Nikola Labs Raises $20 Million To Accelerate Growth In Proactive
05/20/22, 12:00 AM
Location
Money raised
$20 million
Nikola Labs announced today that it closed $20 million in financing to support growing customer demand and accelerate platform development. Led by G2 Venture Partners and joined by Triangle Peak Partners, the Series A Preferred financing is Nikola Labs’ first institution-led growth round and brings total funding to $41 million to date.
Company Info
Location
columbus, mississippi, united states
Additional Info
Nikola Labs simplifies proactive maintenance and eliminates unplanned downtime for global manufacturers. A leader in sensor-based reliability solutions, its rapidly deployable, full-service, remote monitoring solution monitors the health of critical manufacturing equipment through a network of wireless sensors while machine learning and certified vibration experts analyze the data and create prescriptive and predictive maintenance alerts so machines can be repaired before failure. A spinout of The Ohio State University, Nikola Labs was founded in 2014 and was the first company launched by the Ikove Startup Nursery.
http://www.nikola.tech
Contact:
John Schoger
Nikola Labs
jschoger@nikola.tech