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Munich Re Ventures
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Augury Raises Another $55M for Its Predictive Maintenance Platform for Industrial Machinery
We often forget to listen more and talk less when dealing with problems. The same happens to be true for industrial machinery. Augury is the predictive maintenance platform that “listens to machines” to detect what is wrong using IoT sensors to understand acoustic signals to troubleshoot. Augury has compiled the largest library of machine fault data and uses this data to train its AI model. The company is on pace to triple its contracted revenue this year AlleyWatch caught up with Cofounder and CEO Saar Yoskovitz to learn more about Augury’s platform, impressive, growth in this trillion-dollar industry, and latest funding from investors that include Qumra Capital, Insight Venture Partners, Eclipse Ventures, Munich Re Ventures, Qualcomm Ventures, and Lerer Hippeau.
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Everything you need to need to know about the largest US startup funding rounds of September 2020; broken down by industry, stage, investors, and more…
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The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 9/26/20 featuring funding details for GOAT, Robinhood, Willow, and much much more.
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Everything you need to need to know about the largest US startup funding rounds of Q4 2019; broken down by industry, stage, investors, and more…