Tech Company Financing Transactions
Tvarit Funding Round
Futury Capital, Momenta and Matterwave Ventures invested in a $5.5 million capital raise for Tvarit. The round was announced on 4/15/2023.
Transaction Overview
Company Name
Announced On
4/15/2023
Transaction Type
Venture Equity
Amount
$5,479,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its technology development and global presence.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
Ludwigstraße 31
Frankfurt am Main, 60327
DE
Frankfurt am Main, 60327
DE
Phone
Website
Email Address
Overview
TVARIT is a world-leading deep-tech company based in Frankfurt, Germany, specialising in the development and commercialisation of a patented industrial AI solution for foundries and metalworking industries. The company was established in 2019 by our founders Suhas Patel (Serial Entrepreneur) and Rahul Prajapat (IITian) based on what they call "business-driven philanthropy". Striving for operational excellence and innovation is thereby deeply rooted in our DNA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Suhas Patel
Founder
Rahul Prajapat
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