Assembly Line

Braincube raises €83 million of growth equity investment from Scottish Equity Partners and Bpifrance - Braincube

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Braincube, Scottish Equity Partners, Bpifrance

Braincube, a market-leading manufacturing data software platform with specialist industrial applications, has raised €83 million of growth equity investment. The investment was led by Scottish Equity Partners (‘SEP’).

Braincube’s Industrial Internet of Things (‘IIoT’) platform helps manufacturers increase their profits using data insights to improve quality, productivity, and sustainability in their factories. Production line optimisations, resulting from Braincube’s use-case driven framework and proprietary AI, have already saved customers more than $10 billion, and have reduced carbon emissions by 2.5 million tonnes.

Braincube’s customer base spans several Manufacturing verticals, with a particular specialism in the food and beverage, pulp and paper, building materials, and tires and plastics sectors. Customers include leading global manufacturing companies such as Bridgestone and International Paper.

Read more at Braincube Resources