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Million investment for Talpasolutions

Tom Schmidtgen | 22.12.2020

Million investment for Talpasolutions — Sebastian Kowitz (CEO, l.) und Philipp Lorenz (CFO) leiten das Bergbau-Start-up. (Foto: Talpasolutions)

The Essen-based tech start-up Talpasolutions receives 4.5 million euros. One of the new investors is NRW-Bank.

In Series A, mining software company Talpasolutions has raised €4.5 million in investment. The money comes from the venture capital fund F-LOG Ventures and NRW.BANK. The High-Tech Gründerfonds and the Gründerfonds Ruhr have invested again. This is intended to drive further expansion into the mining, construction and logistics sectors. "Thanks to the investment, we are going full throttle into new industries," says co-founder and CEO Sebastian-Friedrich Kowitz.

Talpasolutions offers software solutions for the mining industry. Among other things, the start-up networks machines and evaluates the data. This is intended to increase safety and optimize machine use. "The data generated by the industry is not yet used holistically today," says investor Tim Gudelj of F-LOG Ventures. "We're seeing other industries benefit from implementing Big Data analytics and AI software." The company now hopes to do the same in mining.

Bergbau Industrie 4.0 Nordhrein-Westfalen

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