Infinite Uptime, a pioneering provider of predictive maintenance solutions, has secured $35 million in a Series C funding round to expand its presence in the US and international markets in manufacturing by leveraging AI, advanced sensors, and industrial automation while focusing on global expansion to enhance operational efficiency.

The funding round, led by Avataar Ventures with participation from StepStone Group, LGVP, Tiger Global, and GSR Ventures, brings the company’s total capital raised to $65 million since its inception in 2015.

The manufacturing industry has long struggled with outdated machinery and energy-intensive processes. To address this challenge, infinite Uptime leverages advanced AI, proprietary sensors, and real-time analytics. Its IoT-powered platform diagnoses equipment issues remotely, predicting potential failures before they cause costly downtime.

Founder and CEO Raunak Bhinge emphasizes that Infinite Uptime’s technology provides manufacturers with precise intervention points, helping them optimize plant efficiency. Unlike traditional top-down solutions from industry giants like Rockwell, Siemens, and Honeywell, Infinite Uptime’s platform operates without relying on programmable logic controllers (PLC) or programmable limit switches (PLS).

Unmatched Sensor Technology for Extreme Environments

A key differentiator lies in the startup’s patented piezoelectric sensors, which function seamlessly in high-temperature and corrosive environments, including phosphoric acid, nitric acid, and sulfuric acid plants. Competing solutions, such as battery-based microelectromechanical systems (MEMS), lack the durability required for these extreme conditions.

By enabling predictive maintenance across industries like steel, cement, mining, fertilizers, chemicals, and paper, Infinite Uptime significantly enhances energy efficiency and production output. Its solutions have contributed to over 74,000 hours in downtime savings, with clients reporting 5 percent to 10 percent productivity gains.

Currently operating in 800 plants across nearly 30 countries, Infinite Uptime is poised for rapid expansion. The new capital will fuel product development, R&D investments, and potential mergers and acquisitions to scale operations further. The company also aims to deepen its footprint in the US and enhance AI-driven insights for industrial automation.

Infinite Uptime’s revenue has doubled annually for the past three years, reaching INR 54.74 crore ($6.6 million) in FY24, up from INR 24.71 crore ($3 million) in FY23. The company also reduced its losses from INR 13.5 crore ($1.6 million) to INR 8.4 crore ($1 million) during the same period, demonstrating strong financial stability.

Infinite Uptime Competing in the Predictive Maintenance Market

While Infinite Uptime faces competition from players like UptimeAI, Augury, Sight Machine, Prospection, and SparkCognition, its proprietary technology and focus on high-temperature industrial applications set it apart. Its partnerships with original equipment manufacturers (OEMs) further strengthen its market position by integrating AI-driven diagnostics into new machinery.

Looking ahead, Infinite Uptime plans to invest heavily in AI and machine learning to bridge the gap between built capacity and actual production. By enhancing operational efficiency and reducing energy consumption per unit of production, the company aims to redefine the future of manufacturing automation.

With its latest funding, cutting-edge technology, and global expansion strategy, Infinite Uptime is set to lead the next wave of industrial digital transformation.

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