Building the next generation of digital industry leaders
We invest in companies that have the potential to reshape markets or disrupt existing industries. Our Venture Industrialists seek out innovators who are developing unique, proprietary technological or scientific solutions that have the potential to disrupt existing industries. To assist the success of our portfolio, we combine our capital resources with our extensive network of partners and investors. We don’t simply finance companies. We work with them to achieve lean, smart, and long-term growth that leads to a successful exit. We also work with financial investors that share our vision.
Our commitment is to support the next generation of digital and deep tech innovators and disruptors who are building the future of industry. By investing in cutting-edge industrial technologies and solutions, we aim to drive sustainability, reduce environmental impact, and enhance efficiency in these critical sectors.
120+
Investments
60+
Portfolio Companies
15
Exits
$100M+
Asset Under Management
Meet the Founders Shaping Tomorrow’s Industry.
VIEW:
Agtonomy
smart spaces
Milestones:
Founded: 2021
HQ:
San Francisco
Founders:
Tim Bucher
Agtonomy is an Operator of a hybrid autonomy and tele-assist service platform intended to address the massive labor crisis gripping local farm and land maintenance operations. The company partners with established equipment manufacturers to transform tractors and agriculture machines into autonomous and remote-controlled equipment that is accessible to local farmers, enabling data-driven services that empower local farmers to make continuous improvements while working against tight budgets and seasonal challenges.
AKUA
smart spaces
Milestones:
Founded: 2015
HQ:
Baltimore MDF
Founders:
Neil Furukava
AKUA delivers actionable, real time, and secure business intelligence to cargo owners. AKUA combines the industry’s most advanced tracking devices, tamper-resistant and tamper-evident multi-layer security, and in-transit analytics into a seamless cloud-based solution.
Alleantia
manufacturing
Milestones:
Founded: 2011
HQ:
Pisa, Italia
Alleantia seamlessly interoperates with industrial legacy infrastructure and connects existing assets to systems and processes, enabling enterprises to extract relevant insights and make them available to cloud applications.
Aperio
horizontal solution
Milestones:
Founded: 2017
HQ:
Boston, Massachusetts
Aperio is the leader in operational data integrity. The company provides AI-powered data observability and quality solutions to help customers drive profitable and sustainable operations. They aim to become a system of record, prioritizing critical data issues related to data quality, sensor monitoring, and data wrangling.
ATYM
horizontal solution
Milestones:
Founded: 2023
Invested: 2024
HQ:
Austin, TX
Founders:
Jason Shepherd,
Stephe Berard
Developer of an edge orchestration technology designed to leverage device containerization to increase safety, security, and IP protection. The company's technology isolates application containers on top of a common abstraction runtime that's uniquely optimized for MCU and CPU-based edge devices that have as little available memory and provides an ideal foundation for building software-defined products and services for both consumer and industrial use cases, enabling developers to easily build, deploy, manage, and secure containerized applications on resource-constrained edge devices at scale.
Axino
smart spaces
Milestones:
Founded: 2011
HQ:
Solothurn, Switzerland
Axino Solutions AG is a leading provider of automated food safety solutions. Axino integrates advanced sensor technology with proprietary AI analytics and management software to solve quality management and safety challenges in the food wholesale and retail sector.
Axiom Cloud
smart spaces
Milestones:
Founded: 2020
HQ:
San Jose, CA
Axiom Cloud’s mission is to use software and automation to transform how the world’s cooling systems are powered, operated, and maintained to generate significant climate and financial impact. Axiom’s team of refrigeration experts, data scientists, energy experts, and software developers solves retail grocery’s biggest energy and maintenance challenges by layering intelligence onto their existing refrigeration systems. Axiom Cloud addresses the root causes of retail grocery’s biggest energy and maintenance challenges, tapping into data streams from thousands of sensors that already exist at retail grocery stores.
Chem Tech
manufacturing
Milestones:
Founded: 2018
HQ:
New York, US
Chem Tech AI is a provider of Artificial Intelligence (AI) based productivity solutions to automate complex continuous manufacturing processes in the petrochemical, food and cosmetics industry.
