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Frankfurt-based Tvarit GmbH provides industrial AI software for metal manufacturers to improve quality, energy use and yields.
Founded in 2019 by Rahul Prajapat and Suhas Patel, Tvarit GmbH sells TVARIT Industrial AI (TiA), which combines AI with physics-based models for prescriptive quality and energy analytics. Its modules aim to cut defects by up to 60% and energy consumption by up to 30%. In August 2023 the company raised EUR 6.5 million in Series A funding led by 4Impact, valuing it at EUR 147.28 million post-money.
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