresbury)
Developer of solution for maintenance of buried pipes
North West Fund, 350 Investment Partners
Quietyme
(2012, Neshkoro)
Noise monitoring and reporting system
Gener8tor, Healthbox, American Family Ventures, BrightStar Wisconsin
Foundation
Asset Monitoring & Tracking $900K
Nimble Wireless
(2006, Palo Alto)
Wireless products for asset tracking and remote monitoring.
Prime Venture Partners
Caption Data
(2008, Worcester)
Real time remote monitoring solution
Midven, Minerva, Midven
Skygrid
(2015, Sydney)
Developer of solution for asset condition monitoring
muru-D
Zeto
(2011, Cork)
Developer of infrastructure for refrigeration equipment management
Enterprise Ireland, Ryan Academy, Kernel Capital, BVP Investments
Asset Monitoring & Tracking
TetraScience
(2014, Boston)
Hardware to connect devices to internet
Y Combinator, Rough Draft Ventures, Dorm Room Fund, Karlin Ventures,
Digital Science
FreshTemp
(2012, Pittsburgh)
Temperature monitor for sensitive products
AlphaLab, Innovation Works, Scout Ventures, KohFounders

Total
Funding
paytm.com
Tsenso
(2015, Stuttgart)
Solution to monitor temperature of temperature sensitive goods
Metro Accelerator
RebusLabs
(2015, Istanbul)
Developer of devices for temperature monitoring of refrigerated
products
String Ventures
Peytec
(2011, Toronto)
IoT based tracking solution
OCE Discovery
Actvcontent
Offers real-time factory-wide visibility throughout the manufacturing
process
SOSV
Water Surveillance
(2013, Soro)
Products for monitoring and optimizing damage control processes
Capnova
Fourier Technologies
(2011, Rosh Haayin)
Developer of data acquisition systems
EnergiMate
(2016, Gandhinagar)
IoT device to track energy parameters in machines
Nupoint Systems
(2011, Vancouver)
Remote satellite surveillance

Agriculture (1/26)
Total
Funding
paytm.com
Centaur Technologies
(2014, Volos)
IoT based solution to detect produce contamination across the supply
chain
OurCrowd, PJ Tech Catalyst
$1.30M
Wellntel
(2012, Milwaukee)
Provides low cost groundwater information system
$1.24M
Horse Sense Shoes
(2011, Trenton)
Device for monitoring equines
$645K
BovControl
(2012, Sao Paulo)
Software platform for cattle management
Wayra, Redpoint eVentures, Wayra
$175K
Agronode
(2014, Zagreb)
Smart cloud-based irrigation
Arnia Hive Monitors
(2012, Newcastle Upon
Tyne)
Remote monitoring and analysis of beehive health
Northstar Ventures
Apiculture $125K
Melixa
(2013, Trento)
Remote bee hive monitoring system for beekeepers
Industrio, Spinnvest
Apiculture $20K
Bee Smart
Hardware and software solutions for beehives monitoring
NEVEQ
Apiculture
Multi Industries << Go to BM List >> Retail

Agriculture (2/26)
Total
Funding
paytm.com
BeeZon
(2015, Patras)
Digital monitoring system for apiaries
Startup Scaleup
Apiculture
Hivemind
(2014, Christchurch)
Hive monitoring for beekepers
Apiculture
Hivonics
(2015, Wellington)
Beehives monitoring and management through IoT
Apiculture
Nectar
(2016, Montreal)
Real-time monitoring and analytic system for beehives
Apiculture
Keltronix
(2015, Santa Barbara)
A visual beehive and bee growth monitoring system
Apiculture
Apis Technology
(2016, Aveiro)
Integrated hardware and software solution for beehive monitoring &
infrastructure for beehive construction Apiculture
Sparkleton
(2016, Jesenice)
Sensors for beehive monitoring
Apiculture
Beezinga
(2012, Maribor)
Integrated solution for beehive monitoring and data analytic
Apiculture

Agriculture (3/26)
Total
Funding
paytm.com
The Yield
(2014, Sydney)
Developer of hardware and full stack system for precision aquaculture
KPMG, AgFunder, Bosch
Aquaculture $9.12M
4-Deep
(2008, Halifax)
Deep water imaging product and services for aquaculture, algae, oil and
gas & other industries
y GUANGZHOU BOSMA CORP
Aquaculture $500K
Eruvaka
(2012, Vijayawada)
Technology solution offering on-farm diagnostic equipment.
Omnivore Capital
Aquaculture
Acruxsoft
(2009, )
Fishing simulation software for precision fishing
Prosperitas Capital Partners
Aquaculture
eFishery
(2013, Bandung)
Fish feeding technology
Seedstars, Ideosource, Aqua Spark, ideaosource.com
Aquaculture
AquaCloud
(2015, San Mateo)
Analyzing water quality for real time actionable insights, Lemnos Labs
Alum
Lemnos Labs
Aquaculture
Nilebot
(2013, Cairo)
Water quality monitoring system for aquaculture
Orange, TIEC
Aquaculture
Marport Deep Sea
Technologies
(1997, Newfoundland)
Underwater sensing using sonar technology
Hastings Equity Partners, Admiralty Partners
Aquaculture

