Industry 4.0 Startup 3DSignals extends its A round with additional $8.5 Million
Israeli startup 3DSignals, specializing in Industry 4.0 solutions, has raised an additional $8.5 million in funding from Mercura Capital and existing investors. This investment is an extension of the company’s previous $12 million Series A round led by Grove Ventures, a leading Israeli venture capital fund, and State of Mind Ventures in April. 3DSignals develops sensor-based diagnostic software that monitors the performance of industrial equipment, offering real-time insights and diagnostics. The company has experienced rapid growth in Germany, where it is focused on digitizing and connecting machines in manufacturing facilities. Their software addresses the need for connectivity in older, non-digitized machinery, positioning them as a pioneer in this space.
>> Click here to read the full article originally published in CTech: Industry 4.0 Startup 3DSignals Raises Additional $8.5 Million