€1.7M raised: breakdown of the funding round and investor profiles
ASTRIIS announces the completion of its first fundraising round, totalling €1.7 million. This seed funding consists of €700,000 in equity, with Crédit Agricole Alpes Développement (C2AD) and a group of Business Angels led by Grenoble Angels entering the capital, in partnership with Investessor, SAMBA (Savoie Mont-Blanc Angels) and AMBA (Arts et Métiers Business Angels). It is complemented by a €1 million banking leverage from Crédit Agricole Sud Rhône-Alpes, BNP Paribas and Bpifrance.
150% annual growth: ASTRIIS, a high-potential deeptech
Clients include leading industrialists such as EDF and TotalEnergies, in the energy, metallurgy, chemistry and paper sectors. Parmi ses clients figurent des industriels de premier plan comme EDF et TotalEnergies, dans les domaines de l’énergie, la métallurgie, la chimie et la papeterie. ASTRIIS’s predictive maintenance solution, capable of detecting faults on rotating machines up to 18 months before breakdown, addresses a fast-accelerating market.
Next steps: recruitment, product development and international expansion
“Industry is undergoing a major transition. Predictive maintenance is one of the answers. It allows responsibility and performance to go hand in hand”, declares Nicolas Saubin, president of ASTRIIS. This fundraise will finance the recruitment of specialist sales staff, the acceleration of deployment in France and internationally — notably in Italy, Germany, Spain and the United Kingdom — and the continued development of the solution to enrich its catalogue of detectable faults and improve its performance in wind energy and industrial markets.
