TVARIT

• 17/04/2023
• Unknown
• $5,493,000

We are a specialized Deep Tech company based in Frankfurt, Germany, and a provider of cutting-edge TVARIT Industrial AI (TiA) Technology with a focus on the manufacturing industry, especially foundries and metalworking companies. Our sole mission is to enable a sustainable, zero-waste manufacturing using our technology by almost eliminating energy losses, waste and maximizing machine and equipment availability.

Through our unique patented technologies like “Hybrid AI” & “Transfer learning,” we guarantee first results (on average -30% less scrap and -20% less energy consumption) within 2-3 months and thus an ROI under 6 months.

With our technology TiA, we combat the knowledge drain at foundries and metal companies. The expert knowledge is "conserved" and continuously increased making the platform smarter and more accurate through longer use.

We are creating "Digitally Empowered Operators": by using TiA less experienced operators can be "empowered" to make optimal recipe adjustments in real-time, ensuring virtually defect-free and non-disruptive production.

Our customers include world-renowned manufacturing companies in the metal industry such as Aditya Birla, Kamax, Schunk Group, and Maxion Wheels.

In addition to proven results from more than 55 industrial projects in reducing scrap, increasing machine availability & productivity as well as reducing CO2 emissions, we have been recognized as the best AI company in Europe in the track “Best Smart Factory Startup in Europe" (out of 8 tracks with 495 participants) by the European Data Incubator (EDI) in 2020.

Check out our website www.tvarit.com for more details on what we do.

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