German deep tech startup TVARIT raises €6.5M to expand zero waste metal manufacturing

TVARIT is a specialized Deep Tech company with a focus on the manufacturing industry, especially foundries and metalworking companies. Its sole mission is to enable a sustainable, zero-waste manufacturing using its technology by almost eliminating energy losses, waste and maximizing machine and equipment availability.

🚀 Launch

2019

🏭 Industry

Deeptech

🧠Management

Rahul Prajapat (Founder), Suhas Patel (Founder), Jürgen Schmiezek (Chief Growth Officer), Kamal Galrani (VP Technology)

💸 Funding & Investors

INVESTMENT (October 2023)€6.5 million (Series A)
INVESTORS (October 2023)Momenta, Futury Capital, and 4impact Capital. Existing investor Matterwave Ventures, an industrial deep tech fund, also participated in this round.

🎯 Funding purpose

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🌐 Country HQ

Germany (Frankfurt)

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