Factory tech firm Infinite Uptime raises Series C to expand US presence

Infinite Uptime just scored $35 million to tell factories when their machines might break. The Indian startup's sensors and AI help prevent costly breakdowns in some of the world's harshest industrial environments.

The company's tech monitors factory equipment in real-time, spotting problems before they cause shutdowns. Their sensors work where others can't - in extreme heat and corrosive acid plants. It's like having a doctor for machines, but one that never sleeps and can predict heart attacks.

CEO Raunak Bhinge claims their approach beats both industry giants and other startups. While Siemens and Honeywell take a top-down view, Infinite Uptime gets up close and personal with individual machines. Their sensors have already saved factories over 74,000 hours of downtime.

The Series C round, led by Avataar Ventures, will fuel US expansion. The company serves 800 plants across 30 countries and has grown revenue 2x annually for three years straight. They're already cash-flow positive - a rare feat in the startup world.

Why this matters:

• Heavy industry is finally getting the 'smart' upgrade it desperately needs - turns out even steel mills need AI these days
• A startup from India is beating global giants at their own game in some of manufacturing's toughest environments. Someone had to do it.