It’s been a year since Toyota Material Handling (TMH) and IPercept Technology AB first connected through Ignite Sweden, a non-profit initiative coordinated by SISP – Swedish Incubators & Science Parks. That initial meeting led to a Proof of Concept (PoC) and has now grown into a commercial service contract—a testament to the power of strategic startup–corporate collaboration.
The PoC began in late 2021 at TMH’s Mjölby factory, focusing on two large industrial robots. The goal: explore how IPercept’s solutions could reduce unplanned downtime and improve operational reliability on mission-critical machines.
“IPercept’s novel technology has shown that it is capable of tracking mechanical degradation on a level that we have not been able to see before,”
says Mattias Dahlgren, Maintenance Manager at TMH.
“We can now follow exactly how each critical component trends over time. This not only allows us to achieve smart maintenance but also reduces downtime and energy consumption in alignment with our ISO 50001 certification.”
IPercept’s solution—described as a fitness tracker for industrial machines—combines cutting-edge sensor technology, self-tuning digital twins, and advanced analytics rooted in years of research. The result is a system that empowers production teams to move from reactive to predictive maintenance with confidence.
“It is a privilege to work with a company like Toyota—a pioneer in industrial manufacturing,”
says Károly Szipka, CEO of IPercept.
“We’ve truly enjoyed the creative atmosphere and collaborative spirit of evolving together.”
The success of the PoC has laid the foundation for a long-term strategic partnership, as TMH continues its journey toward smart maintenance and Industry 4.0.
About Toyota Material Handling Manufacturing Sweden AB
Part of Toyota Industries Corporation, TMH is a world leader in material handling solutions. In Sweden, nearly 4,000 employees support everything from product development to production, sales, and service. TMH’s offerings range from manual hand trucks to autonomous, self-driving vehicles and cutting-edge energy technologies.
About IPercept Technology AB
A Swedish deep tech spin-off from KTH Royal Institute of Technology, IPercept provides AI-based, hardware-enabled solutions that empower machine users and builders to operate and maintain industrial machines more efficiently. The technology delivers fast ROI while improving resource efficiency, uptime, and decision-making.
About Ignite Sweden
Ignite Sweden is a non-profit matchmaking platform that connects startups with established companies. Since 2017, Ignite has enabled over 5,000 meetings and 349 commercial collaborations. It is coordinated by SISP and co-funded by Vinnova and Energimyndigheten.
