Get the latest tech news
Infinite Uptime bags $35M to help factories optimize equipment usage
Infinite Uptime, which offers predictive maintenance solutions for factories, has raised $35 million in a Series C round to expand its footprint in the U.S.
Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets. “We give manufacturers pinpointed recommendations and intervention points, exactly what needs to be done in the plant, what parameters need to be looked at, which asset needs to be corrected,” Infinite Uptime’s founder Raunak Bhinge told TechCrunch. Cumulatively, Infinite Uptime says its solutions have helped customers see downtime savings of 74,274 hours as well as 5% to 10% improvement in productivity, energy efficiency, safety, and compliance.
Or read this on TechCrunch