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Industrial IoT firm Talpa Solutions secures $16.5M in Series B funding

Industrial IoT firm Talpa Solutions secures $16.5M in Series B funding

April 18, 2023

Talpa Solutions, a Germany-based Industrial Internet of Things (IIoT) company, has raised $16.5 million in a Series B funding round. The round was led by NRW.BANK, MIG Capital, Bosch Ventures, Hannover Digital Investments GmbH, Gründerfonds Ruhr, Prospect Mining Studio, RAG-Stiftung, and F-LOG Ventures.

Talpa Solutions provides data-based insights into daily workflows. They help machine manufacturers and operators in the heavy industry make better and faster decisions. The company's solutions make data not only accessible but also understandable and usable. It enables the industry to operate more productively, safely, and sustainably.

The latest funding will be used to further develop Talpa Solutions' products and expand its global presence. The company has been one of the leading drivers of IIoT in the heavy industry, offering reliable and actionable insights to its clients. Talpa Solutions aims to continue its growth trajectory and become a major player in the global IIoT market.

The services and features of Talpa Solution

The funding round demonstrates the increasing demand for IIoT solutions in heavy industries such as mining and construction. Reliable and efficient data insights are essential for improving operations and reducing costs.

Talpa Solutions capitalize on this growing market. Visit us for more information about their latest funding round: https://founderlodge.com/round/talpasolutions-raises-16485000-Series-B-2023-04-17-Sebastian-Friedrich-Kowitz-MTIyMjc

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