What is Samotics?
Founded in 2015 and headquartered in Leiden, Netherlands, Samotics provides real-time, actionable insights designed to enhance the performance and energy efficiency of AC motors and rotating equipment. The company's technology addresses critical operational challenges for industrial clients, offering a data-driven approach to maintenance and optimization. Samotics operates within the industrial IoT and predictive maintenance sector, a market experiencing substantial growth driven by the need for operational efficiency and sustainability.
How much funding has Samotics raised?
Samotics has raised a total of $38M across 3 funding rounds:
Angel/Seed
$678K
Series A
$16.4M
Other Financing Round
$21M
Angel/Seed (2017): $678K with participation from Uniiq and ENGIE
Series A (2021): $16.4M led by 83North
Other Financing Round (2025): $21M supported by European Investment Bank
Key Investors in Samotics
European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution.
83North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies. The firm has a diverse portfolio with 90 companies and has achieved 33 exits and 14 unicorns since its inception.
Uniiq
UNIIQ is a €50 million investment fund that focuses on early-stage innovation, primarily supporting research-driven startups in sectors such as life sciences, deep tech, and high-tech industry in South Holland.
What's next for Samotics?
The recent major strategic investment signals a pivotal phase for Samotics, likely indicating a move towards scaling operations, expanding market reach, and further refining its technology. This level of enterprise-level funding suggests confidence from investors in Samotics' business model and its potential for significant market impact. Future developments may include broader industry adoption, enhanced product features, and strategic partnerships to solidify its position as a leader in industrial equipment performance monitoring.
See full Samotics company page
