In a Series A+ round, Remberg receives 15 million euros 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 has received 28 million euros in funding.
Remberg develops an intelligent maintenance platform for industrial companies, with the aim of preventing 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. According to the company, over 150 customers are currently managing more than one million industrial systems with the solution.
“We are developing the leading maintenance platform in the age of AI to secure the competitiveness of European industry,”
says David Hahn, CEO and co-founder of Remberg.
Remberg targets industrial mid-market companies in particular. There, maintenance and servicing processes often still take place manually or with outdated systems. Remberg’s AI-driven solution integrates into existing IT structures and works regardless of whether maintenance software is already in use. When a malfunction occurs, employees scan a QR code directly on the machine and immediately receive solution suggestions from an AI chat based on historical data.
“The focus on AI, the simple, mobile usability, and the ability of the Remberg maintenance software to integrate into existing processes help industrial companies gain a competitive advantage, especially when it comes to reducing unplanned downtime,”
says Markus Kleiner, managing director of H.-D. Schunk GmbH & Co.
Remberg focuses on expansion and further development
With the fresh capital, Remberg plans further expansion into key European markets as well as technological development in the area of predictive maintenance. Founders David Hahn, Julian Borg, Cecil Wöbker, and Hagen Schmidtchen started the startup in 2018 as a spin-off from TU München and the CDTM.
Investor Julius Lühr, partner at Acton Capital, explains:
“Remberg helps European industry optimize its operations. In the current geopolitical situation, machine availability and competitive costs are more important than ever – Remberg provides the digital infrastructure for that.”
Philip Edmondson-Jones, partner at Oxx, also emphasizes the startup’s potential:
“Remberg is rapidly becoming an essential system for maintenance teams of forward-thinking industrial companies in Europe. We are very pleased to support the team in rolling out Remberg’s market-leading AI capabilities across the entire European continent.”
