ButterflyMX Valuation, Funding & Investors

AssetWatch is a condition monitoring service delivering predictive maintenance for manufacturers. It deploys wireless sensors, communication hubs, and machine learning software analyzed by engineers for prescriptive alerts. Westerville-headquartered AssetWatch serves global plants in food processing, chemicals, and metals with remote diagnostics.

proteanTecs is an Israel-headquartered semiconductor firm offering chip telemetry platforms for health monitoring. Its Agent technology embeds sensors in SoCs to track aging, performance degradation, and defects from design through field deployment. The company's software applies machine learning to telemetry data for anomaly detection and yield improvement, serving hyperscalers and automotive chipmakers. proteanTecs partners with TSMC and Intel foundries to integrate its solutions into 5nm and advanced nodes, enabling traceability across the electronics supply chain.

Tractian develops technology for industrial maintenance and equipment monitoring. Its offering combines sensors, software and artificial intelligence to help manufacturers detect developing equipment problems and organize maintenance work. Customers use condition-monitoring data and maintenance management tools to assess machine performance, prioritize interventions and reduce unplanned production interruptions. The company serves asset-intensive industrial businesses and supports maintenance teams responsible for machinery and plant reliability. Its products bring together information from connected equipment with operational workflows used by technicians and managers. Tractian also publishes technical content and has invested in education businesses serving maintenance professionals. The company was founded in 2019 and operates from Atlanta, with activities in Brazil and Mexico. Its commercial model combines industrial technology with software and services that support continuing use of the monitoring and maintenance platform.

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.

Tive is a Boston-headquartered supply chain visibility provider offering real-time tracking with Bluetooth and cellular sensors. Companies such as Maersk and Pfizer use Tive's platform to monitor shipments across ocean, air, and ground transport, ensuring temperature control for pharmaceuticals and compliance with FDA regulations.

Smart Eye AB is engaged in developing and marketing eye-tracking technology that can measure, calculate, and predict where a person is looking. The company’s eye-tracking technology and iMotions biosensor software platform are also used in behavioral research to enable research in academic and commercial sectors.

Seeing Machines Ltd develops, sells, and licenses products and technology to detect and manage driver fatigue and distraction, partnering for product development, manufacturing, and sales in key markets. It operates two segments: the OEM segment, covering automotive and aviation business units that generate license-based royalties and non-recurring engineering services via Tier 1 customers; and the Aftermarket segment, comprising Fleet and Off-Road units that retrofit technology into commercial vehicles through direct and indirect customers. The Company operates in Australia, North America, Asia-Pacific (excluding Australia), Europe, and other regions, with the majority of revenue coming from Europe.

RootCloud is a Beijing-headquartered cloud platform established in 2016, focused on industrial Internet of Things applications. It integrates assets through connection, platform, and application layers to enable online machine management for manufacturers, equipment operators, and government bodies. Services span smart manufacturing, research and development, energy optimization, industrial chains, artificial intelligence, and equipment financing across global deployments.

ZEDEDA is a San Jose-headquartered provider of distributed edge orchestration and virtualization software founded in 2016. It delivers cloud-based visibility, control, and security for edge gateways, applications, and networks. The platform supports enterprise deployments across industrial IoT, retail, and telecom sectors with scalable edge computing capabilities.

Immersion Corp is focused on the creation, design, development, and licensing of haptic technologies that allow people to use its sense of touch more fully as it involves engaging with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Japan, followed by Korea, Germany, United States of America and other countries.

People & Technology Inc is engaged in manufacturing of special-purpose machinery. It operates the business through film division, battery division, copper division, non-woven division, and water division. Its products include li-ion battery sequential both-side coater, electronic deposition machine, non-woven auto turret winding machine.

Gefran SpA operates in two business divisions including industrial sensors, and automation components. The sensors business offers a complete for measuring four physical parameters position, pressure, force, and temperature. The electronic automation components business is divided into three product lines: instrumentation, power controllers, and automation platforms. It generates the majority of the revenue from sensors. It has a geographical presence in Italy, the European Union, North America, South America, and the Rest of the World.

Autosys Industrial Solutions Private Limited is a Pune-based provider of Industry 4.0 platforms combining IoT, artificial intelligence, and machine learning for smart factories. Incorporated in 2016, the company develops software that enables machine-to-machine communication, predictive maintenance, and automated decision-making. It serves OEMs in manufacturing sectors with solutions for real-time data access and process optimization across production lines in India.