Top Industrial Startups in 2024

Each day, very smart people find themselves looking to augment their understanding of a topic before making major investment and business decisions. Guidepoint helps to answer clients’ most pressing business questions by opening unique windows into the minds of the most experienced and enlightening experts, known as Guidepoint Advisors. Since our launch in 2003, we’ve set up more than 500,000 connections between our clients and Advisors. Our multinational client list includes seven of the top 10 global consulting firms, seven of the top 10 largest hedge funds, and many of the largest private equity firms and Fortune-ranked companies. Guidepoint’s five offices, New York, London, Singapore , Shanghai and Hong Kong, provide 24/7, quick and agile, service.

Next Generation Serverless App Platform for Industrial OEMs, Powered by IoT and GenAI

Tagup Inc. was founded in 2015 in Boston, Massachusetts. The team consists of twenty individuals, including eight data scientists. The company’s core IP is related to four areas: 1) High-performance computing pipeline (data acquisition, data wrangling, model and data delivery), 2) Time-to-event modeling (large-scale time series-based modeling of time to event, accurately predicting equipment failure and critical events over timescales ranging from days to decades), 3) Anomaly detection and operating mode classification (a semi-supervised approach for identifying unusual operation without explicit alarm thresholds), and 4) Inference and optimization (for specific applications, recommending specific control actions to optimize equipment use). Tagup’s customers are primarily in the energy industry, ranging from distribution through generation. The technology is deployed in various applications, including electric distribution networks, high-purity water systems, offshore wind turbines, and military ground vehicles, among others.

We have decided to harness the power of nature to extract metals from soils below traditional cut-off grades. We genetically enhance the natural ability of hyperaccumulator plants to absorb metals from the soil and recover metals from the biomass, not only to extract metals sustainably but also to remediate contaminated soils and increase the pool of available agricultural sites.

Dryft is a San Francisco-based startup backed by Neo, with recent funding from General Catalyst and the support of exceptional mentors and angels, including the former COO of Stripe, the co-founder & CTO of Beacon & Gavel, and technical leaders from Amazon, OpenAI, and Apple. Dryft is on a mission to automate the entire operational planning in industrial companies (e.g. inventory planning, procurement, quoting, pricing). By leveraging AI agents and our own custom models, we’re building a new category of software that makes autonomous operational decisions, replacing legacy systems and enabling industries to move faster—whether it’s building cars or responding to health crises. Our first product tackles the massive 400bn USD/year inventory carrying cost problem of US manufacturers & wholesalers. We are already working with multiple world-leading machine manufacturers (e.g. $500M revenue) on this.