Ackcio
Entrepreneur First '17Singapore, SG · Founded 2017 · 10 known investors
Ackcio builds Ackcio Beam, a wireless, real-time remote monitoring system that automates data collection from sensors on industrial sites and infrastructure projects. It serves industries such as construction, mining, tunneling, and rail, covering both underground and above-ground monitoring.
Also known as Ackcio Pte Ltd
Founders & leadership
Ackcio was founded in 2017 by Mobashir Mohammad and Nimantha Baranasuriya.
Investors · 10
Also in the syndicate · 5
Company profile
researched Aug 2026Ackcio (Ackcio Pte Ltd) is a Singapore-headquartered deep-tech company that builds wireless data acquisition systems for industrial sensor monitoring. Its flagship product suite, Ackcio Beam, automates the collection of data from geotechnical, structural health and environmental sensors in mission-critical industries, targeting both above-ground and underground environments such as tunnels, mines and galleries.
The Beam system consists of battery-powered Nodes into which sensors are plugged, Gateways that receive periodic sensor data from Nodes and push it to third-party or in-house software platforms via API or FTP, and Ackcio Mesh, a patented long-range mesh communication protocol linking them. Two software components ship with the system: Snape, a web-based network configuration and data management application that runs on the Gateways, and Nimbus, an Android app for configuring Nodes on site. Ackcio also offers its own sensor portfolio, including TM-L tiltmeters, the GeoArray 3D displacement sensor, and vibrating-wire piezometers, crackmeters and strain gauges. Company materials state that Beam runs entirely on the edge with zero cloud connectivity, while the sensor page describes data flowing to a Snape cloud dashboard.
The company positions the product around reliability features: retransmission of sensor data buffered locally when the network is disrupted, on-demand Gateway-to-Node communication for instant configuration changes, automatic selection of communication paths and less-congested frequencies, and compatibility with analogue (voltage, current-loop, Wheatstone bridge), vibrating wire, pulse counting and digital (RS485, RS232, SDI-12) sensors.
Founding story
Ackcio was created by two PhD researchers, Nimantha Baranasuriya and Mobashir Mohammad, both of whom obtained doctorates from the National University of Singapore; Mobashir's PhD was in IoT and wireless networking and contributed to Indriya, an open wireless testbed used by over 150 institutions. The company emerged from the first cohort of the Entrepreneur First program in Singapore. Company sources state it was founded in 2016 in Singapore with the initial aim of automating geotechnical monitoring on Singapore construction sites.
Business model
Ackcio sells hardware (Nodes, Gateways, sensors) together with bundled configuration and data-management software (Snape, Nimbus) for wireless industrial monitoring. Data can be pushed to third-party or customer-owned software platforms, and the company works with distributors, technology and manufacturing partners as part of its route to market. Sources do not disclose pricing, contract structures or recurring-revenue arrangements.
Not specified in the available sources beyond the sale of an end-to-end hardware-plus-software monitoring system through direct sales and partner/distributor channels.
Traction
As of the company website fetched today, Ackcio reports growth from a two-founder company to offices and staff in five countries with deployments in over 53 countries across six continents. At the time of its September 2021 Series A, the company said revenue had scaled significantly over the previous 12 months and its client base had expanded into 22 markets across six continents, with deployments in Singapore, Indonesia, India, China, Hong Kong, Taiwan, Thailand, South Korea, the USA, Canada, Chile, Peru, the United Kingdom, Spain, Germany and France, plus projects in the Middle East, Africa and Oceania. Published customer references include NEOTEK, Ramjack Technology Solutions, Cautus Geo AS, GEO-Instruments, SMT Nordic ApS and GEO-Inspector, and case studies cover slope stability monitoring in Turkey, tunnel enlargement monitoring in Italy and a dry tailings storage facility in the Limpopo region.
Latest developments
Current website content highlights the Ackcio Sensors portfolio (TM-L tiltmeters, GeoArray 3D displacement sensor, vibrating wire piezometers, crackmeters and strain gauges), the Snape and Nimbus software, and recent blog and case-study content on rail safety monitoring, Ackcio Mesh, and cost savings versus manual and cable-based monitoring. The management page lists Kenny Wang, a Forbes 30 Under 30 honoree in Enterprise Technology, as COO, and an advisory board chaired by Michael Gryseels. No dated developments after the September 2021 Series A are specified in the sources.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
The company describes itself as a global leader in industrial wireless monitoring solutions and states it aims to become the industry standard for reliable wireless industrial monitoring. Its 2021 Series A announcement positioned it as one of a small number of companies offering real-time wireless sensor monitoring in harsh environments, contrasting its offering with manual and cable-based monitoring systems. It was named to Forbes Asia's inaugural '100 to Watch' list in August 2021. No independent market-share data appears in the sources.
Differentiators cited by the company include the patented long-range Ackcio Mesh protocol enabling underground deployment, broad sensor compatibility across analogue, vibrating wire, pulse counting and digital interfaces, local buffering and retransmission of sensor readings after network disruptions, on-demand Gateway-to-Node communication, and edge operation without required cloud connectivity for data security and privacy.
Technology
Ackcio Mesh is a patented long-range, low-power radio mesh communication protocol used between Nodes and Gateways to exchange sensor data and configuration messages, with automatic selection of optimal paths and lower-interference frequencies. Nodes are battery-powered and store data locally when links fail; Gateways aggregate and forward data via API or FTP push. Software comprises Snape (web-based configuration and data management on the Gateway) and Nimbus (Android configuration app). The technology is described as built on years of research in wireless networks; the founders hold PhDs from the National University of Singapore in areas including IoT and wireless networking.
Go-to-market
Ackcio sells through its own regional sales and support teams and through a partner network of distributors, technology innovators and manufacturing partners. It maintains a Singapore headquarters plus sales and support offices and staff in Canada, Hong Kong, Russia, Brazil, Germany and China, with a Calgary sales office opened in 2020 covering North and Latin America. Marketing materials include success stories, brochures, white papers and product demos requested via the website.
Contractors, monitoring engineers, geotechnical specialists and asset owners in construction, infrastructure, mining and rail, including large-scale infrastructure development projects and mining operations; the company has also stated intent to enter oil & gas, energy and power infrastructure.
Geography
Headquartered in Singapore, where business operations and device production are carried out. Sales and support offices and team members are located in Canada, Hong Kong, Russia, Brazil, Germany and China. The company reports deployments in over 53 countries across six continents, including projects in Asia (Singapore, Indonesia, India, China, Hong Kong, Taiwan, Thailand, South Korea), the Americas (USA, Canada, Chile, Peru), Europe (UK, Spain, Germany, France, Italy), Turkey, and the Middle East, Africa (including the Limpopo region) and Oceania.
History
Company materials date the founding to 2016 in Singapore (internal records list 2017). A Calgary, Canada sales office was established in 2020. In September 2021 the company announced a S$4 million Series A led by Atlas Ventures, following inclusion in Forbes Asia's inaugural '100 to Watch' list in August 2021. Earlier investors named on a recruiting profile include Singapore Innovate (SGI) and SparkLabs Global Ventures. Leadership shifted over time: at the Series A, Nimantha Baranasuriya was Co-Founder and CEO and Mobashir Mohammad Co-Founder and CTO, while current site materials list Mobashir Mohammad as Co-founder and CEO, Kenny Wang as COO, and Nimantha Baranasuriya as Co-founder and Non-Executive Director.
Risks & controversies
No controversies, litigation or regulatory actions appear in the sources. Noted inconsistencies: the founding year is given as 2016 by the company versus 2017 in internal records; CEO attribution differs between the 2021 press release and current site pages; and product pages describe Ackcio Beam as running fully on the edge with zero cloud connectivity while the sensor section references a Snape cloud dashboard. Concentration in cyclical construction, infrastructure and mining end-markets and reliance on distributor and manufacturing partners are implicit in the business description; the sources give no financials beyond the S$4 million Series A.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsAckcio announced a S$4 million Series A round led by Singapore-based venture capital firm Atlas Ventures, with participation from Seeds Capital (Enterprise Singapore), Wavemaker Partners, Aletra Capital Partners, AccelerAsia Ventures, Seasight Holdings and angel investors. Proceeds were earmarked for geographic expansion, scaling R&D, and entering additional industry verticals such as oil & gas, energy and power infrastructure.
As of the September 2021 Series A announcement, Nimantha Baranasuriya was Co-Founder and CEO and Mobashir Mohammad was Co-Founder and CTO. Later company materials list Mobashir Mohammad as Co-founder and CEO and Nimantha Baranasuriya as Co-founder and Non-Executive Director.
Ackcio was included in Forbes Asia's inaugural '100 to Watch' list of small companies and startups in the Asia Pacific.
Ackcio set up a sales office in Calgary, Canada to provide regional support for deployments in North and Latin America.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Ackcioackcio.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Ackcio do?
- Singapore deep-tech firm making Ackcio Beam, a patented long-range wireless mesh system for industrial sensor monitoring.
- Who founded Ackcio?
- Ackcio was founded by Mobashir Mohammad, Nimantha Baranasuriya in 2017.
- Who are Ackcio's investors?
- Ackcio's investors include AngelCentral, Entrepreneur First, Foundamental, SGInnovate, Wavemaker Partners.
- Where is Ackcio headquartered?
- Ackcio is headquartered in Singapore, SG.