IPercept raises $16.5m Series A led by Isogon Ventures and 2150
The financing supports U.S. operations, service partnerships, intelligence applications and hiring.
IPercept raised $16.5 million in Series A financing co-led by Isogon Ventures and 2150. RunwayFBU, AI Fund, Luminar Ventures and J12 Ventures participated.
The company will scale U.S. operations, grow industrial service-provider partnerships, extend its data platform with intelligence applications and expand engineering and data-science teams. IPercept monitors CNC machine condition through installed sensors without controller integration.
Use of funds
Scale US operations
Grow partnerships with industrial service providers
Extend the data platform with intelligence applications
Expand engineering and data science teams