Tech Company Financing Transactions
Tvarit Funding Round
On 10/31/2023, Tvarit landed $7 million in Series A investment from Futury Capital, Momenta and 4impact.
Transaction Overview
Company Name
Announced On
10/31/2023
Transaction Type
Venture Equity
Amount
$6,970,000
Round
Series A
Investors
Proceeds Purpose
The company will use the funds to expand zero waste metal manufacturing.
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
Browse more venture capital transactions:
Prev: 10/31/2023: GreenLite venture capital transaction
Next: 10/31/2023: QI Tech venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs