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Viezo
Providing autonomous IoT for railway monitoring and maintenance.
- AI, IoT, Mobility
- Seed
Location
Vilnius, Lithuania
Revenue size
EUR 100,000 - 499,999
Year founded
2018
Funding raised
EUR 1,000,000
Founders
Donat Ponamariov
Most relevant investors
EIT Raw materials, EIT InnoEnergy PowerUp, Angel and Venture Capital
Team size
11-20
Problem
Monitoring vast railway networks and carriage fleets is costly, and requires constant surveillance from trained personnel. Often deficiencies are identified too late, causing unnecessary delays and adding to the maintenance cost.
SOLUTION
Viezo has developed a vibration energy harvesting technology that both powers IoT devices without batteries, and automatically monitors railway tracks and rolling stock for errors and maintenance requirements.
Viezo’s energy harvesting technology converts vibrations into usable, self-sustainable electricity and provides railway infrastructure with sensors, gateways and associated forms of monitoring software that is cost-effective and safety-oriented. The solution significantly increases the lifetime of the hardware and removes the need for maintenance checks, battery changing or charging and even maintenance free for at least 12 years.
Viezo’s IoT solutions are tailored for railway operators: Powerail is a sensor placed on the axle box, and records wheelset mileage, detects flat spots on the wheels, and provides GPS-locating of wagons. Powertrack is installed on the bogie of the wagon, and identifies the exact areas in the infrastructure that needs to be checked and fixed by combining real-time vibration and GPS data.
KEY CUSTOMERS AND INTERNATIONAL PRESENCE
Viezo’s technology is mainly directed towards railway- and wagon and infrastructure owners. Key customers include LTG, Medway, Hupac, SGL, Pacific National, HVLE, Ferrotramviaria.
Team
Our team is full of intelligent, hard working, devoted people that are professional connoisseurs who want to transform the railway industry in a safer and greener direction.
Unique selling point
Viezo combines sustainable energy, machine learning algorithms and IoT to deliver a solution for the monitoring and maintenance process automation of infrastructure.
Asia Connection
Recently Viezo was selected for Plug and Play Japan Summer/Fall 2022 Batch Accelerator Programme, and thus new opportunities for connecting with Japanese and international stakeholders await.
Pitch
