Founded in 2011, Nexmatix is a developer and manufacturer of smart valves that continuously monitor for leaks. Their valves are equipped with embedded sensors, which can increase efficiency and monitor valve faults and pressure faults. The platform targets U.S. manufacturers who use pneumatics to make, assemble and package products and collectively spend more than $8 billion dollars each year on electricity to compress air. The Nexmatix valve reduces compressed air used an average of 20-40% by using a unique body and spool configuration and micro-electronics that allow recycling of compressed air. Additionally, the valves can collect data for analytics on pneumatic systems, including leak detection.