8power develops and supplies patented ‘‘Fit & Forget’’ real‑time condition monitoring sensors and analytics that harvest energy from asset vibrations, avoiding batteries or hardwiring. The technology, initially developed at the University of Cambridge, enables sensing, wireless communications and on‑device analytics across thousands of remote assets such as pumps, motors and gearboxes. 8power is gaining traction in the Industrial Internet of Things (IIoT) market, with a continued focus on the UK water industry. The company plans to grow in the UK and Europe and expand internationally into energy, chemical, HVAC, Oil & Gas and wider industrial settings. Management says the product helps customers plan maintenance, extend asset life and prevent catastrophic failures. The business recently completed a growth funding round to support that expansion and strengthen links to local and national government.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2020