SPARETECH
Assembly Line
⚙️ SPARETECH secures Series A funding led by US-based Insight Partners to fuel international expansion
SPARETECH, the leading data platform for industrial spare parts, raised €10M in a Series A investment round led by New York-based software investor Insight Partners with participation from Headline and existing investors to scale internationally. Founded in 2018 by Martin Weber and Dr. Lukas Biedermann, former Porsche engineers, our solution answers the supply chain crisis with automated spare parts management processes, reducing manufacturers’ downtimes, costs, and CO2 emissions.