TVARIT

Germany - Frankfurt am Main, Hesse

• 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.

Related People

Suhas PatelFounder

Germany - Frankfurt Rhine-Main Metropolitan Area

With the vision of "Driving the world towards sustainable and zero-waste manufacturing", I excel at establishing scalable organizations with a passion for process standardization. I am an entrepreneur who knows the way, goes the way, and shows the way!

I have set up and steered greenfield factories in metal processing, densified biofuel, and packaging machinery. I witnessed several manufacturing losses during my tenure, which can be greatly avoided using domain-aware software. Consequently, I have taken up the challenge to drive the world towards sustainable and zero-waste manufacturing with Tvarit's comprehensive suite of industrial AI technologies.

Being a master of the leadership dichotomy; I know when to lead, when to follow and when to maneuver aggressively. My expertise in tackling teams enables me to decide when to pause and let the things develop, when to detach and let teams run themselves and when to dive into the details and micromanage. I apply this Mantra which enables me to work closely with teams and lead one of the best AI organizations in Europe.

I am passionate and focused on nurturing and evolving 100 leaders in the next two years with a vision of creating great teams with solid execution.

I am a firm believer and promoter of business-driven philanthropy, which has enabled me to incubate 18 startups successfully. My experience with top-notch technology conglomerates, namely Intel and Qualcomm, groomed me to set up and lead world-class tech startup.

I had the opportunity to serve TiE, a German chapter of Silicon Valley based entrepreneurship organization as the president. Recently, I have been nominated as an Ambassador at GINSEP (a bilateral startup exchange program supported by German Federal Ministry for Economic Affairs and Energy), and a sought-after speaker at the World Sustainable Energy Days Conference.

LinkedIn https://www.linkedin.com/in/patelsuhas/