In a Series A+ round, Remberg received €15 million from new and existing investors. The round was led by Acton Capital from Munich and Oxx from London. Existing investors Earlybird, Speedinvest, and Fly Ventures also participated again. In total, the Startup thus receiving 28 million euros in financing.
Remberg develops an intelligent Maintenance platform for industrial companies, with the goal of avoiding unplanned machine downtime and automating maintenance processes. The software is used by companies such as Schunk, Brandt Zwieback-Schokoladen, Liqui Moly, Minimax Fire Solutions, and Meleghy Automotive, among others. According to the company, over 150 customers currently manage more than one million industrial plants with the solution.
“We are developing the leading maintenance platform in the age of AI to ensure the competitiveness of European industry,”
says David Hahn, CEO and co-founder of Remberg.
Remberg is aimed primarily at medium-sized industrial companies. There, maintenance and repair processes are often still carried out analogously or with outdated systems. Remberg's AI-supported solution integrates into existing IT structures and works regardless of whether maintenance software is already in use. In the event of a malfunction, employees scan a QR code directly on the machine and immediately receive suggested solutions based on historical data via AI chat.
“The focus on AI, the simple, mobile usability and the ability to integrate Remberg maintenance software into existing processes helps industrial companies secure a competitive advantage, especially when it comes to reducing unplanned downtime,”
thinks Markus Kleiner, Managing Director of H.-D. Schunk GmbH & Co.
Remberg focuses on expansion and further development
With the fresh capital, Remberg plans to further expand into key European markets and advance technological developments in the field of predictive maintenance. Founders David Hahn, Julian Borg, Cecil Wöbker, and Hagen Schmidtchen launched the startup in 2018 as a spin-off from the Technical University of Munich and the CDTM.
investor Julius Lühr, partner at Acton Capital, explains:
"Remberg helps European industry optimize its processes. In the current geopolitical situation, machine availability and competitive costs are more important than ever – Remberg provides the digital infrastructure to achieve this."
Also Philip Edmondson-Jones, partner at Oxx, emphasizes the startup’s potential:
"Remberg is quickly becoming an indispensable system for the maintenance teams of forward-thinking industrial companies in Europe. We are delighted to support the team in spreading Remberg's market-leading AI capabilities across the European continent."
