Munich-based deeptech startup remberg has raised €15 million in a Series A+ round to accelerate the development and deployment of its AI-powered maintenance software across Europe.
The round was co-led by Acton Capital and Oxx, with continued support from Earlybird, Speedinvest, and Fly Ventures.
remberg plans to expand operations in key European markets, enhance its predictive maintenance capabilities, and grow its sales and technical teams.
Tackling €500B in downtime losses
European factories lose nearly €500 billion annually due to unplanned equipment downtime, according to a 2024 Siemens report. remberg aims to reduce this figure by helping industrial firms automate and streamline maintenance through its cloud-based AI platform.
The system connects to existing IT infrastructure and can complement legacy software. Using a simple QR code on machinery, maintenance teams gain instant access to an AI assistant that provides real-time diagnostics and repair guidance based on historical data.
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From Munich with a mission
Founded in 2018 by David Hahn, Julian Borg, Cecil Wöbker, and Hagen Schmidtchen, remberg is now used by over 150 companies including SCHUNK, Liqui Moly, and Meleghy Automotive. The platform currently tracks over one million industrial assets.
CEO David Hahn stressed the importance of a European alternative to US-centric maintenance tech: “We can’t afford to hand over this software category to the US—especially when it involves the backbone of our economy: manufacturing, industrial assets, and sensitive data.”
Filling a tech gap in Europe
While US companies like MaintainX have dominated digital maintenance, Europe has lacked a comparable solution tailored to its regulatory and industrial landscape. remberg’s platform is built with GDPR-compliance, local hosting, and flexible integration at its core.
Oxx partner Philip Edmondson-Jones said: “remberg is becoming the system of record for Europe’s most forward-looking industrial companies.”
About the investors
Acton Capital, based in Munich and Vancouver, has invested in over 100 startups including HomeToGo and Mambu.
Oxx, with offices in London and Stockholm, focuses on scale-up stage B2B software startups across Europe.
With this new funding, remberg aims to cement its position as the go-to maintenance software for Europe’s industrial sector.
