Funding round · Mobility
InspectRail secures €1.5m in equity and debt for rail monitoring
The financing supports new markets, technology development and scaled deployment.
InspectRail secured €1.5 million through a combination of equity and debt. Equity participants were Gestión de Capital Riesgo del País Vasco, Easo Ventures, Pinama Capital and EONIQ Fund; debt providers were Deeptek Gipuzkoa Fundazioa, Elkargi-Fomento San Sebastián, CaixaBank DayOne and Rural Kutxa.
The company will enter new markets, develop technology and invest in deployment infrastructure. Its sensors collect railway-condition data during normal train service for maintenance analysis.
Use of funds
Open new markets and scale deployment
Continue technology development and invest in deployment infrastructure
Funding history
Funding round · This round€1.5M