Composabl
horizontal solution
Milestones:
Founded: 2023
HQ:
Walnut Creek, California, US
Composabl is a Walnut Creek-based startup. Founded by Microsoft veterans Kence Anderson and Xavier Geerinck, Composabl has developed a production platform that empowers engineers to create intelligent autonomous AI systems to manage complex industrial processes.
EXIT
Continual
smart spaces
Milestones:
Founded: 2013
HQ:
Caesarea, Israel
Continual provides Mobile Network Operators and Connected Car/Device manufacturers with a unique toolset for analyzing and improving the connected journey experience by utilizing AI and advanced machine learning.
Conservation Labs
smart spaces
Milestones:
Founded: 2016
HQ:
Brownsville, PA, US
Conservation Labs is a provider of solutions to monitor water consumption, detect leaks, and provide insights that help customers optimize conservation measures. Their H2know platform combines an easy to install sensor with leading AI-driven analysis software to provide near real-time information on customers’ water consumption.
Create DB
manufacturing
Milestones:
Founded: 2013
HQ:
San Francisco, California, US
CrateDB’s scalable and versatile database support the large scale of web, mobile and IoT applications with use cases ranging from smart factories and manufacturing, smart cities applications, geospatial tracking, and cybersecurity.
CubeWorks
supply chain
Milestones:
Founded: 2013
HQ:
Ann Arbor, MI
Today, with the development of the CubiSens™ platform, CubeWorks brings to market a portfolio of ultra-low-power, ultra-small wireless smart sensors. These sensors offer limitless potential across a broad range of applications and provide access to mission-critical information exactly when and where it is needed.
DataHow
manufacturing
Milestones:
Founded: 2017
HQ:
Zurich, Switzerland
Founders:
Dr. Alessandro Butté
Dr. Michael Sokolov
Dr. Fabian Feidl
DataHow has pioneered the development of AI-powered bioprocess models and methods and applied them to bioprocess development objectives. DataHowLab is our holistic bioprocess solution that embeds these technologies and methods within a user-friendly, cloud-based environment to help process scientists reach and exceed their process development goals
Decision Engines
horizontal solution
Milestones:
Founded: 2017
HQ:
Palo Alto, California, US
Decision Engines is an intelligent process automation startup utilizing the power of AI to put business processes on “auto-pilot”. Decision Engines offers a cloud platform that provides end-to-end process automation, replacing manual tasks by using an AI engine capable of handling exceptions and working synergistically with humans.
dizmo
energy
Milestones:
Founded: 2013
HQ:
Zurich, Switzerland
Dizmo’s Integration of Things platform enables the development, execution and governance of integration flows connecting any combination of on premises and cloud-based processes, services, applications and data within individual or across multiple organizations.
Edge Impulse
horizontal solution
Milestones:
Founded: 2019
HQ:
San Jose, CA
Founded by Zach Shelby and Jan Jongboom, Edge Impulse is the go-to platform for embedded machine learning (TinyML). Edge Impulse is well positioned to become a leader in edge intelligence, leveraging the convergence of low-cost, high-performance microprocessors and low-power, wide area networks such as LoRaWAN®, to create intelligent, extremely low-power and wireless devices. Edge Impulse is on a mission to enable developers to create the next generation of intelligent devices using embedded machine learning in industrial, enterprise and human centric applications.
Eigen Innovations
manufacturing
Milestones:
Founded: 2012
HQ:
Fredericton, Canada
Eigen provides AI solutions for manufacturing. Eigen leverages sensor and computer vision insights from across the factory floor using its unique deep machine learning algorithms to improve process efficiencies at a machine by machine level and quality assurance.
Embedor Technologies
supply chain
Milestones:
Founded: 2014
HQ:
Champaign, Illinois, US
Embedor Technologies has developed a smart sensor platform to monitor structural health of civil infrastructure, capable of sensing at multiple scales to facilitate reliable, real-time structural condition assessment for extreme events and long-term deterioration.
