Dutch predictive maintenance startup sees €5m backing, rebrands

March 02, 2021 // By Nick Flaherty
Dutch predictive maintenance startup sees €5m backing, rebrands
Samotics has raised €5m to take its industrial AI and predictive maintenance technology based on current sensors and voltage probes to the US

Dutch predictive maintenance technology developer Semiotic Labs has raised €5m and rebranded as Samotics. The investment will be used to accelerate Samotics’ expansion into the US market, add new features and further develop its industrial AI technology based around current sensors and voltage probes.

The technology is predominantly aimed at monitoring industrial motors. Rather than using vibration sensors that struggle to be reliable in hostile industrial environments, the founders used current sensors to monitor other machinery as well. This required a custom datalogger and AI software.

However, the current signal contains a great deal of information about the condition of the connected motor, but some of that information relates to normal changes in load, not developing faults. The current signal also doesn’t contain enough information about the asset that the motor is driving.

Adding voltage probes provided the fourth generation system, SAM4, in 2018. This can detect over 90 percent of potential failures, both mechanical and electrical, up to 5 months in advance.

Samotics has doubled its staff in the last year to support customers such as materials supplier Nouryon, Total, Henkel, Evonik and FrieslandCampina and is planning to relocate to larger offices.

The SAM4 system is now integrated into services from Schneider Electric, enabling customers across five continents to eliminate downtime, lower risk, decrease maintenance costs and reduce energy waste.

“Samotics is working toward a future where 0 percent unplanned downtime will be the new norm for organizations worldwide,” said Jasper Hoogeweegen, chief executive officer at Samotics. “We are passionate about helping customers achieve their goals and strive to become the leading provider in predictive maintenance globally. Samotics’ new brand identity and recent investment provides a solid foundation for this. Our plans for 2021 are focused on empowering more customers across more industries with best-in-class smart asset monitoring and analytics.”

www.samotics.com       

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