Proxisense has developed extreme environment proximity sensors and fluid contamination systems.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Oxford
State: Oxfordshire
Zip:
Country: United Kingdom
Proxisense has developed extreme environment proximity sensors and fluid contamination systems utilising eddy current sensors. The former are finding uses in producing systems which monitor the health of turbine blades in real-time, which can extend component lifetimes and reduce maintenance and downtime costs. Proxisense is targeting the power and aerospace industries for these use cases and is working closely with major OEM players in the fields, including Alstom, Siemens and Rolls-Royce. Contamination of critical fluid systems is a significant issue where transportation assets travel the world and require fuel and lubrication fluids from remote sources. Proxisense’s system can provide real-time, reliable monitoring of these fluids and reduce damage to components, sub-optimal operating conditions and, potentially, system failures.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2016 | Seed Round | 3 | $402.2k |
Institution of Mechanical Engineers’ Stephenson LP Fund Midven Parkwalk Advisors Institution of Mechanical Engineers’ Stephenson LP Fund Midven Parkwalk Advisors |
7/2018 | Series A | 1 | $2.6M |
Parkwalk Advisors Parkwalk Advisors |
6/2015 | Seed Round | 1 | - |
Oxford Science Enterprises Oxford Science Enterprises |
6/2015 | Seed Round | 1 | - |
Oxford Science Enterprises Oxford Science Enterprises |
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