UptimeAI, an AI startup for plant operators, has raised $14 million in Series A funding led by WestBridge Capital, with support from Emergent Ventures and Aditya Birla Ventures. The funding will scale UptimeAI’s platform, enhance products, and expand in North America, the Middle East, and Asia.
Founded by Jagadish Gattu and Vamsi Yalamanchili five years ago, UptimeAI operates from Bengaluru and San Francisco. It offers AI solutions to improve plant efficiency and reliability, focusing on industries like power, oil and gas, chemicals, metals, and aerospace.
UptimeAI’s platform features four modules: connect the dots, no code predictive alerts, an inferencing engine for prescriptive actions, and continuous self-learning. The company holds a patent for monitoring complex structures to identify inefficiencies.
Last September, UptimeAI partnered with Bharat Petroleum Corporation Limited (BPCL) to optimize operations, demonstrating its solutions’ practical benefits. Previously, the startup raised $1.5 million in seed funding from YourNest Venture Capital and angel investors in February 2021.
UptimeAI competes with AI-based industrial optimization firms like Tiger Global-backed Infinite Uptime, Sight Machine, Prospection, SparkCognition, and Augury.
