Nanoprecise Sci Corp (“Nanoprecise”), an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures and NSK Ltd.
Founded in 2017 by CEO Sunil Vedula, the core team of Nanoprecise comprises industry specialists such as Graham Kawulka (Chief Commercial Officer), Prashant Verma (Head of India Operations), and Dries Van Loon (VP of Customer Success & Condition Monitoring). Nanoprecise drives value realization for manufacturers & operators in a broad set of industries by providing them with meaningful insights through a differentiated approach to machine health monitoring. Nanoprecise utilizes ultra-low-power wireless sensors and cloud-based AI-powered software that detects the smallest of changes in machine performance and predicts the remaining useful life of any industrial asset.