NewSpring Leads $26.5M Growth Round in Trio Mobil

July 29, 2024

Trio Mobil secured $26.5 million in growth financing led by NewSpring (via its NewSpring Growth strategy) with participation from existing investors 212 and TIBAS Ventures. The capital will be used to scale Trio Mobil’s AI- and IoT-based workplace safety and efficiency platform, accelerate U.S. and international expansion, and support product and device deployment.

Buyers
NewSpring (NewSpring Growth), 212, TIBAS Ventures
Targets
Trio Mobil
Location
Georgia, United States
Transaction Type
Growth capital

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