Siemens

Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings

Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings

Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains …

Industrial cybersecurity startup Claroty raised $100M in a “pre-IPO round” at an estimated $2.5B valuation and reports $100M ARR, after raising $400M in 2021

Claroty provides infrastructure cybersecurity and secures connected devices in all Pfizer, BMW, Siemens and Schneider plants.

Siemens plans to spend €2B to build factories, R&D centers, and training sites globally, including a €200M plant for its industrial automation unit in Singapore

John Revill / Reuters :

Germany-based Arculus raises €16M Series A to help manufacturers, from Audi to Siemens, upgrade assembly lines with its “modular production platform”

Steve O'Hear / TechCrunch :

VAST Data, maker of high-capacity flash storage for enterprises, raises $100M Series C led by Siemens at a $1.2B valuation, bringing its total raised to $180M

VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today …

Built Robotics, which makes autonomous construction equipment, raises $33M Series B led by Siemens-backed Next47, bringing its total raised to $48M

Greg Kumparak / TechCrunch :

Bringg, which helps retailers and grocery chains with delivery logistics, raises $25M Series C from Siemens-backed global venture firm Next47 and others

The delivery logistics market is enormous.  A recent study projects it will reach $29.06 billion by 2027, driven by increasing commercial and industrial demand.

rideOS, which wants to build real-time routing and dispatch software for autonomous car fleets, raises $25M Series B led by Next47, the venture arm of Siemens

Kirsten Korosec / TechCrunch :

Siemens plans to invest $1.1B over next five years in a new startups unit focused on developing AI, decentralized electrification, blockchain apps, more

Oliver Suess / Bloomberg :