Sensoteq

Sensoteq is a UK-based startup focusing on providing smart sensing solutions for the manufacturing industry. Founded in 2016, the company's industry-leading solutions aim to optimize machine performance, reduce energy wastage, and extend machine lifespan in challenging industrial environments. Sensoteq's advanced wireless condition monitoring technologies enable Industrial Internet of Things (IIoT) fault diagnosis and predictive maintenance, with a vision to eliminate costly downtime incidents. The company's recent £3.10M Venture Round funding on 14 November 2023 from Techstart Ventures and Maven Capital Partners signifies confidence from established investors in Sensoteq's potential. The investment reflects acknowledgment of the value proposition offered by Sensoteq in revolutionizing machine reliability solutions for the manufacturing sector. Sensoteq's product offerings boast unique wireless technology, providing exceptional range, battery life, and performance in addition to plug-and-play installation. Notably, their sensors offer tri-axial vibration and temperature monitoring, screen motion, thermography, and a 10kHz wireless sensor, empowering clients with comprehensive data for informed decision-making. The company's focus on wireless predictive maintenance practices aligns with industry shifts towards proactive and data-driven maintenance strategies. As the manufacturing industry continues to embrace digital transformation and automation, Sensoteq's innovations play a pivotal role in enabling companies to leverage wireless condition monitoring for operational efficiency and proactive maintenance. The recent funding round not only provides financial support for the company's growth but also signifies the industry's recognition of Sensoteq's potential to drive impactful change in the manufacturing landscape.