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Tvarit
Industrial AI for zero-waste metal manufacturing
- 21-100 employees
- Artificial Intelligence
- Enterprise
- Deep Tech
- Machine Learning
- SaaS
- Gallus, Frankfurt, Germany
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Company mission
To enable sustainable, zero-waste manufacturing using our technology by almost eliminating energy losses and waste, and maximizing machine and equipment availability.
Our take
The waste generated by manufacturing processes is a massive problem that contributes hugely to adverse environmental effects. Tvarit supplies AI solutions for metal manufacturers to achieve energy-efficient, resource-efficient production, minimising waste to near zero.
Tvarit has proven results from over 55 industrial projects where it has helped reduce scrap, increase productivity, and cut carbon emissions. It boasts world-renowned metal manufacturing companies amongst its clients - such as Aditya Birla and Maxion Wheels - as well as more recognised brands such as Mitsubishi Electric and Intel.
With manufacturing being the largest and fastest-growing contributor to the industrial waste stream, Tvarit's solutions have the potential to make a strong impact across the globe. Its ambitious zero-waste mission has generated lots of attention and helped secure substantial funds that will be used to scale its software solution and drive sales globally.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Team Lunches
- Townhall Meets
- Workcations
- Sports Tournaments
Company values
- Trust - We are trusting each other to share all types of good/bad issues. Basically, we are best friends with each other
- Respect - We have highest mutual respect for each other’s opinions and beliefs
- Innovation - We believe in constant innovation culture & think out of the box while keeping the mindset of even accepting the failures
Funding (last 2 of 3 rounds)
Oct 2023
$6.9m
SERIES A
Apr 2023
$5.3m
SERIES A
Total funding: $15.1m
Leadership
Suhas Patel
(Co-founder)Board Member of the Sustainable Manufacturing Alliance at EU Tech Chamber (EUTECH). Charter Member and former President of TiE Germany. Mentor and Shareholder at Hi-Tech Pneumatics.
Rahul Prajapat
(Co-founder)Former Senior Data Scientist at Proemion, with AI and cloud computing experience. Represented India in a simulated Mars Mission by Mars Society Australia.