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Soter Analytics secures US$12mn investment to develop AI-driven wearables

PPE

Supported by AV8 Ventures, OTB Ventures, btov Industrial Technologies Fund, Verve Ventures and the Startup Wise Guys, proceeds will be used to fund research and development of wearable and AI-drive solutions to prevent musculoskeletal injuries

Costing worldwide organisations up to US$140bn annually, Soter Analytics, a global ergonomic technology firm, is driving expansion plans and further develop its smart technology solutions to protect workers.

Work-related musculoskeletal disorders (MSD) involve injuries to muscles, bones, tendons, and nerves.

Soter's AI-driven processing technology and wearables are applicable across a range of industries, with a focus on warehousing, manufacturing, and construction.

The technology allows workers to follow and track progress, complete manual handling training, and provides personal tutorials to shift safety cultures. 

 Tracking all significant back and shoulder movements, its wearable technology and analytics dashboard has driven a 55% reduction in manual handling injuries. 

Matthew Hart, Founder and CEO at Soter Analytics, commented, “Today marks an important milestone for Soter Analytics and our mission to empower organisations to make their workplace safer. Our bespoke technology provides an end-to-end safety solution through AI and machine learning, and this fundraise shows that our investors and partners have recognised the strength of our product. 

"This fresh capital will allow us to invest in research and development and work alongside organisations to help them improve workplace safety, decrease employee turnover, and enable injured workers return to work faster." 

 

Human factors need to be taken into account when addressing safety. (Image source: Adobe Stock)

H.E. Abdullah Ali Bin Zayed Al Falasi, director general of Dubai Government Human Resources Department. (Image source: DGHR)

Source: SafeStart

The RealWear Navigator Z1. (Image source: RealWear)

The Al Khobar 2 SWRO desalination plant located in Saudi Arabia. (Image source: ACCIONA)

The new uvex phynomic cut glove range is manufactured in Germany using 3D hand ‘formas’ to mimic the contours of the hand. (Image source: uvex)

The GS700 incorporates the capability to detect H2, in addition to its existing ability to detect natural gas. (Image source: Teledyne Gas and Flame Detection))

The campaign focuses on keeping construction sites clean. (Image source: Adobe Stock)

The new uvex phynomic cut glove range is manufactured in Germany using 3D hand ‘formas’ to mimic the contours of the hand. (Image source: uvex)

QatarEnergy LNG's CEO at the Safety Day. (Image source: QatarEnergy LNG)

H.E. Abdullah Ali Bin Zayed Al Falasi, director general of Dubai Government Human Resources Department. (Image source: DGHR)

The Tab-Ex 04 Pro DZ2 / D2. (Image source: Pepperl+Fuchs)

The Al Khobar 2 SWRO desalination plant located in Saudi Arabia. (Image source: ACCIONA)

Source: SafeStart

Both municipalities said they were committed to advancing HSE practices in the country.

The project will have an expected annual processing capacity of 900,000 tonnes of waste, making it one of the region’s largest. (Image source: EWEC)

There are a diverse range of factors to consider from suspension, soft textile materials, vented or non-vented models, to heat regulation accessories, size and aesthetics. (Image source: MSA Safety)

The workshop focused on safety in construction as well. (Image source: ICC)

The new partnership will enable HMi Elements to tap into Cobic-Ex’s global network. (Image source: HMi Elements)

Sarah Hutcheon, product development manager, OPITO. (Image source: OPITO)

To improve differentiation, hard hats can be customised with different colours and logos. (Image source: MSA Safety)

The new harness comes with integrated trauma suspension relief straps in leg pads. (Image source: Guardian)

Human factors need to be taken into account when addressing safety. (Image source: Adobe Stock)