We’re excited to share that Oxx has co-led a €15 million Series A+ investment in remberg, alongside Acton Capital, with participation from Earlybird, Speedinvest, and Fly Ventures.
remberg is building the AI-powered maintenance platform for Europe’s industrial companies – helping them reduce costly unplanned machine downtime, estimated at over €500 billion per year. Already trusted by 150+ businesses and managing more than 1 million assets, remberg is becoming the go-to system of record for maintenance and service teams across the continent.
Phil Edmondson-Jones, who will be joining the company’s board, says:
“remberg is fast becoming an indispensable system of record for the maintenance departments of Europe’s forward-thinking industrial companies. We’re thrilled to support their team to bring remberg’s market leading AI-capabilities across the continent.”
You can read more in the coverage in the Frankfurter Allgemeine (in German), EU-Startups, and Silicon Canals, and be sure to check out the company profile on our website here. Stay tuned for more insights as to why we’re so excited to partner with David, Julius, Cecil, Hagen and the team for the next stage of remberg’s growth journey in the coming week.
