I-care is a global leader in machine health and predictive maintenance, specializing in AI-driven hardware and software solutions that prevent industrial breakdowns. The company's core mission is to eliminate unplanned downtime for major industrial players, ensuring operational efficiency and sustainability through advanced data analytics.

I-care has joined the unicorn club after completing a $23.2 million funding round, bringing its valuation to $1.16 billion. The round was carried out as a reserved offering for existing shareholders and employees, reinforcing the internal confidence in the company's long-term trajectory.

I-care, headquartered in Mons, Hainaut, Belgium, was founded in 2004 by Fabrice Brion and Arnaud Stievenart. "Becoming a unicorn is a symbolic milestone. To achieve this, we chose to invest before reaping the rewards: we bet on AI when few believed in it, we prioritized R&D, and we built our own production unit. These choices were sometimes difficult, but they were essential to staying ahead of the game. Today, our results confirm that this strategy was the right one," said Fabrice Brion, co-founder and CEO of I-care.