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 :