DiagRAMS raises funds to develop predictive maintenance



In industry, one hour of untimely shutdown of production machines in a factory would cause an average loss estimated at 260,000 dollars, according to the study “The (rising) cost of Downtime” (Aberdeen Research). To anticipate these breakdowns, and therefore limit their economic and environmental impact, the Lille start-up DiagRAMS Technologies – the acronym RAMS stands for Reliability Availability Maintainability and Safety – has developed a predictive maintenance software which has the particularity of not requiring the addition of new sensors on the machines.

Because the highly automated production lines are already rife with them. ” Our software, which is based on Machine Learning and artificial intelligence, will use the data collected by these sensors, which are not initially intended for maintenance teams, but which can provide a lot of information, often under-exploited. “, Explain Margot Corréard, co-founder of the company, with Jean-Francois Bouin who presides over it.

Funding of 1.7 million

By crossing this information, it is thus possible to detect anomalies in order to anticipate maintenance. DiagRAMS Technologies’ software solution is the result of several years of R&D at INRIA, the National Institute for Research in Digital Sciences and Technologies from which Margot Corréard comes from as well as Quentin Grimonprez, doctor of statistics, who joined the two co-founders.

The young company, hosted at the Village by CA at EuraTechnologies in Lille, has already won over four major accounts in the energy, automotive and agri-food sectors. To continue its development, it has just raise 1.7 million euros in capital with Nord Création, Finorpa, Nord France Amornement, Nord Capital Investissement and the Cleaning Bio group, as well as a repayable advance and convertible bonds with Bpifrance and its French Tech Seed fund.

The three historical partners remain in the majority, without further details. These funds will enable them to recruit around twenty people over the next two years to expand their technical team, in order to deploy their solution and stay ahead of the technology.

Funding

Creation date : 2019

President : Jean-Francois Bouin

Amount: 1.7 million euros

Effective : 10 people

Sector: Maintenance

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