Heex Technologies Raises €6M in Funding

Heex Technologies

Heex Technologies, a Paris, France-based provider of a smart data platform, raised €6M in funding.

Backers included Shift Invest, Karista, and Techstars. It is also backed by a loan from BPI France.

The company intends to use the funds to expand beyond initial focuses on autonomous vehicles to adjacent industries like Smart Cities, Industry 4.0; as more and more companies are expecting to integrate AI and autonomy to increase their productivity.

Led by CEO Bruno Mendes Da Silva, Heex provides customers with a platform that allows them to target the relevant data and share that with the right users, for purposes like supervision, system monitoring or continuous software improvement. Customers need to configure specific events that determine the conditions for extracting the associated data. It can help customers determine what part of their data can be eliminated or be saved in less intensive (‘cold’) data storage, leading to less energy needed compared to storage in the cloud with continuous access.

Heex Technologies already works with major automotive equipment manufacturers in Germany and Asia, as well as with the RATP and Nokia in France. In the United States, the company is working with the US transportation authorities on a five-year experimental project in California, aimed at retrieving relevant data from companies testing autonomous vehicles in order to improve the legislative framework and safety protocols.

FinSMEs

24/01/2024