DATOMS, an industrial IoT platform for enterprises and OEMs, has introduced that it raised Rs 25 crore, or about $2.76 million, in a Sequence A funding spherical led by Vietnam-based funding agency Massive Capital JSC.

The spherical additionally noticed participation from Indian enterprise capital agency IvyCap Ventures and a follow-on funding from YourNest Enterprise Capital.

The startup had earlier raised Rs 3.5 crore in a pre-Sequence A spherical final summer season with participation from Operators Studio and APT Analysis. Ridik Capital, Warmup Ventures, and BeyondSeed are amongst current traders that backed the startup in earlier rounds.

Based in 2021 by NIT Rourkela alumnus Amiya Samantaray, Asish Sahoo, Nataraj Sahoo, and Amrit Biswal, DATOMS supplies a unified intelligence layer that turns bodily machines into related and trackable property throughout their full lifecycle. The platform permits enterprises and OEMs to attach machines, monitor efficiency in actual time, predict failures, enhance power use, and handle service operations throughout stakeholders.

The startup mentioned that it addresses a key problem in industrial operations the place machine knowledge stays scattered throughout OEMs, enterprises, service companions, sellers, and financiers. This fragmentation forces organisations to function reactively and limits visibility into general machine efficiency and lifecycle outcomes.

The statup will use the most recent funding to strengthen product and know-how, increase into new markets, and construct groups throughout engineering, knowledge science, operations, and enterprise gross sales. It’ll additionally improve its AI and analytics capabilities, enhance automation options, and speed up improvement of predictive upkeep, efficiency optimisation, and power administration options.

“We imagine the following decade belongs to clever machines. This funding accelerates our mission to rework industrial property into related, self-aware programs that ship measurable enterprise outcomes. This funding validates our imaginative and prescient of turning related machines into clever financial members,” mentioned Amiya Samantaray, Founder and CEO.

Vikram Gupta, Founder & Managing Companion, IvyCap Ventures mentioned, “We’re happy to help DATOMS because it scales its Industrial IoT and AI-driven platform for asset-intensive industries. The staff has proven sturdy execution in constructing options that improve effectivity, optimize efficiency, and unlock measurable worth. We stay up for partnering with them as they increase their capabilities and market presence.”

The startup additionally companions with OEMs to combine its platform into machines, enabling monitoring all through the asset lifecycle.