Sensoteq designs and manufactures a range of wireless sensors for the condition monitoring market. These sensors help track critical parameters such as temperature and vibration on high wear components in a wide range of industrial applications. Sensoteq’s products remove the need for manual inspection, allowing for remote and continuous monitoring of production equipment in some of the harshest industrial environments and hazardous locations.
The business has also developed a scalable cloud platform for predictive analytics, helping customers anticipate and proactively avoid failure of business critical production assets. Its products are now globally employed in diverse sectors such as automotive, pharmaceuticals, mining, oil and gas, renewable energies, waste recycling, and food and beverage.
The investment supports the next phase of Sensoteq’s growth trajectory and is a reaction to the market success the business has experienced. The investment by Maven adds significant scope to the next phase of business growth internationally, and we look forward to expanding our team and services worldwide in order to support our customers in each of our global locations.
Idir Boudaoud, Co-founder and CEO at Sensoteq
Meet the lead executive(s)
Subscribe for email updates
