TVARIT

📍 Frankfurt am Main, Germany🗓 Founded 2019👥 51 employees💰 Last funded Dec 2024
Software Development🌐 tvarit.com
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We are a specialized Deep Tech company based in Frankfurt, Germany, and a provider of cutting-edge TVARIT Industrial AI (TiA) Technology with a focus on the manufacturing industry, especially foundries and metalworking companies. Our sole mission is to enable a sustainable, zero-waste manufacturing using our technology by almost eliminating energy losses, waste and maximizing machine and equipment availability. Through our unique patented technologies like “Hybrid AI” & “Transfer learning,” we guarantee first results (on average -30% less scrap and -20% less energy consumption) within 2-3 months and thus an ROI under 6 months. With our technology TiA, we combat the knowledge drain at foundries and metal companies. The expert knowledge is "conserved" and continuously increased making the platform smarter and more accurate through longer use. We are creating "Digitally Empowered Operators": by using TiA less experienced operators can be "empowered" to make optimal recipe adjustments in real-time, ensuring virtually defect-free and non-disruptive production. Our customers include world-renowned manufacturing companies in the metal industry such as Aditya Birla, Kamax, Schunk Group, and Maxion Wheels. In addition to proven results from more than 55 industrial projects in reducing scrap, increasing machine availability & productivity as well as reducing CO2 emissions, we have been recognized as the best AI company in Europe in the track “Best Smart Factory Startup in Europe" (out of 8 tracks with 495 participants) by the European Data Incubator (EDI) in 2020. Check out our website www.tvarit.com for more details on what we do.
4
Total investors
0
Early stage
4
Mid stage
0
Late stage
2019
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
Germany
3
Switzerland
1
Investor activity2022–2024 · investors recorded per year
202212023220241
Recent (last 2y)Earlier
Frequently asked questions
Who invested in TVARIT?
TVARIT has 4 investors on record on gritt.io, 4 mid-stage.
When did TVARIT last raise funding?
The most recent investment in TVARIT recorded on gritt.io was in December 2024.
When was TVARIT founded?
TVARIT was founded in 2019.
What industry is TVARIT in?
TVARIT operates in Software Development. Find similar Software Development investors on gritt.io.
Where is TVARIT based?
TVARIT is headquartered in Frankfurt am Main, Germany.