Samotics is a Netherlands-based startup established in 2015 that aims to tackle the challenges of unplanned downtime and energy waste for global industrial companies. The company offers real-time actionable insights to optimize performance and energy efficiency of AC motors and rotating equipment. Its AI-driven platform, developed by a team of data scientists, software developers, and technical specialists, has attracted notable industrial players such as Anglian Water, ArcelorMittal, and Nobian. The last notable funding round for Samotics took place on 22 September 2022, with ABB participating as a Corporate Round investor. With a focus on AI, Analytics, Automation, Enterprise Software, and Information Technology, Samotics is strategically positioned to continue providing innovative solutions for the industrial sector, addressing critical issues and attracting interest from major industry leaders.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | Unknown | 1 | ABB | 22 Sep 2022 |
Series A | €14.50M | 1 | 13 Dec 2021 | |
Venture Round | €5.00M | - | 02 Mar 2021 | |
Venture Round | €6.40M | - | 15 Oct 2019 | |
Series A | €2.10M | - | 07 Jun 2018 |
No recent news or press coverage available for Samotics.