Thousands of new startups are founded every year – emerging companies with the potential to disrupt industry 4.0. To give you a head-start on emerging technologies and startups that will impact industry 4.0 in 2022, we analyzed a total of 580 global industrial Internet of Things (IoT) startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Top Industrial IoT Startups to Watch in 2022
Out of 580, the 5 industrial IoT (IIoT) startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 industrial IoT startups you should watch in 2022 as well as the geo-distribution of the other 575 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted industrial IoT startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
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Spotsie provides Real-Time Asset Location
Founding Year: 2019
Location: Zagreb, Croatia
Funding: USD 676 000
Partner for: Asset Monitoring
Spotsie is a Croatian startup that offers an IoT-based solution for real-time asset positioning in explosive environments and large indoor spaces. The startup combines battery-independent low energy beacons that collect location data and cloud-based analytics to track asset location and generate key insights. This allows oil, energy, and construction companies to gather real-time asset location data with minimal operational and maintenance costs. Since Spotsie’s system is tailored for indoor environments, it mitigates the location inaccuracies in global positioning system (GPS)-based solutions due to walls and buildings. The solution also provides work logs as well as real-time alerts on zone breaches, inactivity, or falls. This allows project managers to prevent accidents in the work environment while improving contractor or employee performance.
H2Ok Innovations facilitates Industrial Liquid Monitoring
Founding Year: 2020
Location: Boston, US
Partner for: Liquid System Optimization
H2Ok Innovations is a US-based startup that provides an IoT-enabled platform to optimize industrial liquid systems. It combines optical sensing, cloud computing, and machine learning to measure liquid parameters, like color and fat measurement data, in real-time. For this, the startup deploys its sensor, AquaSensor, throughout pipes, tanks, and other liquid processing machinery. Unlike existing liquid control systems that lack real-time condition monitoring, H2Ok Innovations’ solution allows floor operators to maintain optimal conditions for industrial liquids. It also provides manufacturers with granular visibility into liquid and liquid-adjacent systems, improving operational decision-making while reducing resource and operating costs.
Grizit advances Lubrication Monitoring
Founding Year: 2020
Location: Leuven, Belgium
Funding: USD 54 600
Partner for: Intelligent Industrial Fittings
Belgian startup Grizit offers connected devices for lubrication monitoring in industrial and mission-critical equipment. Manual greasing often leads to over or under lubrication of machines, leading to expensive repairs and equipment downtimes. The startup mitigates these issues by developing an intelligent grease fitting with a built-in temperature sensor. Grizit also offers a grease gun extension that monitors flow, pressure, and temperature during greasing to enable better control over the lubrication process. These devices allow machine operators to ensure optimum lubrication levels while reducing wastage. Furthermore, the startup’s software consolidates the device data and provides predictive insights to streamline maintenance operations.
Triotos enables Industrial Systems Monitoring
Founding Year: 2020
Location: Parsippany, US
Partner for: IIoT Integration, Site Monitoring
Triotos is a US-based startup that offers industrial system monitoring solutions. Many plug-and-play IIoT systems in the market need proprietary software and control systems that increase the cost of service. On the other hand, the startup’s location tracking solution, m-Tracker, leverages low-cost cellular connectivity and overlay systems monitoring to cut down this cost. It integrates with existing installations and sites without massive investment or integration costs. Triotos’ platform is scalable and provides asset, product, and site monitoring for the manufacturing sector.
CyAmast offers IoT Network Security
Founding Year: 2020
Location: Sydney, Australia
Funding: USD 1 M
Partner for: IIoT Cybersecurity
Australian startup CyAmast provides a cybersecurity solution for industrial IoT networks. Unlike systems that look for pattern matches using signature-based analysis, the startup’s solution analyzes the network traffic behavior of each device while being less resource-intensive and more secure. CyAmast’s solution detects IoT devices in a network using AI, machine learning, and deterministic models. After classifying each device, the solution deploys passive and active monitoring to detect deviations from intended behaviors, facilitating risk or fault identification. This improves visibility and forensic intelligence into the IoT network, allowing IT teams and manufacturers to mitigate network disruptions, downtimes, and operational inefficiencies.
Discover All Emerging Industrial IoT Startups
The 580 industrial IoT startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
