talpasolutions, an Essen, Germany-based IIoT (Industrial Internet of Things), analytics and intelligence solution provider for heavy industry, raised €15m in Series B funding.
The round was led by Bosch Ventures and MIG Capital with participation from new investors Hannover Digital Investments (corporate venture capital investor of HDI Group) and Prospect Mining Studio / newlab Ventures, as well as from existing investors High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, NRW.BANK, RAG-Stiftung and F-LOG Ventures.
The funding will enable the company to enhance its industrial intelligence platform and expand from mining into construction, logistics and other heavy industries.
HTGF was the first investor in the seed round in 2018, together with Gründerfonds Ruhr, and has accompanied its development in recent years.
Led by Sebastian-Friedrich Kowitz, CEO, talpasolutions provides industrial fleet management aftersales solutions to fleet operators and manufacturers in mining and other heavy industries. The company’s industrial intelligence platform collects big data and applies data science models to deliver actionable insights on how to increase asset availability, optimize maintenance, and increase productivity, safety, and sustainability.
FinSMEs
14/04/2023