Villari Secures €4M to Advance Steel Structure Monitoring with Sensor Technology
Summary
Villari, a Delft-based tech company focused on crack detection in steel structures, announced a 4 million investment round led by FORWARD.one and InnovationQuarter Capital. The round also included participation from two strategic individuals who play key roles in the companys growth.InnovationQuarter, the economic development agency of Zuid-Holland province, is known for supporting regional innovation, particularly in the Rotterdam The Hague area. This solution not only reduces costly downtime but also extends the lifespan of vital infrastructure by providing actionable data.Backed by previous investments from Delft Enterprises and business angel David Cerda Salzmann, Villari also received early support from UNIIQs proof-of-concept fund. The company has already deployed its technology at key sites, including bridges managed by the Dutch government and industrial cranes in harbors and steel manufacturing facilities across Europe.In 2023, Villari achieved significant milestones, including the DNV seal of approval, a key certification attesting to the quality and reliability of its products. The company also expanded its sensor installations among various customers, ranging from steel producers to infrastructure projects in the Benelux region.With this new funding, Villari aims to accelerate its rollout across Europe while setting the groundwork for future global market entry.