Equipment Share
smart spaces
Milestones:
Founded: 2014
HQ:
Columbi, MO, US
EquipmentShare is a leading provider of solutions that restore visibility and transparency across construction job sites so contractors can get more accomplished. The company’s mission is to offer contractors a better way to manage mixed construction fleets leveraging technology solutions to work smarter and more efficiently and increase productivity.
FIXPOSITION
supply chain
Milestones:
Founded: 2017
HQ:
Zurich, Switzerland
Fixposition is on a mission to simplify autonomous navigation by increasing reliability and availability of precise positioning. The company develops deep sensor fusion of RTK-GNSS, IMU, and computer vision to ensure high-reliability of centimeter-accurate positioning in all types of environments, even where other systems fail. This technology enables new players to participate in the autonomous robot market and expands the operational opportunities of autonomous robots. Fixposition aims to make an impact and drive the democratization of autonomous solutions.
Fleet Space
energy
Milestones:
Founded: 2015
HQ:
South Australia
Fleet Space Technologies is building the global digital nervous system to power the next industrial revolution. Founded in South Australia in 2015, Fleet was created by aerospace engineers who wanted to solve the issue facing businesses globally over the next decade: how to connect billions of sensors and devices, simply and cheaply.
EXIT
Freewire
energy
Milestones:
Founded: 2014
HQ:
San Leandro, California, US
FreeWire has developed a connected, intelligent, multipurpose mobile formfactor for energy storage. With its innovative business model and technology, FreeWire has taken a prime position in the electric genset and mobile EV charging space.
EXIT
Geli
energy
Milestones:
Founded: 2010
HQ:
San Francisco, California, US
Geli is the go-to internet of energy solution for distributed resource management. Its end-to-end software platform streamlines the energy storage development process, offering the industry’s only solution for design, automation, and management.
HighByte
horizontal solution
Milestones:
Founded: 2019
HQ:
Portland, Maine
HighByte is making industrial data useful so manufacturers can rapidly and securely scale their Internet of Things (IoT) projects from pilot to production. The company has developed the first DataOps solution purpose-built to meet the specific requirements of industrial assets, products, and processes at the Edge.
InSkill
manufacturing
Milestones:
Founded: 2016
HQ:
Mansfield, Massachusetts, US
InSkill is the world’s first Autonomous Support platform. It uses data-driven AI to identify and answer customer queries, all without human intervention, and addresses the low effectiveness and high cost of traditional customer support by continuously monitoring IoT products and providing preventative maintenance, warning clients or service engineers about potential issues that may occur, and providing possible solutions.
Kolmostar
smart spaces
Milestones:
Founded: 2018
HQ:
Fremont, CA
Kolmostar is a positioning technology company that is reinventing the industry’s GNSS (GPS, Beidou, etc) positioning approach to achieve ultra-low-power (sub-mW) and high-precision (centimeter-level) positioning in harsh metropolitan environments for Internet-of-Things devices and autonomous vehicles. Kolmostar’s solutions integrate advanced silicon technology, cutting-edge high-dimension statistical signal processing, as well as high-performance cloud computing to reduce GNSS sensors’ positioning errors and power consumption, making centimeter-accurate position services universally accessible for billions of humans and intelligent machines.
Litmus
manufacturing
Milestones:
Founded: 2013
HQ:
San Jose, California, US
Litmus provides a secure platform for enterprise IIoT that allows users to connect, manage and integrate and in an harmonized way from edge to cloud and bridge the gap between operational data and business applications.
Luffy Ai
manufacturing
Milestones:
Founded: 2019
Invested: 2024
HQ:
Abingdon, UK
Luffy Al utilises its unique adaptive Al framework to provide software control system solutions for industrial processes and robotic systems. We work with your team to develop system models and train an adaptive Al to handle uncertainties, machine tolerances and unexpected scenarios, while simultaneously and continuously optimising for your key performance metrics.
