2 years ago
Tribosonics Secures £1.5 Million for Smart Sensing Solutions
Tribosonics, a Sheffield, UK-based company specializing in smart sensing solutions, secured £1.5 million in funding from NPIF – Mercia Equity Finance and Mercia’s EIS funds
The investment will be used to expand product development efforts, reach a wider audience, and create around 25 new jobs in the next 18 months
Tribosonics’ solutions help companies monitor industrial machinery, manage process efficiency, and achieve sustainability goals.
ProblemTechnology
"Businesses struggle to be energy efficient, sustainable, and ESG compliant while also reducing costs and enhancing quality."
Solution
"Tribosonics provides integrated sensing solutions that collect data to help companies improve performance, extend plant life, reduce maintenance and energy use, and meet sustainability goals."