ABB is acquiring Sensorfact — a fast-growing energy management company headquartered in Utrecht, Netherlands. 

Established in 2017, Sensorfact offers a scalable SaaS solution that helps small and medium-sized enterprises use AI in their operations and energy management to lower costs and increase efficiency. 

Sensorfact’s SaaS solution includes plug-and-play sensors that measure consumption on machine-level and connect to a smart software platform. The company uses algorithms to analyse the data, identify energy-saving opportunities and provide easy-to-implement advice that is unique to each customer’s operations.

The company has more than 250 full-time employees in Utrecht, Amsterdam, Barcelona and Berlin and serves more than 1,900 customers across Europe. 

Sensorfact CEO Pieter Broekema said:

“Sensorfact provides a single smart factory platform that enables customers to collect utility and production data easily and to reduce costs and carbon emissions.

We help customers achieve significant savings and continue to innovate to help customers further reduce their industrial waste. We are one of the market leaders in Europe, and together with ABB we will bring our solutions to new global markets, faster.”

According to Julia Padberg, Partner at SET Ventures and board member at Sensorfact, Sensorfact has established itself as the European market leader in AI-powered industrial energy efficiency solutions and they are on a mission to eliminate all industrial waste:

“It has been inspiring to work with a management team that is so much in control of its operations and forecasts and that continuously plays into new industry trends with its innovative solutions.”

Massimiliano Cifalitti, President of ABB’s Smart Power division, said: 

“The acquisition Sensorfact advances our digital strategy and provides an innovative way for customers to digitalise their manufacturing operations – helping them to become leaner and cleaner.”

The acquisition further expands ABB’s digital energy management offering and is expected to close in Q1 2025. Financial terms were not disclosed.

Lead image: Sensorfact. Photo: uncredited.