Agriculture (4/26)

Agriculture (5/26)

Agriculture (6/26)

Agriculture (7/26)

Agriculture (8/26)

Agriculture (9/26)

Agriculture (10/26)

Agriculture (11/26)

Agriculture (12/26)

Agriculture (13/26)

Agriculture (14/26)

Agriculture (15/26)

Agriculture (16/26)

Agriculture (17/26)

Agriculture (18/26)

Agriculture (19/26)

Agriculture (20/26)

Agriculture (21/26)

Agriculture (22/26)

Agriculture (23/26)

Agriculture (24/26)

Agriculture (25/26)

Agriculture (26/26)

Retail (1/21)
Total
Funding
paytm.com
S5 Tech
(2008, Legnano)
Internet connected shelf labels
A Ribea, Italian Angels For Growth
$1.80M
Pubinno
(2015, Istanbul)
Developing capabilities in beverage sector
Alchemist Accelerator, hub:raum, Momenta Partners
Idecca
(2013, Palo Alto)
Precision locating solutions
Global Brain
T-ink
Developer of solutions for inventory management in retail stores.
Silkron
(2004, Bayan)
Developer of smart vending solutions
Melvault
(2015, Hyderabad)
IoT platform providing solutions to various industries
IntelliCup
(2014, Cape Town)
Beverage dispensing solutions with integrated payment processing &
monitoring
Egburt
(2014, Starkville)
Develops edge computing based IoT products for monitoring and
analytics
Agriculture << Go to BM List >> Logistics

Retail (2/21)
Total
Funding
paytm.com
CryoWerx
(2013, Singapore)
Smart refrigerator for food management
Nomi
Platform for measuring in-store experience using analytics and
proximity marketing.
Accel Partners, First Round Capital, SV Angel, Eastward Capital Partners,
Greycroft Partners, Columbia Capital, Red Swan Ventures, Forerunner
Ventures, Horizon Technology Finance, Trinity Capital Investment, CAA
Ventures, INFORMATION
In-Store Analytics $13M
Placemeter
Platform that senses and unlocks data about activity in physical places
NEA, Qualcomm Ventures, TriplePoint Capital, Techstars, Correlation
Ventures, Kima Ventures, Collaborative Fund, FundersClub, blisce, Scrum
Ventures
In-Store Analytics $7.83M
Footmarks.com
Retail sensor based intelligence
Techstars
In-Store Analytics $3.64M
Dor
Device and platform for store traffic tracking
Bolt
In-Store Analytics $60K
Yunjinginc
(2015, Xian)
Indoor positioning system for retails stores and malls
IDG Capital Partners
In-Store Analytics
Semseye
(2013, Eindhoven)
Device to track people flow
Startup Scaleup, ChallengeUp, Momenta Partners
In-Store Analytics

Retail (3/21)
Total
Funding
paytm.com
Menvia
(2012, Porto Alegre)
Range of positioning & proximity solutions
In-Store Analytics
Sparkia
(2013, Mexico City)
In-store analytics
In-Store Analytics
IInside
(1998, Yorba Linda)
Indoor location analytics
In-Store Analytics
Euclid Analytics
(2010, Palo Alto)
Analytics for offline retail
NEA, Benchmark Capital, TriplePoint Capital, XG Ventures, Harrison Metal,
Ulu Ventures, Cox Enterprises, Gold Sky Capital, REV
In-Store Analytics > Software $43.60M
Plexure
In-store customer insights leading to increased sales
CMB, Incubasia Ventures, Vix Technology
In-Store Analytics > Software $9.69M
Zoyi
(2010, Seoul)
Platform for retail analysis
Stonebridge, FAST TRACK ASIA, Korea Investment Partners
In-Store Analytics > Software $650K
Instapio
(2014, Sunnyvale)
Location analytics platform
Kima Ventures
In-Store Analytics > Software $150K
Shopperception
(2011, Newark)
Off-line retail analytics
Alta Ventures, NXTP Labs, Dalus Capital
In-Store Analytics > Software

Retail (4/21)

Retail (5/21)

Retail (6/21)

Retail (7/21)

Retail (8/21)

Retail (9/21)

Retail (10/21)

Retail (11/21)

