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Home World Regional News Europe

Belgium’s Qviro picks up €1M

Femi Thomas by Femi Thomas
08/25/2022
in Europe
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Qviro Belgium

Qviro Belgium

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Belgium-based online robotics marketplace Qviro has raised €1 million in funding. The round was backed by LRM, Industrya, and imec.istart.

Founded by Sven De Donder and Jorg Hendrikx, the startup digitizes the procurement process of industrial technology such as robots and machines.

Going forward, the new cash will be used to unveil the online marketplace for Industry 4.0.

Co-founder Jorg Hendrikx said: “User reviews are used a lot already on webshops and consumer review platforms like Tripadvisor. 

But what makes Qviro so unique is that we use reviews in a professional context. We collect reviews for purchasing and selling industrial automation technology. 

Those reviews make it possible to make a good choice for a buyer and are also a source of market insights. 

Then, we sell those data and insights to large industrial companies.”

 

Read more on Tech Gist Africa:

Belgium’s StoryChief secures €3.4 Million

Belgium’s Unifly raise in €10M from Japanese government

Berlin-based bunch bags €7.3 Million

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