Minds.ai
manufacturing
Milestones:
Founded: 2014
HQ:
Santa Cruz, California
Minds.ai is on a mission to completely transform the semiconductor industry by ingeniously combining generative AI with Reinforcement Learning. The company created the DeepSim platform, combining powerful AI tools into an engine that takes reinforcement learning out of the lab and into the real world so that it can be applied to complex semiconductor fabrication processes.
EXIT
Mutable
smart spaces
Milestones:
Founded: 2013
HQ:
New York, NY
Mutable is a revolutionary micro-service and edge-cloud solution that creates a very low-latency edge-cloud across local micro-datacenters and enables the efficient deployment of micro-services across this new compute resource.
EXIT
Nano Things
supply chain
Milestones:
Founded: 2013
HQ:
San Jose, California, US
NanoThings provides an inexpensive active temperature and location monitoring tag at a price point which makes it already disposable for high value use-cases. The tag and the software stack are being built to be application-agnostic and the company, along with its partners, is working to make the tag radio-agnostic, thus expanding verticals and use-cases that the solution can address.
EXIT
Nubix
horizontal solution
Milestones:
Founded: 2013
HQ:
San Jose, California, US
Nubix provides an edge compute architecture that makes it easy to develop and deploy IoT and edge applications. The Nubix platform runs on the tiniest compute devices (MCU’s and MPU’s), enabling developers to easily process data on sensor devices where the data is created and not on fog or cloud systems.
Nwave
smart spaces
Milestones:
Founded: 2012
HQ:
Los Gatos, California, US
Nwave leverages their revolutionary wireless Low Power Wide Area Networking (LPWAN) infrastructure service, accurate sensors, advanced analytics, and mobile and web app partners to create a suite of smart parking services for parking resource owners, managers, and drivers.
Overview AI
manufacturing
Milestones:
Founded: 2018
HQ:
San Francisco, California
Overview is on a mission to make automated visual inspection more accessible, affordable, and scalable for manufacturers. The company’s computer vision inspection platform enables quality control and industrial traceability. Overview collaborates with manufacturers to provide vision systems that detect faulty parts and a searchable database of component faults. The solution enables manufacturers to identify the source of problems quickly, typically saving millions of dollars per facility each year.
ParkourSC
supply chain
Milestones:
Founded: 2014
HQ:
San Jose, California
Founders:
Mahesh Veerina
ParkourSC delivers against business imperatives to significantly increase product availability and response to market changes leveraging digital technologies like IoT, ML, and advanced analytics.
EXIT
Parquery
smart spaces
Milestones:
Founded: 2014
HQ:
Zurich, Switzerland
Parquery has developed an industry leading computer vision platform uniquely able to work with off-the-shelf cameras to bring visibility and automation across several industries, including Smart Parking.
Phantasma Labs
manufacturing
Milestones:
Founded: 2018
HQ:
Berlin, Germany
Phantasma Labs has pioneered the development of reinforcement learning-based AI models and applied them to complex production planning objectives. Our decision support system is a holistic solution that integrates these advanced AI technologies within a user-friendly, scalable platform, enabling factories to make smarter and faster operational decisions.
Phantasma’s models provide real-time insights to optimize production planning without requiring vast data, making them accessible to companies of all sizes. Our platform helps enterprises navigate dynamic challenges—such as fluctuating demand and capacity constraints—ensuring they can consistently meet and exceed their production targets.
PICO MES
manufacturing
Milestones:
Founded: 2019
HQ:
Redwood City, California
Pico MES, is a Redwood City-based startup enabling digital transformation for small to medium-sized factories and empowering them to digitize and connect supply chains, addressing the industry's pressing need for digital solutions.
EXIT
Plat One
manufacturing | smart spaces
Milestones:
Founded: 2015 Acquired: 2016
HQ:
Palo Alto, CA
PLAT. ONE is a renowned developer of enterprise-grade software and industrial solutions. PLAT. ONE has established itself as the platform of choice for connected applications in major Telecoms, System Integrators and global industrial equipment companies.
