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December 1, 2023

Braincube Raises €83M to Propel Manufacturing into the Future

Braincube isn't a software company, their solutions aren't only operations heir solutions aren't about mere operations

In a significant stride towards revolutionizing manufacturing, Braincube, the French manufacturing data software company, proudly announces a momentous €83 million in growth equity investment. This latest funding round catapults Braincube's total funding to an impressive €95 million, marking a pivotal moment in the company's journey.

Braincube's cutting-edge Industrial Internet of Things (IIoT) platform stands at the forefront, empowering manufacturers to elevate profits through data-driven insights. By harnessing the power of data, Braincube focuses on enhancing quality, productivity, and sustainability within factory operations.

The impact of Braincube's innovations speaks volumes, having already saved customers over $10 billion while significantly reducing carbon emissions by a staggering 2.5 million tonnes. This success is attributed to Braincube's unique framework and proprietary AI, driving optimization across production lines.

Operating in manufacturing sites across 35 countries, Braincube's software has left an indelible mark across diverse manufacturing verticals. Noteworthy specializations include the food and beverage, pulp and paper, building materials, and tire and plastics sectors. Among its esteemed clientele are industry giants such as Bridgestone and International Paper.

Laurent Laporte, the Founder and CEO at Braincube, envisions a world where every factory operates at peak efficiency. He notes that Braincube is the key to manufacturers realizing their Industry 4.0 vision.

This funding round, led by Scottish Equity Partners (SEP) and Bpifrance, underscores the impressive standing of Braincube in the industry. Angus Conroy, a Partner at SEP, expresses excitement about the partnership, citing Braincube as an exceptional business with a robust product, esteemed customers, and a history of robust growth. The alignment of values and visions makes this collaboration a cornerstone for the next phase of growth.

In essence, Braincube's recent funding surge propels not just a company but an entire industry into the future, setting the stage for manufacturing excellence in the era of Industry 4.0.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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