What is Inductosense?
Inductosense specializes in the development and deployment of cost-effective digital solutions for monitoring structural integrity. At the core of its product suite is the WAND technology, which utilizes battery-free ultrasonic sensors to provide repeatable, accurate wall thickness measurements. By integrating these sensors with handheld and remote data collectors, alongside sophisticated analysis software, the company enables industrial operators to transition from reactive maintenance to predictive, data-driven strategies. This capability is essential for industries such as chemicals, mining, and energy, where asset longevity and safety are paramount. Based in the UK, Inductosense serves a global client base, providing tailored implementation support that bridges the gap between complex hardware and actionable operational intelligence.
How much funding has Inductosense raised?
Inductosense has raised a total of $1.4M across 1 funding round:
Unspecified
$1.4M
Unspecified (2017): $1.4M with participation from IP Group and Perivoli Innovations
Key Investors in Inductosense
IP Group
IP Group is a conglomerate that specializes in intellectual property commercialization, transforming innovative ideas from university partnerships into viable businesses. The firm provides comprehensive support including business expertise, capital investment, and operational assistance across life sciences and technology sectors.
Perivoli Innovations
Perivoli Innovations is a venture investment trust focusing on early-stage investments in medical, life science, climate science, and productivity-enhancing technologies. The trust is committed to positive social impact, with profits supporting the Perivoli Foundation's educational initiatives in Africa.
What's next for Inductosense?
With the support of its strategic backers, Inductosense is poised to scale its enterprise-level operations, focusing on deeper market penetration within the global energy and infrastructure sectors. The company's roadmap likely involves expanding its remote monitoring capabilities and enhancing its software analytics platform to provide even greater predictive accuracy. As industrial sectors continue to prioritize digital health monitoring to reduce downtime and environmental impact, Inductosense is well-positioned to capitalize on the shift toward autonomous asset management. Future growth will likely be driven by continued collaboration with international partners and the ongoing refinement of its sensor technology to meet the evolving needs of high-stakes industrial environments.
See full Inductosense company page
