X2 Equity | News

sensemetrics acquired by Bentley Systems to accelerate Infrastructure IoT

May 14, 2021

X2 portfolio company sensemetrics Inc., a global Industrial IoT (IIoT) and cloud technology company transforming sensor data into real-time business intelligence, has been acquired by Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company.

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X2 portfolio company Adapdix secures Series A funding to accelerate growth of AI-powered automation and control software

December 8, 2020

Adapdix Corporation, the digital transformation leader in Edge AI automation and control software, today announced the completion of an $8M Series A funding round, led by WRVI Capital, with participation from Micron Ventures and existing investor X2|Equity.

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X2 partners with ADAPDIX

October 2, 2019

X2 has invested in Adapdix Inc. (CA), an innovative provider of AI based machinery data analytics software for advanced manufacturing environments.

Adapdix’ EdgeOps™ platform is a software-only solution that combines advanced machine learning and artificial intelligence (ML/AI) analytics with a distributed, edge-based platform. EdgeOps™ enables end customers in the semiconductor, electronics, manufacturing and automotive industries to transition from relying on reactive maintenance strategies to advanced, predictive monitoring and control of their end-to-end operations.

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VAREX Imaging acquires Direct Conversion AB

April 29, 2019

Direct Conversion AB, a portfolio company of X2 has been acquired by Varex Imaging, the world’s largest independent supplier of medical X-ray tubes and image processing solutions (Nasdaq: VREX).

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X2 invests in Sensemetrics

December 11, 2018

X2 partners with Sensemetrics and participates as lead-investor in the Company’s Series A financing round.

Southern California based sensemetrics Inc. is a leading innovator in the Industrial Internet-of-Things (IIoT) market. The company offers the only market-proven cloud-based enterprise software platform that simplifies connectivity and standardizes industrial sensor data, enabling its industrial customer base to more efficiently provide active risk management and safety solutions.

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X2 invests in FBGS

September 05, 2018

X2 Equity invests in FBGS – a leading supplier of advanced fiber-optic sensing solutions and components based on Fiber Bragg Gratings (FBG) technology.

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X2 invests in LIMATA

June 2017

X2 Equity has invested in LIMATA GmbH – an innovative provider of Digital Direct Imaging System solutions for the global PCB manufacturing industry and adjacent markets.

X2 partnered with Limata to actively support the development and implementation of a new product strategy based on a new technology roadmap, to establish international sales channels with a key focus on Asia and to build a lean and scalable operational platform.

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