Fundz

Austrian startup Tset raised €12.7M in Series A funding led by Carbon Removal Partners to enhance its cost and CO2 management software solutions.

PRIVATEJul 29, 2024

Amount Raised

€12.7 Million

Round Type

Series A

ViennaManufacturingSoftware

Investors

Ingenics HoldingBrose VenturesCarbon Removal Partners

Description

Tset has secured €12.7 million in Series A funding to strengthen its consulting services and expand its software solution expertise. The financing round will also support the scaling of its global solution partner ecosystem.

Quick answer

Tset raised €12.7 Million in a Series A round, dated July 29, 2024. Investors: Ingenics Holding, Brose Ventures and Carbon Removal Partners. Tset is based in Vienna, Vienna, Austria.

How much did Tset raise?
Tset raised €12.7 Million in a Series A round on July 29, 2024.
Who invested in Tset?
Ingenics Holding, Brose Ventures and Carbon Removal Partners are named as investors in this round.
What does Tset do?
At Tset we’ve set out to revolutionize cost & carbon management for the manufacturing industry.
Where is Tset based and how big is it?
Tset is based in Vienna, Vienna, Austria.
Who are the decision-makers at Tset?
Fundz holds 1 contact at Tset. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Software around the same time

Companies in the same sectors as Tset that raised within 45 days of this round, from Fundz verified event records.

  • TriLite raised $22M (Series A) on September 11, 2024.
  • PBS Biotech raised $8.5M on September 11, 2024.
  • Cerrion raised $5M (Funding Round) on September 11, 2024.
  • Vuzix raised $20M (Series B) on September 5, 2024.
  • Vuzix raised $20M on September 3, 2024.
  • Evo raised $3.3M on August 30, 2024.

Who to call at Tset, and when

A new round usually means Tset is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Tset raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tset, from your own LinkedIn network

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Company Information

Company

Tset

Location

Vienna, Vienna, Austria

About

At Tset we’ve set out to revolutionize cost & carbon management for the manufacturing industry. Our software combines data-driven algorithms with decades of hands-on industry knowledge. Get in touch with us and let's find out how your cost and sustainability experts can focus on what they do best. Leading global OEMs and suppliers already trust and use Tset.

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Fundz sees it the moment Tset raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Tset raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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