What does MesoMat do?
MesoMat develops connected tire devices by integrating advanced sensors within tires. These sensors capture real-time data such as tread depth, tire pressure, and rubber-road interactions, which are analyzed via cloud-based analytics to provide actionable insights for drivers, fleets, and service providers.
How much did they raise?
The company raised an undisclosed amount in a Seed round, led by Ridgeline with participation from investors including RISC Capital, RPV Global, GTAN, Adrenaline, Starforge Funds, and Extra Innings Ventures.
What are their plans for the money?
MesoMat intends to use the funds to accelerate commercialization, expand hardware production, and further develop its proprietary tire management platform. This could lead to improved safety, better fuel economy, and a reduction in carbon emissions.
What have they achieved so far?
The company has already integrated advanced sensor technology with cloud-based analytics that turn tire performance metrics into actionable insights, helping users optimize tire pressure, reduce wear, and prevent failures.