Top 34 Industrial Startups in 2023

1) Atonarp

For chemical composition analysis, Atonarp combines electronics and data processing algorithms.

Details of the startup:

• Country: Japan
• State: Tokyo
• City: Tokyo
• Started in: 2010
• Founders: Prakash Murthy, Tomoyoshi Sato
• Number of employees: 101-250
• Funding: $101,514,214
• Funding rounds: 7
• Number of investors: 13 (SBI Investment, SMBC Venture Capital, Celesta Capital, Venture Labo Investment, Northwestern Mutual Future Ventures)

You can find their website here.

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2) ProGlove

ProGlove creates cutting-edge industrial wearables that help manufacturing and logistics workers perform more efficiently, safely, and effectively.

Details of the startup:

• Country: Germany
• State: Bayern
• City: Munich
• Started in: 2014
• Founders: Alexander Grots, Jonas Girardet, Manuel Boenisch, Paul Günther, Thomas Kirchner
• Number of employees: 101-250
• Funding: $49,076,900
• Funding rounds: 6
• Number of investors: 5 (Intel Capital, Summit Partners, Bayern Kapital, Deutsche Invest Venture Capital, GETTYLAB)

You can find their website here.

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3) Propeller Aero

Propeller is a global pioneer in drone mapping and analytics solutions that empower businesses to measure and control their own operations.

Details of the startup:

• Country: Australia
• State: New South Wales
• City: Surry Hills
• Started in: 2014
• Founders: Francis Vierboom, Rory San Miguel
• Number of employees: 101-250
• Funding: $31,979,621
• Funding rounds: 5
• Number of investors: 9 (Accel, Sequoia Capital China, Costanoa Ventures, Blackbird Ventures, Startmate)

You can find their website here.

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4) TRACTIAN

Maintenance personnel can use Shazam to spot machine problems early on.

Details of the startup:

• Country: Brazil
• State: Sao Paulo
• City: Sao Paulo
• Started in: 2019
• Founders: Igor Marinelli
• Number of employees: 11-50
• Funding: $3,700,000
• Funding rounds: 2
• Number of investors: 8 (Y Combinator, Immad Akhund, Norte Ventures, DGF Investimentos, Parker Treacy)

You can find their website here.

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5) OCSiAl Group

The first business to develop a low-cost, infinitely scaleable process for mass manufacture of graphene nanotubes.

Details of the startup:

• Country: Luxembourg
• State: Luxembourg
• City: Luxembourg
• Started in: 2009
• Founders: Mikhail Predtechenskiy, Oleg Kirillov, Yuriy Zelvenskiy, Yury Koropachinskiy
• Number of employees: 251-500
• Funding: $176,000,000
• Funding rounds: 13
• Number of investors: 4 (RUSNANO, ExpoCapital, A&NN Investments, Igor Kim)

You can find their website here.

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6) Sunfire

Sunfire creates and produces systems for the production of renewable industrial gas and fuels.

Details of the startup:

• Country: Germany
• State: Sachsen
• City: Dresden
• Started in: 2010
• Founders: Carl Berninghausen, Christian Olshausen, Nils Aldag
• Number of employees: 101-250
• Funding: € 39,000,000
• Funding rounds: 5
• Number of investors: 9 (Idinvest Partners, Total Carbon Neutrality Ventures, Neste, Inven Capital, Electranova Capital)

You can find their website here.

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7) BuyHive

BuyHive is responsible for sourcing products and manufacturers with greater trust and transparency for global purchasers.

Details of the startup:

• Country: Hong Kong
• State: Hong Kong Island
• City: Hong Kong
• Started in: 2019
• Founders: Brent Barnes, Michael Hung, Minesh Pore
• Number of employees: 11-50
• Funding: $1,650,000
• Funding rounds: 2
• Number of investors: 3 (Minesh Pore, Brent Barnes, Michael Hung)

You can find their website here.

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8) Bosch

The Bosch Group is a global technology and service provider.

Details of the startup:

• Country: Germany
• State: Baden-Wurttemberg
• City: Stuttgart
• Started in: 1886
• Founders: ahmed almzwghe, Robert Bosch
• Number of employees: 10001+

You can find their website here.

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9) Yotako

Yotako speeds up web and mobile app development by allowing for a seamless transition from design to code.

Details of the startup:

• Country: Luxembourg
• State: Luxembourg
• City: Esch-sur-alzette
• Started in: 2016
• Founders: Alfonso Garcia Frey, Damien Neuberg
• Number of employees: 1-10
• Funding: € 1,250,000
• Funding rounds: 3
• Number of investors: 1 (Angelsquare)

You can find their website here.

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10) Klabin

Klabin converts raw materials into multiple-use, renewable, and biodegradable products.

Details of the startup:

• Country: Brazil
• State: Sao Paulo
• City: Sao Paulo
• Started in: 1899
• Number of employees: 10001+
• Funding: R$3,000,000,000
• Funding rounds: 1
• Number of investors: 1 (The Brazilian Development Bank(BNDES))

You can find their website here.

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11) Emirates Global Aluminium

Outside of the oil and gas sector, Emirates Global Aluminium (EGA) is the largest industrial firm in the UAE.

Details of the startup:

• Country: United Arab Emirates
• State: Dubai
• City: Dubai
• Started in: 1975
• Number of employees: 10001+
• Funding: $600,000,000
• Funding rounds: 1
• Number of investors: 4 (Standard Chartered Bank, Emirates NBD, Mashreq Bank, Commercial Bank of Dubai)

You can find their website here.

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12) Zeals

Zeals is a messaging-based interactive ad solution.

Details of the startup:

• Country: Japan
• State: Tokyo
• City: Tokyo
• Started in: 2014
• Founders: Sou Shimada
• Number of employees: 1-10
• Funding: ¥850,000,000
• Funding rounds: 4
• Number of investors: 3 (FreakOut Holdings, JAFCO Japan, CyberAgent)

You can find their website here.

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13) Myelin Foundry

Myelin Foundry creates Artificial Intelligence algorithms for edge devices based on video, audio, and sensor data.

Details of the startup:

• Country: India
• State: Karnataka
• City: Bengaluru
• Started in: 2019
• Founders: Aditi Olemann, Ganesh Suryanarayanan, Gopichand Katragadda
• Number of employees: 11-50
• Funding: $2,001,796
• Funding rounds: 4
• Number of investors: 5 (International Finance Corporation, Endiya Partners, Stellaris Venture Partners, Beyond Next Ventures, Pratithi Investment Trust)

You can find their website here.

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14) Industrybuying

The largest industrial ecommerce platform in India

Details of the startup:

• Country: India
• State: Delhi
• City: New Delhi
• Started in: 2013
• Founders: Rahul Gupta, Swati Gupta
• Number of employees: 251-500
• Funding: $39,800,000
• Funding rounds: 7
• Number of investors: 8 (Kalaari Capital, BEENEXT, BlackSoil, SAIF Partners, Trifecta Capital Advisors)

You can find their website here.

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15) TATA Projects

Tata Projects is one of India's most admired and fastest-growing infrastructure enterprises.

Details of the startup:

• Country: India
• State: Maharashtra
• City: Mumbai
• Started in: 1979
• Founders: Kanishka Roy
• Number of employees: 1001-5000
• Funding: ₹3,350,000,000
• Funding rounds: 1
• Number of investors: 1 (Tata Opportunities Fund (TOF))

You can find their website here.

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16) Altizon Systems

Altizon helps businesses use machine data to drive business choices all across the world, enabling Industrial Digital Revolutions.

Details of the startup:

• Country: India
• State: Maharashtra
• City: Pune
• Started in: 2013
• Founders: Ranjit Nair, Vinay Nathan, Yogesh Kulkarni
• Number of employees: 51-100
• Funding: $11,000,000
• Funding rounds: 5
• Number of investors: 7 (Wipro Technologies, Wipro Ventures, TVS Motor Company, Lumis Partners, HIVE Ventures)

You can find their website here.

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17) Zhenkunxing

Zhenkunxing is a manufacturing industry industrial supplies service platform.

