At CAEmate we’ve celebrated a significant milestone. Our first investment round has been successfully finalized, raising an impressive €3 million!
This achievement is a testament to the hard work, dedication, and vision of our entire team. Together with 360 Capital and CDP Venture Capital, we have made significant progress with the investment, which will enable us to further transform infrastructure management.
Since its founding in 2020 and incubation at NOI Techpark in Bolzano, CAEmate has been at the forefront of innovation. This is all thanks to the development of our cloud-based software, WeStatiX SHM. Using our technology, infrastructure maintenance can be carried out with dynamic digital twins that provide precise real-time assessments of the state of the infrastructure today and into the future.
The urgency for such innovative solutions cannot be overlooked. In Germany alone, over 13,000 bridges require extensive maintenance, while in the United States, the number exceeds 45,000. Given that numerous civil structures worldwide are nearing the end of their lifespans, our maintenance technology fulfils the urgent need for sustainable and effective infrastructure solutions.
With the infusion of this new capital, our ambitions are set high. We aim to enhance our software capabilities, expand our team to 40 professionals by 2024, and explore major new markets in Germany, Austria, and Italy, with plans to expand throughout Europe. This expansion not only promises job opportunities but also strengthens our partnership with NOI Techpark, contributing to the innovation ecosystem in South Tyrol.
At CAEmate, our vision extends beyond mere business growth. We are driven by the mission to lead in infrastructure management innovation and to forge a safer future for our global community. This €3 million investment is more than just financial backing—it’s a vote of confidence in our vision, our technology, and our ability to make a tangible difference in the world of infrastructure management.
