# Atomation Net

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atomation-net

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.atomation.net
- Total disclosed funding: $0.8M
- Latest round: Seed (Jan 1, 2015)
- Investors on record: 2

## About

Atomation Net provides innovative wireless monitoring solutions using Internet of Things (IoT) technology, enabling real-time data tracking for various equipment and environmental conditions across multiple industries.Founded in 2014 in Tel Aviv-Yafo, Israel, Atomation specializes in wireless sensor technology for monitoring equipment and environmental parameters. The company has completed three investment deals, with its most recent transaction occurring on January 28, 2016, when it raised USD 1.00 mn in funding led by Joule Ventures and Singulariteam. CEO Stephen Hassell oversees operations as the firm continues to develop its market position.Atomation specializes in wireless monitoring solutions that leverage Internet of Things (IoT) technology to provide real-time data on equipment, machinery, and environmental conditions. Their core product, referred to as "Atoms," consists of all-in-one wireless sensors designed to monitor various parameters such as temperature, vibration, tilt, and impact. These sensors have been deployed across diverse industries—including manufacturing, logistics, mining, and utilities—serving end users that encompass manufacturers, port operators, and mining companies. Atoms require no infrastructure or wiring, making them immediately operational in various settings, whether on the manufacturing floor or in challenging outdoor environments. The company markets its products to a broad geographical base, including regions in North America, Europe, and parts of Africa, ensuring that diverse operational needs are met in different industrial contexts.The revenue model of Atomation is structured around direct sales of their IoT sensor products and associated monitoring solutions, which may include subscription services for data analytics and reporting. Clients typically engage through B2B transactions, where multiple units of Atoms are purchased to meet the specific monitoring needs of their operations. The company also offers opportunities for partnerships with businesses looking to integrate Atomation's technology into their existing systems, providing value through enhanced operational insights. The pricing plans for these products are tiered based on the complexity and quantity of sensors deployed, which allows for scalable solutions tailored to the size and requirements of the client’s operations. Flagship offerings, such as the external temperature probe for bearing monitoring, underscore Atomation’s commitment to addressing critical maintenance and operational efficiency challenges across various industries.In January 2016, Atomation raised USD 1.00 mn to support its strategic initiatives, including the development of new products and expansion into new geographic markets. The company is focusing on launching enhanced versions of its Atoms sensors, targeting markets in Asia and South America for expansion by the end of 2024. Funding from the latest round is expected to facilitate these product developments and market entry efforts.

## Funding rounds

- Seed, Jan 1, 2015, $0.8M — Joule Ventures, Explore. Dream. Discover.

## Investors

- Joule Ventures (https://capitalatlas.ai/funds/joule-ventures) — Seed
- Explore. Dream. Discover. — Seed