Details of the startup:

• Country: China
• State: Shanghai
• City: Shanghai
• Started in: 1998
• Number of employees: 251-500
• Funding: $699,302,008
• Funding rounds: 7
• Number of investors: 20 (Tencent, Tiger Global Management, Matrix Partners China, Legend Capital, Royal Dutch Shell)

You can find their website here.

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18) RootCloud

RootCloud is a cloud computing platform for IoT and industrial applications.

Details of the startup:

• Country: China
• State: Beijing
• City: Beijing
• Started in: 2016
• Number of employees: 501-1000
• Funding: $194,645,305
• Funding rounds: 3
• Number of investors: 17 (Tencent, IDG Capital, Matrix Partners China, ZWC Partners, Patrick Cheung)

You can find their website here.

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19) Standard Robots

Standard Robots is a robotics firm that provides industrial logistics solutions that are versatile.

Details of the startup:

• Country: China
• State: Guangdong
• City: Baoan
• Started in: 2016
• Number of employees: 251-500
• Funding: $21,504,760
• Funding rounds: 3
• Number of investors: 7 (Source Code Capital, Shenzhen Capital Group, Green Pine Capital Partners, Lightspeed China Partners, CASH Capital)

You can find their website here.

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20) Origin Space

Origin Space is a company that develops space mineral resources.

Details of the startup:

• Country: China
• State: Guangdong
• City: Shenzhen
• Started in: 2017
• Number of employees: 44470
• Funding: CN¥50,000,000
• Funding rounds: 1
• Number of investors: 2 (Matrix Partners China, Linear Venture)

You can find their website here.

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21) VisionNav Robotics

VisionNav Robotics is a provider of unmanned industrial vehicle technology.

Details of the startup:

• Country: China
• State: Guangdong
• City: Shenzhen
• Started in: 2016
• Number of employees: 11-50
• Funding: CN¥120,000,000
• Funding rounds: 3
• Number of investors: 5 (Eastern Bell Capital, Lenovo Capital and Incubator Group (LCIG), Ivy Capital, COCOCapital, Flyfot Ventures)

You can find their website here.

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22) Haizol.com

HAIZOL is a professional online sourcing marketplace for custom parts and components in China.

Details of the startup:

• Country: China
• State: Shanghai
• City: Xuhui
• Started in: 2015
• Founders: Sherry She
• Number of employees: 101-250
• Funding: $20,896,248
• Funding rounds: 2
• Number of investors: 3 (Eastern Bell Capital, Hongtai Capital Holdings, Woofoo Capital)

You can find their website here.

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23) QKM Technology

QKM's objective is to become a leader in robotics by providing outstanding products and services to global manufacturing organizations.

Details of the startup:

• Country: China
• State: Hebei
• City: Dongguan
• Started in: 2011
• Number of employees: 251-500
• Funding: $19,327,898
• Funding rounds: 4
• Number of investors: 5 (Sequoia Capital China, SAIF Partners, FutureCap, Guangdong Technology Financial Group, Ying Capital)

You can find their website here.

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24) Nanovision Technology

Nanovision Technology is a high-tech company that specializes in high-speed, high-precision imaging.

Details of the startup:

• Country: China
• State: Beijing
• City: Beijing
• Started in: 2014
• Founders: Li Yunxiang
• Number of employees: 11-50
• Funding: CN¥160,000,000
• Funding rounds: 1
• Number of investors: 3 (Legend Capital, Hillhouse Capital Group, Sherpa Venture Capital)

You can find their website here.

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25) Slamtec

Slamtec is the first company to offer high-performance robot localisation at a consumer level.

Details of the startup:

• Country: China
• State: Shanghai
• City: Shanghai
• Started in: 2013
• Founders: Jacky Li, Ling Lin
• Number of employees: 11-50
• Funding: $32,099,122
• Funding rounds: 2
• Number of investors: 4 (China Equity, Shenzhen Guozhong Venture Capital Management, CAS Holding Group, Qianshi Capital)

You can find their website here.

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26) ROBOT++

Robot++ is a firm that specializes in the study and development of intelligent robots.

Details of the startup:

• Country: China
• State: Beijing
• City: Haidian
• Started in: 2015
• Number of employees: 44470
• Funding: CN¥66,000,000
• Funding rounds: 4
• Number of investors: 11 (Baidu Ventures, Eagles Fund, Panda Capital, TusStar, Taiyou Fund)

You can find their website here.

