Edmonton company selling industrial predictive-maintenance systems: the MachineDoctor wireless six-in-one IoT sensor together with cloud software that diagnoses rotating-equipment faults and tracks energy consumption.
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Edmonton company selling industrial predictive-maintenance systems: the MachineDoctor wireless six-in-one IoT sensor together with cloud software that diagnoses rotating-equipment faults and tracks energy consumption.
Federal corporation 1053043-3, incorporated under the CBCA on 2017-12-07, status Active, with no former corporate name on the federal record. ised-isde.canada.ca
Its official LinkedIn page lists Edmonton, Alberta as headquarters and 2017 as its founding year. An earlier company release instead said it was founded in 2015 in Edmonton. ca.linkedin.com
Closed a Series C announced March 2025 combining equity and debt. The US$38M headline includes US$2M of secondary; BetaKit reports US$36M as primary capital. betakit.com
Sells both hardware and software: the MachineDoctor wireless sensor measures six machine-health parameters and feeds cloud analytics the company describes as driven by ML and AI algorithms. nanoprecise.io
Products Nanoprecise Sci Corp publishes on its own site. Each card links to the page it was taken from.
Wireless IoT sensor
Company describes it as a wireless battery-operated sensor measuring six machine health parameters — triaxial vibration, acoustic emissions, temperature, true RPM, humidity and magnetic flux — transmitting to the cloud over WiFi or cellular.
Learn moreEnergy monitoring software
Company describes it as tracking energy consumption patterns for motor-driven equipment sets, monitoring near-real-time power change when equipment runs in a fault state, using data collected from the MachineDoctor sensors.
Learn moreAnnounced rounds only, newest first. Undisclosed amounts are shown as undisclosed.
Jan 11, 2023
Investors: Export Development Canada, Honeywell Ventures, NSK Ltd., EC Mergers & Acquisitions
Nanoprecise announced ReliabilityOS, which it describes as an agentic AI platform combining signal processing, machine knowledge, historical maintenance context and AI reasoning to prioritise industrial alerts and produce evidence-backed analyses.
Nanoprecise announced a Series C led on the equity side by Yaletown Partners and co-led by BDC's Industrial Innovation Venture Fund, with Export Development Canada and BMO Capital Partners, alongside a CIBC Innovation Banking credit facility. BetaKit reports US$36M as primary capital within a US$38M headline that includes US$2M of secondary.
Sourced from the company's own pages or announcements.
Manpreet Singh
Chief Executive Officer
Sunil Vedula
Founder
Terms the company uses about its own work.
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