Infinite Uptime's Latest Funding Round

Infinite Uptime, a leading IoT platform specializing in predictive maintenance for industrial machinery, has successfully raised $35 million. This significant investment was led by Avataar Ventures, with contributions from StepStone Group, LGVP, and existing investors Tiger Global and GSR Ventures.

Innovating Industry 4.0 Solutions

With a focus on Industry 4.0 solutions and digital-centric methodologies, Infinite Uptime is at the forefront of developing proactive maintenance protocols. The company's innovative approach serves a wide range of manufacturing sectors, including cement, steel, metals & mining, FMCG, and chemicals.

Global Impact and Future Plans

Infinite Uptime's patented piezo-electric sensing technology and contextualized process data have delivered 99.9% user-validated accurate predictions in the process industry. Serving 800 plants across 26 countries, the company plans to use the new funding to accelerate its global service portfolio and invest in a next-generation plant operating system. This system aims to securely integrate operational and equipment data to enhance plant reliability, productivity, and energy efficiency.

Leadership and Vision

Raunak Bhinge, founder of Infinite Uptime, emphasizes the company's commitment to driving innovation in digital manufacturing intelligence. Shobhit Gupta, Principal at Avataar Ventures, highlights the exponential growth potential of the Industry 4.0 market, driven by digital transformation spending on advanced AI and IoT technologies.

Proven Results and Customer Satisfaction

Infinite Uptime's full-stack offering has led to significant improvements for its customers, including 74,274 hours of downtime savings, a 99% reduction in unplanned downtime, and a 5% to 10% improvement in productivity, energy efficiency, safety, and compliance.