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US deeptech startup Infinite Uptime secures $35m series C

Deeptech startup Infinite Uptime has raised US$35 million in its series C funding round, led by Avataar Ventures. Other participants included StepStone Group, LGVP, and existing investors such as Tiger Global and GSR Ventures.

Founded in 2015 by Raunak Bhinge and YC Chen, Infinite Uptime provides real-time fault diagnostics and machine monitoring using sensor-enabled technology. Its systems analyze frequency vibrations to detect issues in mechanical equipment.

The startup serves over 300 customers across more than 800 plants in 26 countries, including industries like cement, steel, chemicals, and pharmaceuticals.

The company plans to use the new funding to expand its presence in the US and other international markets.

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