Out of 921, the Global Startup Heat Map highlights 5 Top Manufacturing Risk Management Startups
Startups such as the examples highlighted in this report focus on worker safety, cybersecurity, quality management, and market risks. While all of these technologies play a significant role in advancing manufacturing, they only represent the tip of the iceberg. This time, you get to discover five hand-picked manufacturing risk management startups.
The Global Startup Heat Map below reveals the geographical distribution of 921 exemplary startups & scaleups we analyzed for this research. Further, it highlights five manufacturing startups that we hand-picked based on scouting criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 916 manufacturing risk management solutions, get in touch with us.
DeNexus identifies Industrial Cyber Risks
Founding Year: 2019
Location: Sausalito, US
Funding: USD 16 M
Collaborate with DeNexus for Cyber Risk Management
US-based startup DeNexus develops a cybersecurity platform that quantifies and manages cyber risk exposure for industrial setups. The startup’s cloud-based platform, DeRISK, uses evidence-based data to predict where and how breaches are likely to occur. It also identifies the impact of such breaches and recommends mitigation actions. This way, DeNexus allows manufacturing companies to reduce cyber risk exposure and maintain compliance with cyber insurance policies.
Cognitica AI aids Worker Safety Monitoring
Founding Year: 2018
Location: Coimbatore, India
Innovate with Cognitica for Industrial Safety Risk Assessment
Indian startup Cognitica offers artificial intelligence (AI)-based products that monitor worker safety and identify safety risks in industrial environments. The startup’s human presence detection module, Falco, tracks operator presence in safety zones. It records safety incidents and near-misses within the safety zone for documentation, review, and reporting purposes. Falco also monitors personal protection equipment (PPE) and mask compliance in real-time. It works alongside access control systems to enforce safety in the work area.
Surveily enables Quality Risk Mitigation
Founding Year: 2019
Location: Wrocław, Poland
Funding: USD 600 000
Innovate with Surveily for Automatic Quality Control
Polish startup Surveily provides an AI-based solution for automatic process supervision, detection, and identification of production line defects. It utilizes computer vision to detect anomalies in both products and processes. The solution’s process control feature verifies if all necessary human-machine-product interactions are in place. This enables manufacturing companies to reduce operating costs and the risk of shipping defective products.
Rovenso simplifies Industrial Safety Monitoring
Founding Year: 2016
Location: Villaz-St-Pierre, Switzerland
Funding: USD 2,8 M
Use this solution for Autonomous Security Robots (ASR)
Swiss startup Rovenso provides agile robots for the security and safety monitoring of industrial sites. The startup’s fully autonomous robots patrol inside and outside industrial buildings at night, detecting intrusions, thefts, and anomalies such as liquid leaks or system dysfunctions. The startup’s robotic solution, ROVéo, performs multi-modal sensor fusion by combining 3D laser scanning, night vision, and acoustic analysis. The highly sensitive system in this way protects critical assets in sensitive manufacturing against vandalism or terrorist acts.
ChAI aids Commodity Price Risk Management
Founding Year: 2017
Location: London, UK
Funding: USD 1,9 M
Partner with ChAI for Commodity Market Foresight
ChAI is a UK-based startup that uses AI to provide commodity market intelligence. The startup’s platform collects data related to the commodity market and enables companies to reduce operating costs and manage commodity price risks. It pinpoints when to buy key raw materials, identifies the best time to hedge, and secures more favorable contracts with suppliers. This protects manufacturing units from the price volatility of the commodities market.
Where is this Data from & how to Discover More Manufacturing Startups?
Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the manufacturing industry. The insights of this data-driven analysis are derived from our Big Data & AI-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & lets you scout relevant startups within a specific field in just a few clicks. To explore manufacturing technologies in more detail, let us look into your areas of interest. For a more general overview, download our free Manufacturing Innovation Report to save your time and improve strategic decision-making.