Pulse Industrial
energy
Milestones:
Founded: 2017
HQ:
Waterloo, ON, Canada
Pulse Industrial is digitizing industrial steam systems with smart, easy to deploy sensors. More specifically, Pulse provides real-time alerts for failures in ‘steam traps’, which would otherwise go unseen. By managing these failures, industrial plants can reduce energy loss, reduce CO2 emissions, and even avoid downtime on chemical production.
Raven
manufacturing
Milestones:
Founded: 2013
HQ:
Ottawa, ON, Canada
Raven Telemetry has developed a new approach to help manufacturing businesses optimize operations. Their software combines machine data and operator inputs to provide a clear timeline for OEE and production losses: Contextualized Time.
EXIT
Semseye
manufacturing | energy
Milestones:
Founded: 2013
HQ:
Lithuania
SEMSEYE provides in-store footfall analytics to Bricks and Mortar Retailers as well Shopping Malls, Casinos, Museums, Libraries and Smart buildings. It provides in-store, plug-n-play, smart SEMSEYE sensors and displays with a complete open IoT Cloud based SEMSEYE platform, to bring sophisticated in-store performance capabilities. In doing so, SEMSEYE helps to measure and improve their performance with real-time footfall information mashed with relevant contextual data such as weather, loyalty programs, POS, Omni channel and even Media content.
EXIT
Senaya
supply chain
HQ:
Boston, MA
Senaya is a M2M (Machine to Machine) supply chain technology company who provides advanced SaaS (Software as a Service) cloud based asset tracking solutions that leverage cellular and other standard communication technologies.
EXIT
Senseye
manufacturing
Milestones:
Founded: 2015
HQ:
Southampton, United Kingdom
Senseye is a leading cloud software provider for Predictive Maintenance. Its intelligent machine-learning algorithms automatically diagnose failures and provide the remaining useful life of industrial equipment.
Sensewaves
energy
HQ:
Paris, France
Sensewaves has created a new generation streaming analytics platform to launch modular vertical products. Adaptix.grid helps energy distributors identify potential failures in the energy grid at no upfront cost.
Shoreline
energy
Milestones:
Founded: 2020
HQ:
Campbell, CA
Founders:
Kishore Magnhnani
Mark Stubbs
Vinayak Bhide
Shoreline provides a Connected Asset Performance Management (APM) solution that enables asset-intensive industries to connect all their assets to manage performance, improve efficiency, reduce maintenance costs, extend equipment useful life by decades and unlock rich operational data.
Sight Machine
manufacturing
Milestones:
Founded: 2012
HQ:
San Francisco, California, US
Sight Machine offers a manufacturing software platform that leverages AI to improve quality and efficiency across your enterprise. Sight Machine already works with some of the world’s largest manufacturers in automotive, life sciences and consumer goods, helping them turn data from the factory floor into actionable insight and creating a digital factory of the future.
Smartex
manufacturing
Milestones:
Founded: 2018
HQ:
Porto, Portugal
Smartex is a computer vision/AI startup targeting quality control in continuous manufacturing processes. Smartex’ product is instrumental in helping manufacturers transition to automated quality control during the manufacturing process, instead of manual roll-to-roll inspection long after the manufacturing process was completed.
Soofa
smart spaces
Milestones:
Founded: 2014
HQ:
Cambridge, Massachusetts, US
Soofa's mission is to update the urban context for a mobile world by developing technology to help urban dwellers take the pulse of their city, in real time. They have developed a connected bench and a sensor platform for data analysis and insights to improve public spaces, enabling applications including street level activity monitoring, event attendance or pedestrian traffic in multiple locations across a community.
Sprayvision
manufacturing
Milestones:
Founded: 2018
Invested: 2024
HQ:
Ostrava, Czech Republic
Founders:
Petr Jahn
Vojtěch Roul
SprayVision’s intelligent coating solution enables dynamic process control and optimization of paint lines. Their innovation significantly reduces time, scrap, paint waste, and emissions. With a simulation prediction accuracy of over 98%, SprayVision empowers customers to accelerate the transition from automation to autonomous operations. The company’s solutions support customers from digitizing manual processes to enhancing automation environments where human-robot collaboration is integrated into fully autonomous operations.
