Braincube Gets Investment to Support Its Manufacturing Software Platform

Author photo: Marianne D’Aquila
ByMarianne D’Aquila
Category:
Company and Product News

Braincube, a manufacturing data software platform with specialist industrial applications, has raised €83 million of growth equity investment, which was led by Scottish Equity Partners (‘SEP’).

Manufacturing Software PlatformBraincube’s Industrial Internet of Things (‘IIoT’) platform helps manufacturers increase their profits using data insights to improve quality, productivity, and sustainability in their factories. Production line optimizations, resulting from Braincube’s use-case driven framework and proprietary AI, have already saved customers more than $10 billion, and have reduced carbon emissions by 2.5 million tonnes.

The company has grown strongly in recent years, and now has over 250 employees across its operations in France, Europe, the United States, and Brazil. Its software is used on manufacturing sites across 35 countries. Braincube’s customer base spans several manufacturing verticals, with a particular specialism in the food and beveragepulp and paperbuilding materials, and tires and plastics sectors. Customers include leading global manufacturing companies such as Bridgestone and International Paper.

Clipperton served as the exclusive financial adviser to Braincube on the transaction. Prior to this transaction, Braincube has been successfully supported by IRIS Capital and Next47.

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