Currently there are over 65 million kilometres of roads, over 1.3 million kilometres of railroads, 4 million cell towers and over 19 million square kilometres of protected land, with new infrastructure such as power lines, pipelines, factories, bridges and tunnels being built every day to accommodate the growing need for people to travel and connect with our increasingly global world. All these assets need to be monitored, serviced, upgraded, as well as periodically replaced or removed – a task which often requires a significant amount of resources. As the size and complexity of asset networks around the globe continues to expand, there is a need for a step change in how such assets are maintained and managed. At MYX we have found a solution – digital twins of the world in your pocket. Incredibly accurate digital representations of the real world available on your smartphone to help you make the best decisions for your business on the fly, and from any location. Empowered by our proprietary AI algorithms using Big Data, you will be able to gain new insight into your own assets and get the big picture while also not missing out on any of the important details.
Location: Bulgaria
Employees: 51-200
Total raised: $3.76M
Funding Rounds 1
Date | Series | Amount | Investors |
03.06.2022 | - | $3.76M | - |
Mentions in press and media 5
Date | Title | Description |
25.10.2023 | Which Bulgarian Software Startups are Influencing the Tech Industry in 2023? | Bulgaria is a burgeoning hub for technological growth and innovation in the European tech scene. Amongst these innovate businesses are a number of software startups contributing to this landscape. They offer unique solutions across a range ... |
03.06.2022 | Digital twins startup MYX raises €3.5M to bring 5G rollout to Europe and the US | Sofia, Bulgaria ~ Company: The Bulgarian AI and data analytics startup that specializes in the development and the market commercialization of digital twins, MYX raised a €3.5M from the Swiss strategic investor Connect44 and current investo... |
09.02.2022 | Elewit selecciona a ocho startups para desarrollar pilotos de innovación de 5G, inteligencia artificial, gemelo digital, IoT y edge computing | 09/02/2022 Nota de prensa ELEWIT SELECCIONA A OCHO STARTUPS PARA DESARROLLAR PILOTOS DE INNOVACIÓN DE 5G, INTELIGENCIA ARTIFICIAL, GEMELO DIGITAL, IOT Y EDGE COMPUTING. Elewit, la plataforma tecnológica del Grupo Red Eléctrica, ha selecc... |
29.03.2021 | Are digital twins the future of physical assets and infrastructure management? | Sofia, Bulgaria ~ Company: Cities, companies, and public authorities are beginning to see what benefits can derive from the use of perfect digital representations of the real world assets – from the conduction of what-if scenarios and imagi... |
- | Digital twin solutions: Bulgarian MYX receives an investment from Switzerland | The Bulgarian startup MYX has received an investment from the Swiss telecom Connect44 Group as part of the company´s latest funding round. Connect44 Group’s key aim is to develop state-of-the-art services for its customers across Europe by ... |