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Infinite Uptime raised $35 million in a Series C funding round led by Avataar Ventures to expand into the US market.

Mar 11, 20255 months ago

Amount Raised

$35 Million

Round Type

series c

PuneSoftware

Investors

Gsr VenturesTiger GlobalLgvpStep Stone GroupAvataar Ventures

Description

Industrial analytics startup Infinite Uptime has successfully raised $35 million in a Series C funding round led by Avataar Ventures, with participation from StepStone Group, LGVP, Tiger Global, and GSR Ventures. The funds will be used for the company's planned expansion in the US market.

Company Information

Company

Infinite Uptime

Location

Pune, Maharashtra, India

About

Infinite Uptime is an Industrial AI pioneer, offering 99.99% guaranteed equipment reliability and up to 2% energy reduction per unit of production to help global industrials unlock up to $2 Trillion in value. Serving over 800 plants across 26 countries, the company harnesses the power of its piezo-electric sensing technology along with contextualized process data to deliver user-validated diagnostics and recommendations to improve efficiencies in the process industry. These prescriptions, along with interventions, have added over 70,000 additional production hours in industries like Steel, Cement, Metals, Paper, Energy, Chemicals, Tires, Pharma, F&B and FMCG.

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