DI Technology

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Arch Systems Secures New Funding with DI Technology and Neotribe to Accelerate Global Expansion

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Arch Systems, DI Technology

Arch®, the leading provider of data and analytics for manufacturing operations, proudly announces successful additional funding with DI Technology, a Munich-based B2B technology investor with a focus on Industrial Tech and Enterprise SaaS, and Neotribe, a Silicon Valley venture capital firm investing in leading AI and data technologies. This investment not only bolsters Arch Systems’ position in the market but also marks a significant step toward accelerating Arch’s strategic expansion in Europe and globally.

The additional funds from this investment round will be instrumental in further enhancing Arch Systems’ technological capabilities, expanding its team, and facilitating the company’s global market penetration.

Read more at Arch Systems Blog

Mercanis Raises $10M Series Seed Investment in Mission to Boost Further Savings for Procurement Teams

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Mercanis, Signals VC, DI Technology, Speedinvest

Mercanis, a Berlin-based start-up announces the completion of its latest seed funding of $10M. The round was led by institutional funds such as Singals.VC, DI Technology, and Speedinvest. Successful entrepreneurs and well known angels such as Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana), Victor Jacobsson (Klarna) also played a significant role. Mercanis sets itself apart from competitors with its easy-to-use sourcing and supplier management tools. These tools leverage networking benefits and automated processes to save more than 40% of the costs.

Read more at PR Newswire