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27) Reibus International

For the industrial metals sector, Reibus International is developing a B2B e-commerce platform.

Details of the startup:

• Country: United States
• State: Georgia
• City: Atlanta
• Started in: 2018
• Founders: David Bain, John Armstrong
• Number of employees: 11-50
• Funding: $26,650,000
• Funding rounds: 4
• Number of investors: 5 (Canaan Partners, Initialized Capital, Bowery Capital, Nosara Capital, Stage 2 Capital)

You can find their website here.

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28) Seeq

Seeq is a software startup that helps companies analyze process manufacturing data faster.

Details of the startup:

• Country: United States
• State: Washington
• City: Seattle
• Started in: 2012
• Founders: Bob Moll, Brian Parsonnet, Jon Peterson, Mark Derbecker, Steve Sliwa
• Number of employees: 101-250
• Funding: $115,223,642
• Funding rounds: 7
• Number of investors: 11 (Insight Partners, Madrona Venture Group, Cisco, Next47, Saudi Aramco Energy Ventures)

You can find their website here.

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29) Triax Technologies, Inc.

Triax Technologies, Inc. provides a linked IoT worksite platform for the construction, energy, and heavy industrial sectors.

Details of the startup:

• Country: United States
• State: Connecticut
• City: Norwalk
• Started in: 2012
• Founders: Chad Hollingsworth, Dale Hollingsworth
• Number of employees: 11-50
• Funding: $12,500,000
• Funding rounds: 1
• Number of investors: 2 (Connecticut Innovations, McRock Capital)

You can find their website here.

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30) Uptake Technologies

Enterprise software is designed and developed by Uptake Technologies.

Details of the startup:

• Country: United States
• State: Illinois
• City: Chicago
• Started in: 2014
• Founders: Bradley Keywell
• Number of employees: 251-500
• Funding: $218,000,000
• Funding rounds: 4
• Number of investors: 7 (New Enterprise Associates, GreatPoint Ventures, Baillie Gifford, Revolution, Lightbank)

You can find their website here.

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31) Footprint

Footprint is dedicated to minimizing the usage of plastics by developing and manufacturing cutting-edge technology and solutions.

Details of the startup:

• Country: United States
• State: Arizona
• City: Gilbert
• Started in: 2013
• Founders: Troy Swope, Yoke Chung
• Number of employees: 501-1000
• Funding: $519,130,530
• Funding rounds: 3
• Number of investors: 2 (S2G Ventures, Olympus Partners)

You can find their website here.

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32) Heliogen

Heliogen is a renewable energy technology firm that harnesses the sun's energy to replace fossil fuels.

Details of the startup:

• Country: United States
• State: California
• City: Pasadena
• Started in: 2013
• Founders: Aaron Fyke, Bill Gross
• Number of employees: 51-100
• Funding: $128,550,000
• Funding rounds: 5
• Number of investors: 18 (Bill Gates, Revolution’s Rise of the Rest Seed Fund, Prime Movers Lab, Neotribe Ventures, Steve Case)

You can find their website here.

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33) Beyond Limits

Beyond Limits is a firm that focuses on energy, utilities, and healthcare and develops industrial and enterprise-grade AI technology.

Details of the startup:

• Country: United States
• State: California
• City: Glendale
• Started in: 2014
• Founders: AJ Abdallat, Mark James
• Number of employees: 101-250
• Funding: $158,500,000
• Funding rounds: 3
• Number of investors: 2 (Group 42, BP Ventures)

You can find their website here.

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34) Moleaer

MoleaerTM (Latin for "small air"), a firm established in Los Angeles, creates industrial nanobubble systems.

Details of the startup:

• Country: United States
• State: California
• City: Torrance
• Started in: 2016
• Founders: Bruce Scholten, Warren Russell
• Number of employees: 44470
• Funding: $20,000,000
• Funding rounds: 3
• Number of investors: 4 (S2G Ventures, Energy Innovation Capital, ADM Capital, Cibus Fund)

You can find their website here.

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