talpasolutions offers a digital fleet and operations management solution that uses onboard sensors to monitor the lifecycle and condition of large machinery. The platform leverages data to detect issues before they occur, aiming to reduce downtime and lower repair and replacement costs. Since its launch in 2016, the company has combined mining engineering and data science to build an ecosystem connecting fleet operators, machine manufacturers, and component makers. CEO and co-founder Sebastian Kowitz says the product supercharges digitalisation in traditionally conservative heavy‑industry sectors. The company recently raised a €15 million Series B to expand its offering. talpasolutions plans to use the funding to move beyond mining into other machinery‑based industries such as construction and logistics. Founded in 2016 and based in Essen, talpasolutions offers software that connects mobile heavy machinery, collects data, and uses data-science models to turn machine data into concrete actionable insights. The platform helps machine manufacturers and operators optimize machine performance, reduce unplanned downtime and improve safety across industries. The company serves key sectors including mining, construction and logistics and says it supports customers around the world. talpasolutions will use the fresh capital to accelerate expansion in those industries and to further develop its platform. Management also plans to work on acquiring more international partners and customers to broaden adoption of its IoT capabilities in heavy industry. The startup’s existing investors include High‑Tech Gründerfonds (HTGF) and Gründerfonds Ruhr.

Total raised

$22M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2023