Visplore is primarily aimed at the manufacturing and energy industries, where it helps to visualize data in such a way that it can also be processed directly by process specialists.
BRANDL TALOS acted for btov Partners on the investor side. The team consisted of partner Roman Rericha, attorney Stephan Strass and associate Sonam Schima.
Visplore was advised by Herbst Kinsky (Philipp Kinsky, Georg Durstberger, Carmen Walser) on the transaction.
With the financing from btov Partners, Visplore GmbH will expand its sales, marketing and development team to further accelerate its growth. Customers include electricity producer Verbund, paper manufacturer Mondi, research service provider AIT and RHI Magnesita.
Visplore GmbH was founded in June 2020 as a spin-off of the Vienna research center VRVis. Its core product is a visual analytics solution that intuitively enables Citizen Data Scientists in the industrial and energy sectors to gain new insights from big data from machines, sensors and simulations. The solution is based on 50 person-years of applied research and development that has won multiple international awards. Visplore has over 20 customers coming from Austria, Germany, and Belgium. In addition to the entry of btov Partners, Visplore GmbH is currently focusing on broadening its business model towards SMEs through a new freemium product. Further information under www.visplore.com
About btov Partners
btov Partners, founded in 2000, is a European venture capital firm focused on digital and industrial technologies. btov’s network of entrepreneurial private investors offers their unique expertise and access to non-open investment themes and founders.
With offices in Berlin, Munich, St. Gallen and Luxembourg, the company manages assets of €450 million. The network of private investors consists of 250 experienced entrepreneurs and executives from all over Europe. Among the best-known investments are Blacklane, Data Artisans, DeepL, Facebook, Foodspring, ORCAM, Raisin, SumUp, Volocopter and XING. For more information, visit www.btov.vc
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