Feelit Technologies

Company Overview

Snapshot

Founded in January 2017 by Meital Segev-Bar and Gady Konvalina, Feelit Technologies operates with 11–50 employees. The company has raised a total of $18.73 million across 7 funding rounds from 12 investors.

Business overview

Feelit Technologies develops and provides advanced sensing solutions that deliver real-time insights to manufacturers, enabling enhanced management of critical assets. The company's core technology involves patented, end-to-end, agile sensing and analytics solutions, utilizing ink-based nanotechnology sticker sensors and wireless edge devices. These non-intrusive solutions are designed for harsh industrial environments, detecting parameter changes and predicting failures in manufacturing and process systems. Feelit Technologies primarily serves industrial sectors, focusing on applications like condition monitoring and predictive maintenance for assets such as steam traps, pumps, and pipelines, contributing to operational efficiency and CO2 emission reduction.

Strategic signal

This funding round, with participation from Henkel Ventures and Takwin, signals continued investor confidence in the company's nanomaterial-based sensing technology and its potential to drive significant operational efficiencies and sustainability benefits within industrial settings. The investment suggests a strategic push towards broader adoption of its predictive maintenance solutions, reinforcing its position in the Industrial Technologies sector.

Company Intelligence Q&A

What was the outcome of the case study with a dairy processing plant?

A case study conducted with a site dairy processing plant in Switzerland demonstrated that Feelit’s Steam Trap Continuous Monitoring Solution could save up to 11,400 tons of steam and 2,200 tons of CO2 emissions.

What recognition did Feelit Technologies receive in September 2019?

In September 2019, Feelit Technologies was named the winner of Calcalist's Industry 4.0 Startup Competition.