This article examines 10 new industrial automation companies that offer solutions like digital twins, process automation, robotics, and more. Their solutions for industrial automation optimize production processes and operations while improving worker safety. These companies highlight the critical role of advanced technology in modernizing manufacturing and transitioning to industry 5.0. We updated this report 5 days ago. Notice something’s off? Let’s make it right together — reach out!
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Industrial Automation Companies
- How to Scout New Industrial Automation Solutions Easily
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the industrial automation industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest Industrial Automation Trends: Some of the major trends impacting the industrial automation industry are artificial intelligence (AI), advanced robotics, industrial internet of things (IIoT), immersive technologies, and additive manufacturing.
- Industrial Automation Industry Stats: The sector comprises 45.7K+ organizations worldwide. Out of these, 2.7K+ new industrial automation companies were founded in the last five years, with 2020 as the average founding year. On average, each of these companies employs about 10 people. Moreover, the average funding received by the industrial automation industry per round in the same span is USD 7.2 million.
- 10 Top Industrial Automation Companies to Watch:
- Copia Automation – Operational Technology (OT) Management
- Fathom.io – AI-powered Situational Awareness
- Tomorrow Things – Industrial Digital Twins
- Wyzo – High-speed Pick-and-Place Technology
- 100OEE – Industrial Machine Platform
- Ada Mode – AI-based Industrial Decarbonization
- Projexel Technologies – Wireless Automation
- WrxFlo – Centralized Data Management
- AugeLab – Industrial AI & Computer Vision
- Bota Systems – Force Torque Sensors
Discover 10 out of 2.7K+ Emerging Industrial Automation Companies
In this section, we feature 10 new industrial automation solutions that enhance manufacturing. These firms utilize digital twins, high-speed pick-and-place systems, workforce automation platforms, specialized mechatronics, and more. Their solutions boost production efficiency, improve data integration, and streamline operations. Explore how these companies are transforming industrial automation with their solutions.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Copia Automation
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Copia Automation streamlines workflows and increases uptime with developer tools customized for industrial automation. The company’s OT management platform uses git-based source control and data protection. DeviceLink is the platform’s data protection feature that enhances visibility and control over the code running on factory floors. This allows engineers to easily review code changes and troubleshoot issues with contextual information and visual diffing. Moreover, the platform enables quick recovery in case of disruptions. Consequently, the company’s platform benefits automation professionals, system integrators, and manufacturers by accelerating development timelines and reducing coding errors.
2. Fathom.io
- Founding Year: 2019
- Employee Range: 11-50
- Location: Saudi Arabia
- Signal Strength: Very Strong
- What they do: Fathom.io enables enterprises to manage and analyze vast data and overcome analytics workflow deficiencies. The company’s platform addresses the complexity of managing diverse data sources by integrating data from multiple sources into a data fabric. Its data workspace allows professionals to ingest, transform, and govern diverse data types to create a comprehensive data catalog. The platform’s intelligence workspace leverages advanced analytics and AI to generate predictive and prescriptive insights. Likewise, the company offers a low-code-no-code application workspace and extended reality (XR)-powered data and analytics-rich immersive experiences. These solutions allow factories to quickly implement analytical workflows to increase yield, fix process issues, improve safety, and more.
3. Tomorrow Things
- Founding Year: 2023
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Medium
- What they do: Tomorrow Things offers Cloud Connect, a SaaS-based automation platform for industrial asset digitalization. Cloud Connect creates digital twins of technical assets and enables manufacturers to quickly build real-time virtual replicas of physical assets and run simulations. The platform also simplifies machine provisioning in four steps, from secure machine connection to data analysis for informed decision-making. These solutions benefit industries, like manufacturing and energy, by enhancing operational efficiency and sustainability.
4. Wyzo
- Founding Year: 2021
- Employee Range: 51-100
- Location: Switzerland
- Signal Strength: Medium
- What they do: Wyzo provides high-speed pick-and-place technology for industrial automation. Its sidebot features safe collaboration with humans and integrates with production teams. The sidebot also features an integrated vision system with two cameras for precise product detection and handling. Further, its cantilever and compact frame enable easy integration into various production environments.
