Battery Ventures Invests €33.5M in Proemion
October 24, 2022
Battery Ventures has made a €33.5 million growth investment in Proemion, the Germany-based provider of hardware-enabled telematics and cloud software for mobile machines. The capital will be used to accelerate international expansion, broaden Proemion’s telematics platform and pursue acquisitions; Battery partners have joined Proemion’s board as part of the transaction.
- Buyers
- Battery Ventures
- Targets
- Proemion
- Industry
- Cloud & SaaS
- Location
- Hesse, Germany
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Proemion Holding GmbH Acquires TrendMiner NV from Software AG
April 18, 2024
Data & Analytics
Proemion Holding GmbH, a Battery Ventures–backed industrial data and analytics provider, has agreed to acquire TrendMiner NV from Software AG. The acquisition adds TrendMiner’s web-based, self-service industrial analytics platform to Proemion’s offering, expanding its capabilities into process industries and enabling sales to a broader set of industrial customers.
-
HEST Investments Invests in Valerion to Advance Battery Technology
June 1, 2024
Energy
Dallas-based family office HEST Investments made a growth-stage investment in Valerion, a University of Michigan–based battery technology company, in June 2024. The capital will fund further testing and development as Valerion advances its battery technology toward commercialization for EVs and other energy-storage markets.
-
Battery Ventures Makes Significant Growth Investment in ORTEC
January 16, 2024
Data & Analytics
Battery Ventures has made a significant growth investment in ORTEC, a Netherlands-based provider of decision-support software and data-science services, to accelerate ORTEC’s product and geographic expansion. The partnership will support ORTEC’s reorganization into three divisions (logistics & routing, workforce management, and data science & consulting) and strengthen its presence in the US and Europe; ORTEC founders remain on the board.
-
Battery Ventures Majority-Growth Investment in MadCap Software
January 11, 2022
Software
Battery Ventures has made a majority-growth investment in MadCap Software, a San Diego-based provider of single-source, multi-channel content authoring and publishing software. MadCap will use the funding to accelerate product enhancements, expand its services and global presence, improve go-to-market capabilities, and potentially pursue targeted acquisitions.
-
Valedo Partners Invests in Proteria AS
January 31, 2023
Software
Valedo Partners III AB has made a growth investment in Proteria AS, a Norwegian provider of freight, transport administration and customs management software. The partnership will provide capital and competence to accelerate Proteria’s expansion and growth; Proteria’s previous owners, employees and board members also participated as investors.
-
Sumeru Equity Partners Invests $70M Growth Round in iProov
January 6, 2022
Cybersecurity
Sumeru Equity Partners committed $70 million in growth capital to iProov to accelerate the biometric face-authentication provider’s expansion in the United States and internationally. The investment will support product and partner-network growth, hiring, and scaling of iProov’s Genuine Presence and Liveness Assurance technologies.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.