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Proxima Systems
Automation for agriculture and industry
About Proxima Systems
Proxima Systems specializes in industrial and agricultural automation, providing advanced solutions to enhance productivity and efficiency. The company operates in the industrial automation market, serving clients in agriculture and various industrial sectors. Its core product is a web application that allows for the remote supervision and management of machines and processes. This application is supported by electronic devices installed in each machine, which transmit data and receive instructions in real-time. Proxima Systems also offers specialized products like PRX SOIL, a soil humidity sensor with an integrated solar panel, and Video Weather, a meteorological station with video surveillance capabilities. The business model revolves around selling these automation solutions and devices, generating revenue through product sales and possibly service contracts. Recently, Proxima Systems became part of the Alkhorayef Group, a strategic move that aims to expand its market reach and capabilities.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jan 2002 | $10M | $40M | Fonds de solidarité FTQ | — |
| SERIES B✓Equity / VC | Jul 2001 | $9.8M | $39M | Fonds de solidarité FTQ | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Proxima Systems is 420 monthly website visits, down 54.8% over the last three months. Proxima Systems's team grew 22.2% over the past year.
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Investments and acquisitions
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Investors
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Series A1 investor entered at this stage
Fonds de solidarité FTQ
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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