Press release
The start-up Morphosense announced it has raised €2 million from Sofimac Innovation, Bouygues Construction and Crédit Agricole Alpes Développement
25-02-2019
A strategic partnership for collecting data and optimising maintenance
The product of the start-up, called Neuron, is based on a system of high-precision sensors associated with patented algorithms which makes it possible to measure the static and dynamic behaviour of structures and to carry out predictive maintenance. The collaboration with Sofimac Innovation, Bouygues Construction and Crédit Agricole Alpes Développement will make it possible to operate this breakthrough technology on projects in the sectors of civil engineering, offshore and building, offering improved quality, safety and services.
Fundraising to speed development
With this partnership, Morphosense hopes to accelerate commercial development on its two priority markets, civil engineering and offshore, strengthen its commercial and technical teams, and finalise its technological developments with the market launch of the V2 of its product, allowing an improvement in performance by a factor of three. It will also seek to have Neuron awarded ISO 9001 and ATEX certification, as well as continue with the development of predictive maintenance software bricks using artificial intelligence and machine learning, employing indicators collected by the Neuron system.
Figure 1. Schematic diagram general functioning of the Neuron solution