IPercept Raises €5M in Funding
Summary
IPercept, a Stockholm, Sweden-based provider of a platform that collects and analyzes machine data, raised €5M in Funding. The round was led by Luminar Ventures, with participation from RunwayFBU, Backstage Invest, AI.Fund, and existing investors, including J12. The company intends to use the funds to accelerate its expansion into key European manufacturing hubs, scale customer deployments, and grow its team. Led by CEO and Founder Karoly Szipka, IPercept develops a patented data collection and analysis method that enables manufacturers to monitor machine health without requiring system integrations or cybersecurity risks. Its predictive AI platform collects and analyzes machine data without modifying existing infrastructure, ensuring rapid deployment and actionable insights within days of implementation.