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Top 4 Industrial Equipment & Machinery Companies With $1M–$5M Revenue (November 2026)

As of November 2026, Latka tracks 4 industrial equipment & machinery companies with $1M–$5M in annual revenue. They have combined revenues of $8.8M and employ 73 people. They have raised $1.3M.

Every company below is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Industrial Equipment & Machinery Companies do

Industrial equipment makers build machines and instruments for factories, labs and field sites: cutters and finishing machines, testing and inspection instruments, environmental monitors, security seals and automation systems.

Companies
4
Revenue
$8.8M
Funding
$1.3M
Employees
73

Filters

Sorting: Highest -> Lowest

Filters

Top Industrial Equipment & Machinery Companies With $1M–$5M Revenue

Showing 4 of 4 companies ranked by annual revenue.

1Palitronica Inc logo
Palitronica Inc

Kitchener, Canada

Detect cyber attacks on critical physical infrastructure

Revenue
$3M
Year founded
2019
Team size
20
2FLUX Inc. logo
FLUX Inc.

Taipei City, Unknown, Taiwan

FLUX Inc. was founded in Taiwan in 2014, had gathered people talented in multiple fields with shared believe in value of creativity. In the same year, the team headed to Silicon Valley, USA, and successfully raised more than US$1 million in a Kickstarter backer project which marks a record-breaking crowdfunding campaign in Taiwan. From then on, FLUX gradually formed as a brand that developed a series of digital solutions to the globe. 2014 | Founded in Taiwan and successfully raised more than US$1 million in Kickstarter. 2015 | FLUX moved back to Taiwan and focused on product development. 2016 | Shipped FLUX Delta to 64 countries. 2017 | Launched FLUX Delta+. 2018 | Launched the smart desktop laser machine FLUX Beambox. 2019 | Launched the world’s smallest CO2 laser machine FLUX beamo. 2019 | Established Taichung, Kaohsiung and Kuala Lumpur offices. 2020 | Launched air filter FLUX Beam Air. 2020 | Expansion of distribution and agency in the United States, Europe, Japan, Australia, etc. 2021 | Reached more than 100 local resellers globally. 2021 | Launched the FLUX HEXA 60W laser cutter for mass production. 2023 | Launched FLUX Ador, the world's first color printing laser cutter. The Ador raised over 10 million New Taiwan Dollars in crowdfunding on Zeczec. 2024 | Launched FLUX Beambox II with upgraded 55W CO2 laser.

Revenue
$2.3M
Year founded
2014
Funding
$1.3M
Team size
21
3Codetrace (MY) logo
Codetrace (MY)

Shah Alam, Selangor, Malaysia

Codetrace specialize in providing innovative solutions in machine vision, smart warehouse and factory automation. With a dedicated team of experts and a commitment to innovation, Codetrace empower business to optimize manufacturing process, enhance productivity and drive competitive advantage in today’s dynamic marketplace.

Revenue
$2M
Year founded
2017
Team size
18
4Elio Labs logo
Elio Labs

San Mateo, California, United States

Elio is redefining the way researchers see and study biology. By combining adaptive optics with AI-powered interpretation, our platform allows labs to generate insight directly from biological samples dynamically, intelligently, and without labels.

Revenue
$1.5M
Year founded
2022
Team size
14

Frequently asked questions about Industrial Equipment & Machinery Companies With $1M–$5M Revenue

How many industrial equipment & machinery companies with $1M–$5M in annual revenue are there?

Latka tracks 4 industrial equipment & machinery companies with $1M–$5M in annual revenue. Together they generate $8.8M in annual revenue and employ 73 people.

Which industrial equipment & machinery company with $1M–$5M in annual revenue is the largest?

Palitronica Inc is the largest, with $3M in annual revenue, founded in 2019.

How much revenue does a typical industrial equipment & machinery company with $1M–$5M in annual revenue make?

The average industrial equipment & machinery company in this list makes $2.2M a year, across 4 companies with reported revenue.

Who are the leading Industrial Equipment & Machinery companies with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Palitronica Inc, FLUX Inc., Codetrace (MY) and Elio Labs.

How much funding have industrial equipment & machinery companies with $1M–$5M in annual revenue raised?

The 4 industrial equipment & machinery companies with $1M–$5M in annual revenue tracked here have raised $1.3M in disclosed funding between them.

Related Hardware & Robotics categories

Inclusion Criteria

- Must make industrial machines, instruments or equipment as its main product - Includes automation integrators that build the equipment they install - Robots belong in Robotics & Drones