Tech Company Financing Transactions

Twinsity Funding Round

Twinsity, based in Kassel, secured $2.7 million in investment from European Innovation Council Fund.

Transaction Overview

Company Name
Announced On
7/7/2023
Transaction Type
Venture Equity
Amount
$2,743,000
Round
Undisclosed
Investors
Proceeds Purpose
This investment will fuel our mission to transform the way large infrastructure is inspected and maintained, ultimately increasing operational safety and minimising risk.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Bürgermeister-Brunner-Straße 15
Kassel, 34117
DE
Phone
Undisclosed
Email Address
Overview
We built Twinsity to solve real-world problems using drone and remote sensing technology. We entered the drone inspection industry when founding the drone company Aibotix, which was later acquired by Hexagon/Leica Geosystems. We saw a big problem: Our clients could easily collect massive volumes of data during drone inspections but didn't have a solution that made it easy to manage, analyze and share this information. In 2020, we founded Twinsity and built TWINSPECT to support enterprises in sharing their data and most important find defects faster - always aiming to unlock the real value of the captured data sets.?With our vision to make physical assets worldwide sustainably safer and to provide inspection teams with the best tools, there is no time to rest for us and we are always working on new innovations to drive digital inspections forward. Thus, asset management is supported by a cutting-edge tech solution to improve the safety of buildings and infrastructures.
Profile
Twinsity LinkedIn Company Profile
Social Media
Twinsity Company Twitter Account
Company News
Twinsity News
Facebook
Twinsity on Facebook
YouTube
Twinsity on YouTube

Management Team

Title
Name
Email & Social
Chairman
Danlai Zhu
  Danlai Zhu LinkedIn Profile  Danlai Zhu Twitter Account  Danlai Zhu News  Danlai Zhu on Facebook
Chief Executive Officer
Fabien Chalas
  Fabien Chalas LinkedIn Profile  Fabien Chalas Twitter Account  Fabien Chalas News  Fabien Chalas on Facebook
Chief Technical Officer
Uwe Chalas
  Uwe Chalas LinkedIn Profile  Uwe Chalas Twitter Account  Uwe Chalas News  Uwe Chalas on Facebook
Chief Technical Officer
Julian Raabe
  Julian Raabe LinkedIn Profile  Julian Raabe Twitter Account  Julian Raabe News  Julian Raabe on Facebook


 

 

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Prev: 7/7/2023: Veloce Media Group venture capital transaction
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