AI-digital twin solution Samp has closed a €6 million fundraising round.
Founded in 2019 by Shivani Shah (ex-CEA) and Laurent Bourgouin (ex-Dassault Systèmes), Samp has developed a AI-generated digital twin “Shared Reality” solution that helps industrial sites adapt to the growing imperatives of sustainability, safety, and staff shortages.
It establishes a constant understanding of sensitive industrial sites in a matter of days.
Shared Reality enables constant asset monitoring, thereby reducing risks and improving inspection, maintenance, and construction site safety and operational efficiency.
By integrating image captures from industrial sites, these digital twins offer a global and precise 3D vision of the state of infrastructures, allowing teams and stakeholders to make informed decisions before any inspection, maintenance, or modification.
Samp's technology allows for fast and constant 3D modelling and contextualising of the technical data (diagrams, plans, characteristics) of the equipment to be maintained or repaired. Industry leaders like Engie, SUEZ, VEOLIA, Teréga (strategic natural gas storage), Trapil, and SFDM (oil pipeline networks) have already implemented Samp’s solutions.
"Our 'Shared Reality' solution accelerates and improves the reliability of these sites' transition towards sustainable production. Our ambition is to become the key solution allowing industrial players to face today's colossal challenges in terms of security, resilience, and the environment," states Laurent Bourgouin, CEO of Samp.
The round was led by Promus Ventures. According to Jeremy Teboul, Vice President at Promus Ventures:
“We are excited to partner with the team at Samp and support their mission to become the operating system of Industry 4.0.
By combining artificial intelligence with technical documentation and 3D data, Samp’s Shared Reality platform significantly enhances operators' operational efficiency and accuracy, particularly in the water and energy sectors.
We look forward to supporting them in this next growth phase.”
Other investors include Kvanted, a Northern European venture capital firm focused on industrial technology.
"This fundraising marks a crucial step in our development," explains Laurent Bourgouin.
"We are delighted to have our investors' support to realise our vision: transforming industrial sites around the world with our real-time updateable digital twins and contributing to a safer, more efficient, and more sustainable industry."
The capital raised will help develop the sales team in France and Europe, continue R&D with an ambitious product roadmap, and prepare for international expansion outside Europe.
Lead image: Samp. Photo: uncredited.
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