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Semiconductors Seed Founded 2015

8power

8power is an IoT technology company that provides wireless sensors for remote condition monitoring of industrial rotating equipment. The company offers retrofittable sensors with 10-year battery life that monitor a range of asset types and sizes, delivering data and insights through mobile, desktop, or secure API connections to third-party platforms. 8power technology provides 24/7/365 early warning and remote…

📍 Cambridge, United Kingdom · Sensors,

Funding snapshot

Last roundSeed
Amount$3M
Date3 December 2020
Total raised$4M
Valuation2,321,668 (Jun 14, 2016)
Team size8

About

8power is an IoT technology company that provides wireless sensors for remote condition monitoring of industrial rotating equipment. The company offers retrofittable sensors with 10-year battery life that monitor a range of asset types and sizes, delivering data and insights through mobile, desktop, or secure API connections to third-party platforms. 8power technology provides 24/7/365 early warning and remote monitoring solutions, collecting hourly high-resolution data to detect the early onset of equipment problems, minimize downtime, and avoid costly reactive maintenance. The platform serves water and wastewater treatment, utilities, manufacturing, and oil and gas industries, enabling organizations to monitor equipment in remote, unmanned, or difficult-to-reach locations with a low-cost, scalable approach. Founded in 2015 and headquartered in Cambridge, United Kingdom, 8power has raised approximately $3.8 million in seed funding from investors including IP Group, Parkwalk, Cambridge Enterprise, University of Cambridge, and Low Carbon Innovation Fund.

Business model

Internet of Things Infrastructure > IoT Devices > Sensors,

Water and Wastewater Management Tech > Pipeline > Monitoring > Sewage > Sensors,

Sensors > Industry Applications > Energy > Energy Harvesting > Autonomous Sensors

Founders & team highlights

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > Tsinghua University, University of Cambridge

Institutional investors

IP Group Parkwalk Cambridge Enterprise University of Cambridge Low Carbon Innovation Fund Turquoise R42 Group Cambridge Angels Susten Liuhe Zhiqian Antony Rix

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