Tulip, a Boston, MA-based frontline operations platform, has raised $120 million in a Series D round at a valuation of $1.3 billion.
Investors
Mitsubishi Electric Corporation led the financing as part of a strategic investment and alliance.
Established in 1921, Mitsubishi Electric Corporation is a Japanese multinational electronics and electrical equipment manufacturer headquartered in Tokyo. The company provides solutions across sectors, including industrial automation, HVAC, building systems, and space communications. As a core member of the Mitsubishi Group, Mitsubishi Electric manages a diverse global portfolio that includes high-efficiency elevators, semiconductors, and advanced satellite systems.
Tulip Use of Funds
The company will use the funds to accelerate digital transformation in manufacturing, expand AI-native frontline applications, and advance its composable, human-centric operations platform.
About Tulip
Tulip is a frontline operations software company that provides an AI-native, no-code platform connecting people, machines, devices, and systems across industrial environments. With Tulip’s platform, manufacturers can digitize processes, collect real-time data, and drive continuous improvement using AI without writing a line of code. Tulip is headquartered in Somerville, MA, with offices in Munich, Budapest, Singapore, Tel Aviv, and Tokyo. The company supports global manufacturers across industries, including general manufacturing, pharmaceuticals, biotechnology, laboratories, and warehousing.
Funding Details
Company: Tulip Interfaces, Inc.
Raised: $120.0M
Round: Series D
Funding Date: January 2026
Lead Investor: Mitsubishi Electric Corporation
Additional Investors:
Company Website: https://www.tulip.co/
Software Category: Frontline Operations Platform / Manufacturing Software / AI-Native MES
Source: https://tulip.co/press/tulip-secures-120m-series-d/