EXIT
SST Wireless
smart spaces
Milestones:
Founded: 2018
HQ:
Richmond, Canada
Founders:
Christopher Chong
SST engineers, manufactures and distributes industrial wireless sensor technologies and services to remove the barriers to Industrial IoT for any size of organization by delivering simple, easy to deploy sensors & gateways. The benefit to their customers is immediately evident with new insights into machine condition over time.
EXIT
Thingstream
horizontal solution
Milestones:
Founded: 2017
HQ:
Zurich, CH
Thingstream is an end-to-end solution for low power IoT applications using GSM, LoRa and Wifi technology over MQTT. By providing compatibility with each protocol, Thingstream is a one-stop-shop for IoT device & data management. In addition to simplifying connectivity, Thingstream’s platform provides a data organization and formatting platform and integration with standard enterprise platforms. This allows customers to spend more time building products and less time worrying about their devices.
EXIT
ThingWorx
manufacturing
Milestones:
Founded: 2009 Acquired: 2013
HQ:
Exton, PA
The ThingWorx an award-winning IoT platform is a collection of modules that deliver the flexibility, capability, and agility establishment required to implement IoT applications. ThingWorx empowers businesses to develop and deploy powerful applications rapidly and augmented reality (AR) experiences.
Tvarit
manufacturing
Milestones:
Founded: 2019
HQ:
Frankfurt, Germany
Tvarit is a Frankfurt-based startup targeting zero-waste manufacturing. The company has developed an AI-powered solution for the metal manufacturing industry. Tvarit’s software helps manufacturers collect, analyze, and interpret data in real-time to make informed decisions that improve efficiency, reduce cost, and enhance product quality.
Xage Security
horizontal solution
Milestones:
Founded: 2017
HQ:
Palo Alto, California, US
Xage has developed a security solution for authentication and access control which leverages distributed ledger technology. It provides a secure edge fabric for trusted interactions between people, machine and systems, while storing in a distributed fashion all security-related information.
Waste Hero
smart spaces
Milestones:
Founded: 2017
HQ:
Aarhus, Denmark
Waste Hero is an end to end IoT-enabled waste collection solution powered by smart sensors and a routing algorithm allowing cities and businesses to more easily manage and collect waste. Businesses save money with more efficient pickups without overflowing bins or too many pickups and are able to meet green initiatives set by city and country governments. Cities meanwhile save money on inefficient routing of pickups, excess CO2 emission while avoiding overflowing bins of customers or contaminated streets due to trash being left out.
In every industry there is a firm - often discreet - that everyone knows, trusts and holds in uniformly high regard. For Connected Industry, Momenta is that firm.
The team at Momenta knows how to deliver next generation technology due to their extensive expertise in the connected product market. We could not be more pleased to partner with them as we deliver on our mission to put customers back at the center of the support experience.
Momenta isn't like everyone else, they aren't followers. They see and believe what will be next and make big bets. Momenta's tech focused team also make valuable connections, both with hires and customers that can lift the company up. They act on what will move the industry forward and build a more connected world.
It has been a long journey for Parquery and Momenta has been highly supportive since the very beginning, The Momenta team has provided exceptional business/market expertise, valuable startup environment insights, and general wisdom.
Fleet has a big vision to enable IIoT everywhere on Earth using LPWAN technologies with nanosatellites. Such a bold vision will only come together with a team like Momenta next to us. Their understanding of the market, present and future, and our customers’ evolving needs is equal to none and they really believe in us as founders, our team and our technologies.
Momenta’s network has been highly valuable to AKUA. Momenta’s leadership involvement in the IoT ecosystem has provided valuable insight and key connections as we position for continuing growth.
I’m very grateful for having had the opportunity to work with Momenta. While most investors claim to be smart money, Momenta delivered with their deep understanding of digital industry, relevant networks and focused growth services.
Explore the latest innovations and industry leaders we've partnered with, and see how we're driving Industrial Impact® across key sectors.