Artificial Intelligence

$1.8M to keep machines running and keep work accident-free

March 10, 2023
Groundup.ai

Say hi to Groundup.ai! This Singapore-based startup uses AI and IoT to minimize unplanned downtime for heavy machinery and keep industrial workplaces like factories safe. Now, they've just raised a $1.8M seed!

  • Their customers are in the heavy machinery, construction, manufacturing, maritime, oil & gas, mining and logistics industries.

Investor check. Wavemaker Partners led the round. SEEDS Capital, the investment arm of Singapore and several angel investors also joined in.

👂🏼 Sounds good to me

They have IoT and AI sound sensors that can quickly be deployed and record high-quality sound data. These sensors can pick up anomalies that indicate potential issues with machines so you can have them checked out early — before any major breakdowns happen!

  • (FYI, sound data is great because each machine gives off unique sounds and insights.)
  • This can help clients save millions of dollars from breakdowns and unnecessary inspections.
  • Instead of just scheduling machine inspections and tune-ups randomly, only schedule them for when the sound data shows the machine is broken (or when it predicts it's the right time for an inspection).

Condition-based maintenance. Based on sound data, you can get real-time equipment diagnoses and get notified of any abnormal behavior.

Predictive maintenance. Get reports about when your machines will break down — in advance. You can also get machine health reports to understand each item's remaining use of life (RUL) to help make decisions.

  • The data and predictions will also generate the optimal maintenance schedules based on what your machine needs.

👷🏻‍♀️ Stay safe

They also have safety solutions that keep workplaces safe and save lives too!

Computer Vision. Their CV solution allows you to collect data through cameras and get real-time monitoring and instant notifications afterwards!

  • Get notifications when there are unsafe activities or non-compliance with safety protocols — like if someone isn't wearing their PPE, is at risk of falling or if there's a smoke or fire. 
  • View everything through one simple dashboard.

Vehicle safety monitoring. They can also detect and prevent potential vehicle collisions through camera installations and real-time monitoring!

  • Detect the space between vehicles and nearby people or objects. Oh, and get alerts when vehicles are too close or if there is any risky driving!
  • Easily identify workers with poor safety performance for retraining.

🌏 Going global!

With the new $$$, they'll be investing in their in-house AI and software teams and capabilities. Oh, and they'll be expanding to new markets like Qatar, Australia and Japan too!

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.