Miguel Cordon · · 1 min read

The deck behind SG industrial AI firm’s seed round

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Groundup.ai provides AI-backed solutions for industrial companies. It provides systems for predictive maintenance, computer vision, and industrial vehicle safety monitoring, among others.

The Singapore-based firm’s client list includes P&G, ExxonMobil, and Infineon. Groundup offers them a potential 20% increase in equipment uptime and an expected return on investment of 2x to 3x.

Founded in 2021 by Leon Lim and Alex Wong, the firm used this deck to secure its seed round.

Fundraising journey

  • 2023: US$1.8 million seed round from Wavemaker Partners and Seeds Capital

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Groundup.ai secured US$1.8 million in funding from Wavemaker Partners and Seeds Capital in March.

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