Optalio closes seed financing

Lisa Marie Münster Lisa Marie Münster | 29.09.2021

Only seven months after the first financing, the Eschborn-based company raises another investment of 175,000 euros.

In February, it was 100,000 euros, now another 175,000 euros are added: The start-up Optalio has thus completed its seed financing round and is valued at 3.5 million euros. At the beginning of the year, the valuation was still 200,000 euros. The Eschborn-based company intends to use the money to further develop its products. The money comes from an undisclosed investment company.

Optalio supports small and medium-sized companies in developing a data strategy for process and production optimization in the manufacturing industry. "We are very pleased with the confidence investors have placed in us," says co-founder Alexander Brehm. "Big Data Analytics and a holistic data strategy are basic requirements for German SMEs to remain competitive in the international environment. This is exactly where we want to support SMEs in Germany with our tools," says Brehm, explaining Optalio's business concept. The Eschborn-based company promises to save resources for its customers and make production more efficient.

The start-up currently also has an event series for companies to learn more about the topic of Big Data and how the data collected in the company can be made useful. The title of the series is "Data - the hidden treasure of German SMEs", and the first event is in Frankfurt am Main on September 30. Others will follow in October and March.


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