Nanoprecise
7 known investors
Find your way into Nanoprecise
302 people in our graph share verified history with the Nanoprecise team — schools, employers, funds. One of them is your warm intro.
Shinjan Dasguptaunlockedknows Manpreet Singh · together at Larsen & Toubro Limited (overlapped)
×2knows the team · via Indian Institute of Technology, Delhi
×8knows the team · via Indian School of Business
knows the team · via Punj Lloyd Infrastructure Limited
Nanoprecise is a Canadian company that combines IoT sensors with AI-driven analytics to detect equipment faults early, reduce unplanned downtime, and cut energy waste for asset-intensive industries. It serves manufacturers and operators in sectors such as oil & gas, chemicals, automotive, and CPG through predictive maintenance technology.
Founders & leadership
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Manpreet SinghinCEO & CTOManpreet Singh is CEO and CTO of Nanoprecise, bringing 20 years of leadership experience across IoT, health tech, enterprise SaaS, and clean tech sectors.
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Prashant VermainCo-Founder & Head, India Ops & ProductPrashant Verma is a co-founder and head of India operations and product at Nanoprecise, where he oversees product management, operations, and business development for the company's predictive maintenance platform. He holds an engineering background and has worked as an instrumentation engineer, data scientist, and business analyst before transitioning to product roles; prior to Nanoprecise, he delivered business intelligence and AI solutions for Fortune 500 clients and co-created a no-code machine learning SaaS platform.
Investors · 7
Yaletown Partners✓ verifiedVancouver · $1.5M – $3.6M
CIBC✓ verifiedToronto · $1.5M – $29.2M
BMO Capital PartnersreportedToronto, Ontario
Export Development Canada (EDC)reportedOttawa
Honeywell Venturesreported · 2 sourcesCharlotte
Also in the syndicate · 2
BDC's Industrial Innovation Venture FundleadCIBC Innovation Banking
Funding
SEC filings, press & company announcements$38M disclosed across 1 round · 2025
- $38MSeries CMar 2025 · 2 sources
BDC's Industrial Innovation Venture Fund (lead), Yaletown Partners (lead), BMO Capital Partners, CIBC Innovation Banking, Export Development Canada (EDC)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 8
by search overlap
Tractian94 shared keywordsTractian provides IoT sensors and AI-powered software for industrial asset condition monitoring and predictive maintenance, helping manufacturers identify equipment failures before they disrupt production.
Netezza68 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
MaintainX57 shared keywordsMaintainX provides an AI-powered computerized maintenance management system and asset management platform designed for deskless frontline workers in industrial and operational settings. The platform enables maintenance, safety, and operational management via mobile devices, helping companies improve equipment uptime and reduce operational costs.
Asset Watch55 shared keywordsAssetWatch provides cloud-based asset monitoring software and sensor technology to help manufacturing and industrial facilities prevent unplanned equipment downtime. The company serves operations teams seeking to shift from reactive to proactive maintenance strategies.
UpKeep51 shared keywordsUpKeep provides an asset operations management platform that combines CMMS, EAM, and APM capabilities for maintenance teams. The mobile-first solution helps technicians manage work orders, inventory, and asset lifecycles in the field to improve productivity, equipment reliability, and safety.
UptimeAI45 shared keywordsUptimeAI builds an AI-based monitoring and diagnostics platform for industrial plants, providing operational guidance rather than just data, alerts, and dashboards. It targets industrial operations teams seeking to manage plant complexity and improve productivity.
MachineMetrics45 shared keywordsMachineMetrics provides a manufacturing execution system (MES) with AI-powered machine monitoring for discrete manufacturers. The platform integrates machine data, ERP systems, and production workflows to optimize scheduling, reduce downtime, and improve shop floor efficiency.
Neural Concept36 shared keywordsNeural Concept provides AI-powered engineering software that accelerates product design and R&D cycles for manufacturers across industries like electric vehicles, aerospace, and energy. The company combines machine learning algorithms with engineering workflows to improve product performance and solve complex design challenges.
Companies competing with Nanoprecise for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Nanoprecise do?
- Nanoprecise is a Canadian company that combines IoT sensors with AI-driven analytics to detect equipment faults early, reduce unplanned downtime, and cut energy waste for asset-intensive industries. It serves manufacturers and operators in sectors such as oil & gas, chemicals, automotive, and CPG through predictive maintenance technology.
- Who founded Nanoprecise?
- Nanoprecise was founded by Manpreet Singh, Prashant Verma.
- Who are Nanoprecise's investors?
- Nanoprecise's investors include Yaletown Partners, CIBC, BMO Capital Partners, Export Development Canada (EDC), Honeywell Ventures.
- How much funding has Nanoprecise raised?
- Nanoprecise has disclosed $38M raised across 1 round.