Aloxy Secures Series A Funding to Accelerate the Industrial IoT Revolution in Energy & Chemicals

Aloxy, a trailblazer in Industrial IoT solutions for the energy and chemical sectors, is excited to announce the closing of its latest funding round, raising an undisclosed amount from a group of forward-thinking investors. This significant capital infusion is set to accelerate Aloxy’s mission to revolutionize industrial operations by enhancing safety, efficiency, and sustainability. The company’s integrated platform spans the full spectrum of digital transformation—from advanced sensors and wireless communication gateways to a robust cloud platform that seamlessly connects with customer systems. With this new investment, Aloxy plans to bolster the development of its innovative sensor technologies, including its flagship IoT sensor solution for manual valve monitoring, while also expanding its product portfolio to cover a wider range of applications. The funding will empower Aloxy to further advance its state-of-the-art Industrial IoT platform, driving the digitization of legacy industrial assets and unlocking previously untapped data streams. This, in turn, will help industries optimize maintenance, increase operational uptime, and reduce environmental impacts through data-driven decision-making. By leveraging cutting-edge data analytics and a scalable cloud infrastructure, Aloxy is well-positioned to transform the operational landscape of energy and chemical processing facilities. The company sees tremendous opportunity in creating safer work environments while pushing the boundaries of operational efficiency and sustainability. This investment not only provides Aloxy with the financial resources to innovate and expand but also reinforces the growing confidence in industrial IoT as a catalyst for modernizing heavy industrial sectors. As Aloxy charts its next chapter of growth, stakeholders and industry partners alike can look forward to a future where digital transformation leads to smarter, more resilient industrial operations.