Like the boy in Iron Giant, Elmodis watches massive machines to ensure they don’t break or, worse, hurt people. The company recently raised $4.9 million to manage this task in addition to their $250,000 in seed capital from Innovation Nest in Poland.
The founders, Artur Hanc and Marcin Swiech, created a “novel way of monitoring machines,” said Swiech.
“The technology uses an electric motor as a sensor,” he said. The company is preparing to monitor thousands of massive machines using their cloud-based software and a hardware component that can read motors for problems…