AiSight
Company

Last deal

$636K

Amount

Convertible Note

Stage

01.05.2021

Date

3

all rounds

$3.46M

Total amount

Financing round

General

About Company
AiSight uses AI algorithms to predict and prevent machine malfunction in real-time.

Industry

Sector :

Subsector :

Keywords :

founded date

07.09.2018

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

AiSight's plug-and-play hardware and software service employs machine learning to analyze sensor data, enabling clients to increase machine productivity and reduce operation and maintenance costs. Founded in 2018, the company's solution goes beyond predictive maintenance to include machine diagnostics, detecting process errors and protecting overall machine health. As part of Sensirion Connected Solutions, AiSight's 24/7 machine-monitoring solution offers unlimited machine uptime.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Sensirion

announced date

20.09.2021

Financials

Funding Rounds
4
3

Number of Funding Rounds

$3.46M

Money Raised

Their latest funding was raised on 01.05.2021. Their latest investor Startup Angels. Their latest round Convertible Note

Date 
Funding Round 
Investors 
Money Raised 
Lead 
04.10.2019
3
$2.5M
09.11.2018
2
$250K
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Co-Investors
Investors
5
5

Number of lead investors

5

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Convertible Note
Yes
Pre-Seed, Seed
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Sean O'Sullivan

Sean O'Sullivan

Sean O’Sullivan is Managing General Partner of SOSV in 1994, the pioneering venture capital firm that is a world leader in running vertical startup accelerator programs. His first company, MapInfo, grew to a $200 million public company with over 1,000 employees, and popularized street mapping on computers. His first internet company, NetCentric, developed many concepts in internet computing, and he is credited as the cocreator of the term “cloud computing”. Sean founded JumpStart International, a leading humanitarian organization in conflict zones, in the 2000s, where he oversaw over 3,500 staff at the height of the organization in the Iraq conflict. He was co-founder and managing director of Carma, a 35-person real-time carpooling company. SOSV founded and runs accelerators such as HAX, IndieBio, Food-X, Interface, and Chinaccelerator. As of 2016, SOSV has $300m in assets under management and is in the top 5% of venture capitalists globally based on return an investment (returns over 19 years average 36% net). He received his Bachelors of Science in Electrical Engineering from Rensselaer Polytechnic Institute and a Masters of Fine Arts in Film Production from the University of Southern California. He is also an initial and continuing primary supporter of such organizations such as Coderdojo (a global network of coding clubs that 50,000 kids attend every week) and Khan Academy (used by 15 million students to learn every month). He’s on the board of Rensselaer, Khan Academy, and Coderdojo, and a number of private companies.

current job

SOSV
SOSV

count Of Investments

1
Cyril Ebersweiler

Cyril Ebersweiler

Entrepreneur, venture capitalist. Cyril is a General Partner at SOSV and the founder/MD of HAX. He is a board member/advisor to a few startups including Formlabs, Collaborate (ACQ: CISCO), Hackster (ACQ: AVNET), Adoreme and Breather. He is one of the most experienced investor in the hardware space (260+) and has invested globally. Cyril wrote dozens of articles and publishes regularly on topics such as technology, robotics, health and crowdfunding, and has been featured in The Economist, Popular Mechanics, The New York Times, Bloomberg, Huffington Post, Wired, BBC and more.

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AYLIEN
AYLIEN
Duncan Turner

Duncan Turner

Duncan is General Partner at SOSV and Managing Director of HAX Shenzhen, where he oversees HAX, the world's first and largest VC backed program for hardware. He is responsible for the strategic direction of the program, operations, and investments. He has invested in over 100 tech companies, ranging from digital health to industrial robotics and consumer products. Before joining HAX, he led design and consumer engagement strategy projects for Fortune 500 companies at global design and innovation firm IDEO. Duncan has a strong entrepreneurial background and deep experience of growing businesses in China, having taken numerous hardware products to market from first concepts through research, funding, design, development, manufacturing, and assembly to final sales. He has spent 12 years working in different parts of China, growing manufacturing operations, business development and investor relations. He obtained his Master's in Industrial Design Engineering from the Royal College of Art & Imperial College. His design work has won multiple awards and included in the permanent collection at The Museum of Modern Art.

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Subsector

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count Of Exists

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People

Founders
2
Matthias Auf der Mauer
Matthias Auf der Mauer

Matthias Auf der Mauer

current job

AiSight
AiSight

organization founded

1

Matthias Auf der Mauer

Maximilian von Duering
Maximilian von Duering

Maximilian von Duering

current job

AiSight
AiSight

organization founded

1

Maximilian von Duering

Employee Profiles
2
Matthias Auf der Mauer

Matthias Auf der Mauer

Founder & CEO

Maximilian von Duering

Maximilian von Duering

Founder and CCO

Activity

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