DeepTech startup Samp raises €6M to speed up the deployment of its digital twins solution for sensitive industrial sites

Samp, the first AI-generated digital twins solution that establishes a constant understanding of sensitive industrial sites in a matter of days, announced the closing of a €6M fundraising round.

This strategic capital injection from tech investors Promus Ventures and Kvanted will allow the company to scale up and deploy its innovative “Shared Reality” solution internationally.

A Startup at the Heart of the 4.0 Industrial Revolution:

Founded in 2019 by Shivani Shah (ex-CEA) and Laurent Bourgouin (ex-Dassault Systèmes), Samp has already established itself as a critical reference in the DeepTech sector. Additionally, its mission is clear: to help industrial sites adapt to the growing imperatives of sustainability, safety, and staff shortages.

Samp is revolutionizing the management and maintenance of sensitive industrial infrastructures by creating the fastest and most pragmatic digital twins on the market. Moreover, Shared Reality enables constant asset monitoring, therefore reducing risks and improving the safety and operational efficiency of inspection, maintenance, and construction sites.

Cutting-edge Technology Serving Existing Industrial Sites:

For four years, Samp has been developing a patented AI and 3D streaming technology to generate digital twins and optimize the management of existing industrial infrastructures.

By integrating image captures from industrial sites, these digital twins offer a global and precise 3D vision of the state of infrastructures, allowing teams and stakeholders to make informed decisions before any inspection, maintenance, or modification.

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Samp’s technology allows for fast and constant 3D modeling and contextualizing of the technical data (diagrams, plans, and characteristics) of the equipment to be maintained or repaired. Moreover, industry leaders like Engie, SUEZ, VEOLIA, Teréga (strategic natural gas storage), Trapil, and SFDM (oil pipeline networks) have already implemented Samp’s solutions.

Laurent Bourgouin, CEO of Samp stated:

“Our ‘Shared Reality‘ solution accelerates and improves the reliability of these sites’ transition towards sustainable production. Our ambition is to become the key solution allowing industrial players to face today’s colossal challenges in terms of security, resilience, and the environment.”

Fundraising to Further Develop and Expand Internationally:

The round was led by Promus Ventures, a US VC firm focused on DeepTech investments that are also present in Europe.

Jeremy Teboul, Vice President at Promus Ventures, said:

“We are excited to partner with the team at Samp and support their mission to become the operating system of Industry 4.0. By combining artificial intelligence with technical documentation and 3D data, Samp’s Shared Reality platform significantly enhances operators’ operational efficiency and accuracy, particularly in the water and energy sectors. We look forward to supporting them in this next growth phase.”

Other investors include Kvanted, a Northern European VC firm focused on industrial technology. The capital will allow Samp to establish its leadership among companies using “Intelligent 3D Scans” as a single source of industrial truth.

Present in over 150 industrial sites in France, Samp has demonstrated its maturity and aims to become the reference method for faster, simpler, and safer monitoring of industrial assets. Further, the company solves the challenges of obsolete documentation and knowledge loss, incompatible with the urgent needs for industrial site modernization.

The Capital Raised will Help to:

• Meet the growing demand by developing the sales team in France and Europe.
• Continue R&D to stay at the forefront of AI and 3D developments, with an ambitious product roadmap.
• Prepare for international expansion outside Europe.

Laurent Bourgouin explains:

“This fundraising marks a crucial step in our development. We are delighted to be able to count on our investors’ support to realize our vision: transforming industrial sites around the world with our real-time updateable digital twins and contributing to a safer, more efficient, and more sustainable industry.”

Image Credit: Samp