Paris, October 13, 2022 – Innovacom, a pioneer of innovation capital in France, is taking a stake in SAMP. The startup has developed a patented Artificial Intelligence and 3D streaming technology that provides a true digital twin of industrial sites. This €4M funding round, in which ENGIE New Ventures and High-Tech Gründerfonds are also participating, is intended to help the company accelerate its development.
INNOVACOM INVESTS IN SAMP, THE DEEP TECH COMPANY THAT FACILITATES THE SUSTAINABLE TRANSFORMATION OF INDUSTRIAL SITES
Download the Press Release here: 2022-10-13-CP-Innovacom-investit-dans-SAMP
A specialist in supporting startups that, through their innovative technologies, are at the forefront of the environmental, economic and industrial transitions, Innovacom is taking a stake, via its technocom3 seed fund, in SAMP as part of a €4 million funding round. The deep tech startup is developing an innovative digital twin solution for process industry sites, such as thermal power plants, chemical plants and water treatment sites.
Founded in 2020 at the Paris incubator Station F, SAMP draws on a strong alliance between the industrial experience of a CEO and a Chief Operating Officer, who combine more than 35 years of experience at operators, equipment manufacturers and industrial service companies, and cutting-edge expertise in Deep Learning and 3D: the team includes three PhDs and eight patents in these fields.
SAMP’s technology uses a digital twin to provide reliable, contextualized 3D data that is revolutionizing the way transformation projects are carried out at large industrial sites. Based on this intelligent 3D model, which can be navigated intuitively by different professions, industrial work, such as repairs, is planned and carried out on the basis of reality rather than mere assumptions. Industrial asset management, predictive maintenance and performance monitoring are among the main applications that can be implemented thanks to this innovative technology.
The solution developed by SAMP thus reduces the time needed to prepare, carry out and record any on-site intervention. It also makes the framework for these interventions more reliable and secure. SAMP has already deployed its technology with major water and energy groups such as ENGIE, Suez, Téréga and Trapil.
“We were drawn to SAMP’s solution, which allows industrial sites to enjoy the benefits of an information modeling system at costs, lead times and levels of complexity compatible with the reality of the industrial environment. This innovation is a major asset in driving the environmental and energy transitions, which necessarily involve a rapid modernization of existing industrial facilities. The digital transition of industry is a major challenge, and it is one of the priority areas of our investment policy,” explains Benjamin Wainstain, Partner at Innovacom.
Laurent Bougouin, CEO of Samp, says: “Our ‘Shared Reality’ solution is the catalyst that makes the transformation of these sites toward more sustainable production more reliable and faster. Our ambition is to become the go-to solution that enables industrial players to meet today’s enormous challenges in terms of safety, resilience and the environment. This fundraising with a major partner like Innovacom allows us to accelerate our technical and commercial roadmap, drawing on their strong expertise at the intersection of industry and DeepTech.”
Legal Counsel: Thomas SALTIEL, Catherine DIRIL and Charlotte VIANDAZ
