Short description
Nanoprecise is an AI & IoT company that is revolutionizing the field of predictive maintenance by accurately diagnosing faults in machines.
Description
Nanoprecise has created a "patent-pending" solution (hardware + software) that combines physics, material science, and data analytics to diagnose issues with machinery and detects anomalies, characterizes the faulty components and predicts the "Remaining Time to Failure."
Nanoprecise's sensor is the first sensor in the world that extracts RPM, vibration, sound, temperature & humidity information, all from one sensor. The software (which is built on AI algorithms that are only limited to research papers until now) analyzes the data from various sensing elements and achieves anomaly detection, fault characterization & remaining useful life prediction.
This end to end solution can be deployed cost-effectively and can be utilized on any machine in the world in any industry. Since Nanoprecise was founded in Dec 2017, it has customers spanning across Oil & Gas, Mining, Utilities, HVAC & Infrastructure sectors.
Last funding
Absolutely Noaccess
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Total funding
$$2020202
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Location
Edmonton, Alberta, Canada, North America
Founded on
April 4, 2017
Non-profit?
No
Acquired?
No
Employees count
51-100
Revenue range
$34056 - 789030
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Investors
No Way, Nopepepe, Blurry Noaccess, No Way, Blurry Noaccess, Noaccess, Cannot Access, Uh Ohhhh, Noaccessforu, Uh Ohhhh, Nopepepe
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Founders
Prashant Verma, Sunil Vedula