Tvarit
Ludwigstraße 31, Frankfurt am Main, Hessen, 60327, Germany
Overview
TVARIT develops and commercializes a patented industrial AI solution focused on foundries and metalworking industries to reduce waste, energy consumption, and greenhouse gas emissions. The company’s product uses AI to help metal manufacturers increase efficiency and cut their carbon footprint. TVARIT positions itself at the intersection of industrial optimization and sustainability as a deep-tech startup. It was founded in 2019 by Patel and Rahul Prajapat and is based in Frankfurt, Germany. The company already operates in nine countries across five continents and plans to use new funding to further expand internationally. In October 2023 TVARIT completed a €6.5M Series A to support growth and commercialization efforts.
- Total raised
- $7M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Nov 2023
Industries
- B2B
- Consulting
- Energy Efficiency
- Industrial Automation
- Manufacturing
- Waste Management
Recent funding
Series A
Nov 2023
$7M