Sigma Industrial Precision
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Sigma Industrial Precision is a Spanish industrial-tech startup founded in 2017 in Mataró, near Barcelona, by Patricio Sáez Morales, Ramón Serra, and Carles Paul Recarens. The company developed predictive-sigma, a predictive-maintenance platform based on electrical analysis: sensors installed on industrial assets stream electrical data to the cloud, where AI algorithms build machine-behavior patterns and alert customers to potential failures before they happen. The European Innovation Council-backed company won customers including CUF, Portugal's largest private healthcare operator.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Patricio Sáez Morales, Ramón Serra, and Carles Paul Recarens found Sigma Industrial Precision in Mataró, Spain, to commercialize predictive maintenance through electrical analysis.
- Startup recognition
The company is selected as one of the 50 most promising startups of Catalonia at the Investment Forum 2018.
- EU funding
Sigma Industrial Precision coordinates the EU Horizon 2020 PREDICTIVE SIGMA project, developing its AI and IoT-based predictive maintenance platform for industrial assets.
- Commercial traction
Following an EIC Procurers Day with the José de Mello Group, Sigma closes a deal with CUF, Portugal's largest private healthcare operator; it also raises a $176,000 seed round.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.