Aloxy - About the company
Aloxy is a series C company based in Antwerp (Belgium), founded in 2017. It operates as an IoT solution for the petrochemical industry. Aloxy has raised $14.3M in funding from Industrya and imec.istart. The company has 135 active competitors, including 12 funded and 9 that have exited. Its top competitors include companies like IEE, TacSense and Brooks Instrument.
Company Details
Aloxy, a spin-off of imec and the University of Antwerp, develops Internet of Things enabled solution for the petrochemical industry. The solution comprises of a plug-and-play device that can be attached to critical assets such as handwheel or valve lever for remotely monitoring its position, regular maintenance or the turnaround progress. The device is equipped with multiple inertial sensors that enable it to detect changes in the environmental temperature & atmospheric pressure, vibrations & movement, inclination & rotation, and magnetic fields. The company also provides a cloud platform to access the data collected by the sensor and gain actionable insights into the industrial operations. The company was a part of Plant 4.0 incubator 2017, an initiative from major industrial players in the process industry.
- Website
- www.aloxy.io/
- Email ID
- *****@aloxy.io
- Registered Address
- Sint-Pietersvliet 7 2000 Antwerp
Key Metrics
Founded Year
2017
Location
Antwerp, Belgium
Stage
Series C
Total Funding
$14.3M in 4 rounds
Latest Funding Round
Ranked
2nd among 135 active competitors
Employee Count
33 as on Jun 30, 2026
Legal entities associated with Aloxy
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Aloxy's funding and investors
Aloxy has raised a total funding of $14.3M over 4 rounds. Its first funding round was on 2017. Its latest funding round was a Series C round on Feb 11, 2025 for $*****. 2 investors participated in its latest round. Aloxy has 12 institutional investors.
Here is the list of recent funding rounds of Aloxy:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 11, 2025 | 2422528 | Series C | 5885882 | 7668406 | 1766181 | 1276922 |
Jun 17, 2022 | 8715153 | Series B | 5152968 | 4287324 | 8494529 | |
Sep 07, 2018 | 8773504 | Series A | 6755794 | 2556480 | 3431021 |
View details of Aloxy's funding rounds and investors
Aloxy's founders and board of directors
Founder? Claim ProfileAloxy's employee count trend
Aloxy has 33 employees as of Jun 26. Here is Aloxy's employee count trend over the years:
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Aloxy's Competitors and alternates
Top competitors of Aloxy include IEE, TacSense and Brooks Instrument. Here is the list of Top 10 competitors of Aloxy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IEE 1989, Mersch (Luxembourg), Funding Raised | Provider of sensors for industrial applications | - | 44/100 | |
2nd | IoT solution for the petrochemical industry | $14.3M | 40/100 | ||
3rd | Manufacturer of flexible pressure sensors | $20.4M | 40/100 | ||
4th | Brooks Instrument 1946, Hatfield (United States), Acquired | Manufacturer of flow control and flow measurement devices and instruments | - | 38/100 | |
5th | Oxsensis 2003, Didcot (United Kingdom), Acquired | Manufacturer of SF6 gas handling and monitoring equipment | $13M | 37/100 | |
6th | Develops MEMS based pressure sensors and transducers | $37.4M | 37/100 | ||
7th | Superior Sensor Technology 2016, Santa Clara (United States), Series A | Manufacturer of application specific pressure sensor | $4.5M | 37/100 | |
8th | Wireless sensor network and monitoring system solutions provider | $4.68M | - | 35/100 | |
9th | Organic Robotics Corporation 2018, Rochester (United States), Funding Raised | Smart wearable fabric that can measure pressure and strain in real time | - | 35/100 | |
10th | Transducers Direct 1999, Cincinnati (United States), Unfunded | Pressure sensors and transducers | - | - | 35/100 |
Looking for more details on Aloxy's competitors? Click here to see the top ones
Aloxy's Investments and acquisitions
Aloxy has made no investments or acquisitions yet.
News related to Aloxy
•
Antwerp’s Aloxy raises €7.4M to build IIoT solutions for the energy and chemical industrySilicon Canals•Mar 11, 2025•Aloxy, Dow Chemical Company, Emerson, Qbic Fund and 7 others
•
Belgium-based Aloxy raises €3.8M for its plug-and-play Industrial IoT platformSilicon Canals•Jun 17, 2022•Aloxy, Industrya, Qbic Fund, Innovation Fund and 2 others
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