5. 100OEE
- Founding Year: 2023
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium
- What they do: 100OEE’s industrial machine platform enhances industrial automation by integrating with existing systems. It supports Beckhoff TwinCAT 3 and features a web UI with visual programming as well as an external API for robotics, vision, AI, and more. The platform also ensures comprehensive data protection and supports common input/output (I/O) and fieldbus, improving machine-to-machine (M2M) communication. This allows the advanced manufacturing, custom machine building, automotive, food and beverage, pharmaceuticals, and electronics industries to optimize machine efficiency, production workflows, and overall product quality.
6. Ada Mode
- Founding Year: 2019
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: Ada Mode offers AI-based industrial decarbonization. Its Atlas Platform leverages AI to improve operational performance through intelligent asset management, energy optimization, and predictive maintenance. The platform also utilizes digital twins within existing architectures for rapid deployment and scalability. Atlas LLM, a component of Atlas Platform, utilizes large language models (LLMs) to extract actionable insights from unstructured data, aiding in problem-solving and decision-making. Further, the platform offers secure cloud computing, hosted on carbon-neutral AWS servers, to ensure data integrity and security. These solutions enable the energy, manufacturing, and marine industries to reduce waste and unplanned downtimes.
7. Projexel Technologies
- Founding Year: 2019
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: Projexel Technologies provides wireless automation solutions for industrial applications. Its RFST C-Series Wireless Remote I/O Module enhances control and monitoring capabilities by preventing control cable breakdowns and reducing troubleshooting time. This simplifies the communication between machines by reducing line-down time and improving cycle time. The company’s Handheld Wireless Control Module and Wristband Controller Module improve safety for line operators. These products support flexible manufacturing systems for easier and faster machine reconfiguration. Industries such as automotive, construction, FMCG, packaging, and pharma use these solutions.
8. WrxFlo
- Founding Year: 2019
- Employee Range: 11-50
- Location: Ireland
- Signal Strength: Very Strong
- What they do: WrxFlo develops a platform that connects operations and management systems to visualize data through customized dashboards. It improves cost, quality, and delivery by predicting and preventing potential disruptions before they occur. The software offers key performance indicators and leverages machine learning to forecast challenges to ensure proactive supply chain management. This allows industries, like manufacturing, logistics, and pharma, to make informed, data-driven decisions and improve overall supply chain performance.
9. AugeLab
- Founding Year: 2019
- Employee Range: 2-10
- Location: Turkey
- Signal Strength: Very Strong
- What they do: AugeLab provides no-code AI and computer vision automation. Its platform allows the integration of AI models for image processing and scenario building with a drag-and-drop interface. AugeLab’s offerings also include modules for AI model training and plugin development. They are suitable for industries like automotive, textile, and healthcare. Further, the platform automates welding inspections and fabric fault detection.
10. Bota Systems
- Founding Year: 2020
- Employee Range: 11-50
- Location: Switzerland
- Signal Strength: Very Strong
- What they do: Bota Systems makes high-precision force torque sensors that enable robots and automated systems to interact with their environments. These sensors find applications across industry and research, enhancing capabilities in robotic assembly, surface finishing, and complex automation tasks. The company offers a range of products, including Medusa, MiniONE, and LaxONE sensors. These plug-and-play sensors streamline integration and minimize the need for extensive programming. This benefits industries such as automotive, aerospace, and electronics manufacturing by providing more precise control and higher quality in production.
Quick Tip to Find New Industrial Automation Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new industrial automation companies provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying industrial automation innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the industrial automation industry. The platform keeps you informed with near real-time updates on emerging industrial automation companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the industrial automation sector, such as high-speed pick-and-place, centralized data management, or continuous operational awareness. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Industrial Automation Companies?
We’ve explored the dynamic landscape of the industrial automation sector, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Industry 4.0 Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We seek partnerships with industry experts to deliver actionable insights into startups and tech. Interested? Let us know!
