Tech Company Financing Transactions
Sparetech Funding Round
Blume Equity, Insight Venture Partners and Headline invested in a $20 million Series B funding round for Sparetech. The financing round was announced on 11/11/2026.
Transaction Overview
Company Name
Announced On
11/11/2026
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue building its AI platform, put surplus parts back into circulation, expand its presence in North America and new regions, and deepen work with existing customers.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Eberhardstraße 65
Stuttgart, 70173
DE
Stuttgart, 70173
DE
Phone
Undisclosed
Website
Email Address
Overview
SPARETECH is the SaaS platform that enables manufacturing companies to automate their spare parts management processes from identification to spare parts ordering, thereby sustainably reducing inventories, costs, and CO2 emissions. Together with our well known customers and partners, we are shaping the future of industrial spare parts management. We also provide a valuable piece for the Industry 4.0 vision of a complete digital twin. If you want to learn more about us or our solution, don't hesitate to contact us. You can also find the latest press releases on our news page. And for all those who want to change themselves and the world: Yes, we are hiring!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Weber
Co-Founder
Lukas Biedermann
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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