Delft-based Villari, a TU Delft spin-off and provider of wireless structural health monitoring technology, announced that it has secured €2.5M in a seed round of funding.
Villari says the funding will facilitate its technology refinement, team expansion, market-entry, and intellectual property protection.
The investment comes from lead investor FORWARD.one, and co-investors InnovationQuarter Capital and Delft Enterprises.
Founded in 2019 by Olivier Baas, Villari has developed sensor tech that detects tiny fractures in steel structures, crucial for heavily loaded assets like bridges and industrial cranes.
This ensures safety by closely monitoring structural integrity.
The company was built on previous investments by Delft Enterprises and business angel David Cerda Salzmann, and with support from the proof-of-concept fund UNIIQ.
Villari’s sensor technology is patented and has already been installed for numerous clients, protecting assets such as bridges owned by the Dutch government and various industrial cranes at harbors and steel production sites around Europe.
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