Smartia secures investment from QVentures to expand its industrial AI platform.
QVentures co-led the round to support the industrial software provider through its next phase of growth.
Smartia provides industrial intelligence and artificial intelligence platforms that help manufacturing companies digitise operations and monitor assets remotely.
Smartia has secured backing from QVentures in its latest funding round to support its ongoing commercial expansion. The Bristol-based company supplies industrial intelligence software designed to help engineering and manufacturing firms transform operational data into actionable insights.
QVentures co-led the investment alongside a select group of backers. The company plans to utilise the capital to scale its operations and accelerate the market presence of its MAIO platform.
From the founder
"Working with QVentures has been an absolute pleasure, their experienced team of professionals are committed to delivering quality and excellence with our full aspirations in mind. As well as co-leading the round, we were also seeking a small number of investors to complete our round and they have delivered on point. QVentures have the clout to supercharge our growth and look forward to working closely with them."
Mauro Arruda
CEO at Smartia
Investor perspective
"We are proud to be supporting Smartia with this next stage of growth and are excited to be working alongside their experienced management team who have an excellent track record of both building and selling this type of software to market."
Robert Walsh
Managing Partner, QVentures
Use of funds
- 01Expand into international markets