Braincube Raises €83M in Funding
Summary
Braincube, an Issoire, Auvergne-Rhône-Alpes, France-based provider of a manufacturing data software platform, raised €83M in funding. The company intends to use the funds to support its global position in the manufacturing software industry. Founded in 2008 and led by Laurent Laporte and Sylvain Rubat, Braincube provides an Industrial Internet of Things (‘IIoT’) platform that helps manufacturers increase their profits using data insights to improve quality, productivity, and sustainability in their factories. Braincube’s customer base spans several manufacturing verticals, including the food and beverage, pulp and paper, building materials, and tires and plastics sectors. Customers include global manufacturing companies such as Bridgestone and International Paper.