# Aloxy NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aloxy

- Industry: Software
- Headquarters: Antwerp, Belgium
- Website: www.aloxy.io
- Total disclosed funding: $2.3M
- Latest round: Series A (Jul 20, 2018)
- Investors on record: 6

## About

Based in Belgium, Aloxy NV specializes in providing Industrial Internet of Things (IIoT) solutions to enhance the safety, reliability, and efficiency of process facilities, focusing particularly on manual valve monitoring.Aloxy NV was founded in 2017 and is headquartered in Antwerp, Belgium. The company focuses on IIoT solutions, addressing challenges related to manual valve monitoring. The founders include Carl Stevens, Glenn Ergeerts, Jan Coppens, Jürgen Moors, Maarten Weyn, and Wim Coeckelbergh, while Frank Gielissen serves as CEO. Aloxy has engaged in three funding rounds, with the most recent deal completed on March 11, 2025, where the company raised EUR 7.4 million from investors including Dow Venture Capital, Emerson Ventures, and returning supporters such as Qbic Fund and University of Antwerp.Aloxy specializes in end-to-end IIoT solutions, particularly through its core product, the Aloxy Pulse. This sensor, certified for IECEx and compliant with ATEX/C1D2 standards, provides real-time monitoring of the position of manual valves employing low-power wide-area network (LPWAN) protocols, such as LoRaWAN. Aloxy serves customers across various regions, including Europe, North America, South America, Asia Pacific, and the Middle East, addressing the need for enhanced monitoring in industrial sectors.Aloxy operates on a revenue model focused on selling its IIoT solutions, particularly the Aloxy Pulse sensors and IIoT Hub technologies. The company engages in B2B transactions, primarily selling directly to industrial operators. Its pricing structure consists of one-time hardware purchases complemented by ongoing software and service support, with the IIoT Hub likely operating on a subscription basis to provide continuous system access and support.In March 2025, Aloxy NV raised EUR 7.4 million in funding to support its global expansion efforts. The company plans to utilize this funding to design and launch new products aimed at enhancing operational efficiency. Specific target markets for expansion include regions beyond its existing customer base, though precise locations have not been disclosed.

## Funding rounds

- Series A, Jul 20, 2018, $2.3M — Fidimec, University of Antwerp (UA), Qbic Fund, Innovation Fund, The Co-Foundry, ENGIE Fabricom Belgium

## Investors

- Fidimec — Series A
- University of Antwerp (UA) — Series A
- Qbic Fund (https://capitalatlas.ai/funds/qbic-fund) — Series A
- Innovation Fund (https://capitalatlas.ai/funds/innovation-fund) — Series A
- The Co-Foundry — Series A
- ENGIE Fabricom Belgium — Series A