Pulse Industrial, a startup based in Kitchener, Ontario, aims to improve safety and reduce fuel consumption in industrial plants through data collection and machine-learned analytics. The company has recently secured undisclosed funding from investors, including Momenta, SOSV, and Celtic House Asia Partners.
Pulse Industrial is developing a way to remotely monitor steam traps - a standard and essential component of steam processes. Steam traps tend to fail frequently, and undetected failures can lead to significant inefficiencies in industrial plants. By monitoring steam traps continuously, Pulse Industrial aims to immediately notify industrial sites of any losses that occur so that they can be rectified quickly. This approach will save money and reduce the chances of harmful events.
The company's use of IoT sensors and machine-learned analytics can also help to identify inefficiencies and potential issues in industrial plants. With continuous monitoring and data collection, Pulse Industrial can provide valuable insights that help to optimize plant performance and reduce fuel consumption, which is not only cost-effective but also beneficial for the environment.
Pulse Industrial's innovative approach to industrial plant optimization and safety has already garnered the attention of investors and industry experts. With the recent funding, the company is poised to expand its reach and innovate in IoT and machine learning.
By helping to reduce inefficiencies and promote sustainable practices, Pulse Industrial is making a significant contribution to the future of industrial plants. Visit us for more information about their latest funding round: https://founderlodge.com/round/Pulse-Industrial-raises-0-Unknown-2023-04-03-Thomas-Uhlenbruck-MTE4NjE