Qviro, a Belgium-based review platform that helps factories and engineers make confident purchasing decisions, secured €1 million in growth capital from investment funds LRM, Industrya, and imec.istart.

The company will use the funds to roll out its online marketplace for Industry 4.0. 

Qviro previously received financial support from the Vlerick Business School Entrepreneurship Fund, Vlaio, and Digital Attraxion.

Company: Qviro BV

Raised: €1.0M

Round: Growth capital

Funding Month: Aug 2022

Lead Investors: LRM, Industrya, and imec.istart

Additional Investors: 

Company Website: https://company.qviro.com/

Software Category: Review Platform

About the Company: Founded by Sven De Donder and Jorg Hendrikx, Qviro is a Belgium-based company with the mission of digitalizing the purchasing process of B2B industrial technology. Qviro helps industrial users make informed purchasing decisions based on its intelligent search platform. Qviro.com is a review platform that helps technology buyers make confident decisions for their next automation project. At the same time, it is a SaaS platform that provides technology sellers with market intelligence and sales data. Qviro is already working with industrial companies such as ABB (Switzerland), Doosan (Korea), and Kinova (Canada).

Source: https://techfundingnews.com/qviro-gets-e1m-in-growth-capital-to-become-tripadvisor-of-industrial-technology/