SpaceAge Labs

01 / WHAT IT BUILT

What the company did

SpaceAge Labs was a Singapore deep-tech startup, founded in 2016 by Deepak Pitta and incubated at NUS Enterprise, that built IoT and AI solutions for remote monitoring and maintenance of distributed physical assets. Its flagship platform, remoteEye, combined low-power wireless IoT sensor nodes, long-range connectivity, and AI software to monitor water and wastewater infrastructure, urban greenery, and facilities - detecting leaks, tracking water consumption and air quality, and cutting the need for on-site manpower. The company originally did IoT consulting before pivoting to a product company in 2017, and its early customers included Singapore's national water agency PUB.

03 / EVENT HISTORY

Events in the structured record

1. 2016
   Company founded

   Deepak Pitta founded SpaceAge Labs in Singapore with co-founders Ananth Subba, Leela Krishna, and Sashikumar Y, initially offering end-to-end IoT consulting.

2. 2017
   Pivot to product company

   The company pivoted from consulting to a product company and became an NUS Enterprise incubatee in Singapore Science Park, trialling the first version of its remoteEye IoT solution to detect faulty streetlights on the NUS Kent Ridge campus.

3. 2020
   Move to PUB Singapore Water Exchange

   SpaceAge Labs moved its own unit to PUB's Singapore Water Exchange to be closer to the water-industry ecosystem, one of its key target verticals.

4. 2022
   $1.25M seed round

   The company raised $1.25 million in seed funding, co-led by Silicon Solution Partners and SEEDS Capital (Enterprise Singapore), to grow the team, expand internationally, and roll out pilot projects in Singapore, Australia, and the US; the team was about 12 people.