<ul><li>Augury Inc., a provider of IoT sensors and AI for predicting machine repairs, has raised $75 million in a late-stage funding round.</li><li>The funding round was led by Lightrock, with participation from existing investors.</li><li>Augury's IoT sensors and AI algorithms help manufacturing and industrial businesses optimize maintenance processes by predicting potential issues and preventing failures.</li><li>Since its last funding round in 2021, Augury has analyzed over 500 million hours and generated an estimated $1 billion of value for its customers.</li></ul>

Augury raises $75M for AI-driven industrial equipment health and repair process optimization

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