Startups developing AI for the Internet of Things (IoT) are companies that are leveraging Artificial Intelligence (AI) technologies to enhance or innovate IoT applications.

The Internet of Things (IoT) refers to the network of physical devices, vehicles, appliances, and other items embedded with sensors, software, and network connectivity, which enables these objects to connect and exchange data. These devices generate a vast amount of data that can be analyzed to improve services, make operations more efficient, and enable new business models.

Artificial Intelligence (AI), on the other hand, involves the development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.

When we talk about startups developing AI for IoT, we’re referring to companies that are creating AI algorithms and models to analyze the data generated by IoT devices, make sense of it, and use it to make intelligent decisions or predictions. This could involve anything from predictive maintenance for industrial machinery (predicting when a machine is likely to fail based on its sensor data), to smart home applications (like a thermostat that learns your schedule and adjusts the temperature accordingly), to advanced analytics for business intelligence.

These startups are at the cutting edge of technology, pushing the boundaries of what’s possible with AI and IoT, and often disrupting traditional industries with their innovative solutions. They play a crucial role in the ongoing digital transformation of our society and economy.

Top 8 Startups Developing Ai for Internet of Things.

  1. Preferred Networks (2012): Based in Tokyo, Japan, Preferred Networks focuses on the development of practical applications of deep learning, robotics, and other advanced technologies. Its investors include TEL Venture Capital and ENEOS.
  2. MAANA (2012): Maana is a knowledge-centric technology company based in Palo Alto, California, United States. It accelerates knowledge discovery to increase profitability. Its investors include Intel Capital and Accenture Technology Ventures.
  3. SparkCognition (2013): SparkCognition is an AI technology startup based in Austin, Texas, United States. It builds AI technology solutions for industrial applications. Its investors include Doha Venture Capital and Peter Löscher.
  4. C3 IoT (2014): C3 IoT, based in Redwood City, California, is a platform that enables enterprises to connect their wide-ranging data sources and build their own AI and IoT applications. Its investors include BloombergNEF and The Rise Fund.
  5. Foghorn Systems (2014): Foghorn Systems, also known as FogHorn, is a developer of “edge intelligence” software for industrial and commercial IoT application solutions. It is based in Sunnyvale, California, United States. Its investors include Shui Mu Chun Jin and Guosheng Group.
  6. CloudMinds (2015): CloudMinds is a cloud robot service platform based in Beijing, China. It consists of Human Augmented Robotics Intelligence with Extreme Reality (HARIX), Secure virtual backbone network (VBN over 4G/5G), and Robot Control Unit (RCU). Its investors include GGV Capital, Dell Technologies Capital, and others.
  7. Infogrid (2018): Infogrid is an AI technology company based in London, UK. It automates facilities management and makes any building smart. Its investors include Original Capital, SoftBank Vision Fund 2, Northzone, TVC, JLL Spark, Committed Capital, Pictet, and others.
  8. VDOO (2017): Vdoo is a company that develops AI solutions for industrial IoT and edge computing applications. It is a global company with offices in Israel, US, Germany, Singapore, Japan, and more. Its investors include 83North and Celesta Capital.

 

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