The fund invested in the startup, a specialist in B2B IoT and predictive maintenance, alongside Crédit Mutuel Innovation.
The company designs and markets connected solutions, from sensors to data valorisation platforms based on artificial intelligence. Founded in 2014, the company counts more than 30 employees and is positioned on the railway and energy (utilities) markets. Its clients include SNCF, TRANSDEV, CFL, THALES, ENEDIS and RTE.
Stimio’s solutions provide its customers with major gains in their operational efficiency. In the railway industry, remote and real-time monitoring of both rolling stock and infrastructure (rails, catenaries, etc.) makes it possible to optimise maintenance plans.
For 574 INVEST “Stimio is a long-standing partner of the SNCF Group. Its offer is in line with the Group’s objective to accelerate the digitalisation and optimisation of our industrial assets. The link between Stimio and the SNCF Group has been strengthened by the investment of 574 Invest,” explains Julien Nicolas, Digital Director of the SNCF Group and President of 574 Invest.
“Stimio stands out for the technological expertise of its team, its operational excellence and the reliability of its products: three key factors of success in an industrial environment. 574 Invest is delighted to be able to support Stimio in this new phase of growth,” adds Lucas Rudolf, Investment Director of 574 Invest.
