SPARETECH

Raised $20M in a Series B round, announced 10 November 2026.

Total raised
$20M

Latest round Series BCountry GermanySector AI

Round

$20MSeries B, 10 November 2026

SPARETECH announced a Series B to expand geographically and help manufacturers reduce spare parts inventory while maintaining uptime.

Amount
$20M
Stage
Series B
Announced
10 November 2026
Leads
Blume Equity, Insight Partners
Other investors
Headline
Use of funds
Continue building AI for spare part availability, expand in North America and new regions, deepen existing customer work
Checked
Announced by the company
Sources
SPARETECH raises $20M Series B to help manufacturers cut industrial spare parts inventory by 60% prnewswire.com
SPARETECH raises $20M Series B to help manufacturers cut industrial spare parts inventory by 60% prnewswire.com
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Company

Uses enterprise AI to manage manufacturers' industrial spare parts inventory

Based in
Munich, Germany
Sector
AI
Website
sparetech.io ↗

Founders

Links

Website
sparetech.io ↗
LinkedIn
Martin Weber ↗, Dr. Lukas Biedermann ↗

Questions

How much has SPARETECH raised?

SPARETECH raised $20M in a Series B round, announced on 10 November 2026.

Who invested in SPARETECH?

Blume Equity and Insight Partners led. Investors include Blume Equity, Insight Partners and Headline.