Retail (12/21)

Retail (13/21)

Retail (14/21)

Retail (15/21)

Retail (16/21)

Retail (17/21)

Retail (18/21)

Retail (19/21)

Retail (20/21)

Retail (21/21)

Logistics (1/3)
Total
Funding
paytm.com
Hi-G-Tek
(1989, Rockville)
Solution to track and monitor assets
Innovation Valley Partners, Battelle Ventures, L Capital Partners
Manufacturing $19M
Arniot
(2013, Bangalore)
Industrial automation and asset tracking solutions through IoT
Technology
Manufacturing
Freight Management
System
(2014, Hyderabad)
IoT-based solutions for supply chain and fleet management Manufacturing
Savi Technology
(1989, Alexandria)
Sensor data analytics for supply chain manangement
Accel Partners, TIBCO Software, United Parcel Service, Mohr Davidow
Ventures, Temasek, MHS Capital, TDF Ventures, IDA Singapore, SGS,
McLean Watson, Vector Capital, 1 Ventures Ltd, New Market Partners
Analytics $93.01M
CargoSense
(2012, Reston)
A big-data and SaaS company foccusing over optimization of logistics
networks
Center for Innovative Technology, MCD, New Dominion Angels, IrishAngels
Analytics $5.25M
telematics4u
(2009, Bangalore)
IoT-enabled solutions for transportation management
KITVEN Funds
Analytics $409K
PalleTech
(2014, Cambridge)
Asset Tracking using Pallets
Alchemist Accelerator, Climate-KIC
Pallet Trackers
Roambee
(2011, Santa Clara)
Shipment monitoring and tracking service
Deutsche Telekom Capital Partners
Tags $6.55M
Retail << Go to BM List >> Manufacturing

Logistics (2/3)

Logistics (3/3)

Manufacturing (1/9)
Total
Funding
paytm.com
Actyx
(2015, Munich)
Product development stage manufacturing tech start up
Smart Barrel
(2016, Miami Beach)
IoT based connected products for construction industry
OrgPal
(2015, Houston)
Hardware & software solutions for IoT applications
3DPlex
(2015, London)
Application development platform for Smart Manufacturing solutions
Vti Systems
(2012, Toronto)
Computer vision platform for manufacturing conformance
Sight Machine
Manufacturing Analytics platform
IA Ventures, OReilly AlphaTech Ventures, Pritzker Group, FundersClub,
Draper Nexus, Huron River Ventures, Mercury Fund, Michigan eLab, Third
Shore Group, GE Ventures, Orfin Ventures, Two Roads Group, Jump Capital,
eLab Ventures
Analytics $30.54M
MachineMetrics
(2014, Northampton)
Automated data collection and job performance monitoring for
manufacturing.
MassVentures, Bolt, Long River Ventures
Analytics $2.08M
Logistics << Go to BM List >> Oil & Gas

Manufacturing (2/9)

Manufacturing (3/9)

Manufacturing (4/9)

Manufacturing (5/9)

Manufacturing (6/9)

Manufacturing (7/9)

Manufacturing (8/9)

Manufacturing (9/9)

Oil & Gas (1/2)
Total
Funding
paytm.com
Loci Controls
(2012, Boston)
Smart technology for landfills
Bolt, Massachusetts Clean Energy Center, MassChallenge, LaunchCapital,
Converge Venture Partners
$1.82M
OspreyData
(2013, San Juan Capistrano)
Data based optimization for Oil & Gas industry
Frost Data Capital
Wellkeeper
(2001, Albuquerque)
Remote Monitoring services in oil field
Verge Fund
Rheidiant
(2014, Houston)
Solution for pipeline infrastructure monitoring
ZenUp S.R.L.
(2014, Navacchio)
Solution to monitor gas consumption
LogiLube
(2013, Laramie)
IoT sensors based asset condition monitoring for oil & gas
Tachyus
(2013, Palo Alto)
Hardware and software for oil production optimization
Founders Fund, Formation 8, Slow Ventures, Huron River Ventures,
Caffeinated Capital, Focus VC, Streamlined Ventures, Cota Capital, StartX,
Haystack Partners
Production Optimization
Solutions
$25.83M
Seismos
(2012, Austin)
Data analytics, software, and imaging Company for oil & gas production
Javelin Venture Partners, Osage University Partners, Kemal Farid
Production Optimization
Solutions
$4M
Manufacturing << Go to BM List >> Marine

Oil & Gas (2/2)
Manufacturing << Go to BM List >> Marine

Marine
Oil & Gas << Go to BM List >> BFSI

BFSI
Marine << Go to BM List

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
180
Contents

Team
Aakanksha Hajela
Lead Analyst – Technology Global

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