Electronics Era

  • About Us
  • Advertise with Us
  • Contact Us
  • e-Mag
  • Webinars
Header logo on website
Advertisement
Advertisement
Menu
  • News
    • Industry News
    • Product News
  • TECH ROOM
    • Sensor
    • VR / AR
    • Embedded
    • Medical Electronics
    • Industry 4.0
    • Robotic
    • Automation
    • Smart Machine
    • Component
    • Manufacturing
    • Aerospace & Defence
    • Security
    • Policy
  • Semiconductor
    • AUTOMOTIVE ELECTRONICS
      • EVs
      • HEVs
      • ADAS
      • Connected Cars
    • IoT-Internet of Things
      • Development Kit
      • IoT Design
    • Power Electronics
      • AC-DC/DC-DC Converters
      • Mosfets
      • IGBTs
      • LEDs
  • T & M
    • 5G testing
    • Oscilloscopes
    • SDN & NFV
    • RF & Wireless
  • AI/ML
  • Telecom
    • 5G/6G
  • RENEWABLES
    • Sustainability
  • Future Tech
    • Data Center
    • Cloud Computing
    • Big Data Analytics
  • Webinars
  • Editor’s Pick
    • Tech Article
    • Tech Blog
    • White Papers
    • EE-Tech Talk
    • Market Research
  • EE Awards
    • EE Awards 2025
    • EE Awards 2024
  • MORE
    • E-Mag
    • Events
    • Subscription
    • Contact Us
Home News Industry News

Arch Systems Secures New Funding with DI Technology and Neotribe

Nimish by Nimish
December 21, 2023
in Industry News, SMT/PCB/EMS
Reading Time: 2 mins read
Arch DI Neotribe - update

Arch DI Neotribe - update

Share on FacebookShare on TwitterShare on LinkedIn

PALO ALTO, Calif.— Arch®, the leading provider of data and analytics for manufacturing operations, proudly announces successful additional funding with DI Technology, a Munich-based B2B technology investor with a focus on Industrial Tech and Enterprise SaaS, and Neotribe, a Silicon Valley venture capital firm investing in leading AI and data technologies. This investment not only bolsters Arch Systems’ position in the market but also marks a significant step toward accelerating Arch’s strategic expansion in Europe and globally.

DI Technology, a German-based venture capital firm focused on B2B technology is committed to investing in best-in-class solutions that support their shared vision of unlocking untapped factory capacity and addressing inefficiencies in manufacturing processes globally.

Torsten Kreindl, Founding and Managing Partner at DI Technology and former Deutsche Telekom Broadband CEO stated, “We are excited to partner with Arch Systems as we see billions lost annually worldwide due to underutilization of machinery and corresponding inefficiencies. Arch is the leading software company to identify those inefficiencies and automatically provide recommendations to increase capacity utilization and enhance OEE (overall equipment efficiency), eventually paying into higher profitability for production companies. We look forward to collaborating with Arch, especially expanding in the European market.”

Arch CEO, Andrew Scheuermann said, “We serve multiple customers and employ team members in more than five countries across Europe and the Middle East today. We are excited to make partnerships with more of the world’s top manufacturers as we continue our global expansion.”

Neotribe,  a Silicon Valley-based (Calif., USA) firm that invests in leading data and AI technologies, joins DI Technology in the funding. 

Nitin Chopra, Managing Director for Neotribe said, “Future-shaping innovations are the ones that seem impossible and alter how we perceive the world. Manufacturing is one of the greatest ecosystems to be transformed by the intersection of bits and atoms. Arch exemplifies both. There are massive economic and geopolitical shifts underway in manufacturing and Arch is bringing the right data and AI approach to help transform it.”

The additional funds from this investment round will be instrumental in further enhancing Arch Systems’ technological capabilities, expanding its team, and facilitating the company’s global market penetration.

Tags: Arch SystemsNeotribe
Nimish

Nimish

Join Our Newsletter

* indicates required
Electronics Era

Electronics Era, India's no.1 growing B2B news forum on Electronics and Cutting Edge Technology is exploring the editorial opportunity for organizations working in the Electronics Manufacturing Services(EMS) Industry.

Follow Us

Browse by Category

  • 5G testing
  • 5G/6G
  • AC-DC/DC-DC Converters
  • ADAS
  • Aerospace & Defence
  • AI/ML
  • Automation
  • AUTOMOTIVE ELECTRONICS
  • Big Data Analytics
  • Blockchain
  • Cloud Computing
  • Component
  • Connected Cars
  • Data Center
  • Editor's Desk
  • EE-Tech Talk
  • Electronics Components
  • Embedded
  • EVs
  • Future Tech
  • HEVs
  • Industry 4.0
  • Industry News
  • IoT-Internet of Things
  • LED & Lighting
  • LEDs
  • Manufacturing
  • Market Research
  • Medical Electronics
  • Mosfets
  • News
  • Oscilloscopes
  • Policy
  • Power Electronics
  • Product News
  • RENEWABLES
  • RF & Wireless
  • Robotic
  • SDN & NFV
  • Security
  • Semiconductor
  • Sensor
  • Smart Machine
  • SMT/PCB/EMS
  • Sustainability
  • T & M
  • Tech Article
  • Tech Blog
  • TECH ROOM
  • Telecom
  • Uncategorized
  • VR / AR
  • White Papers

Recent News

RX

Exhibitor Applications Now Open for Asia’s Premier Electronics Exhibition

June 4, 2025
Matrix Comsec

Matrix to Showcase NDAA Compliant Video Surveillance Solutions at Electronic Security Expo (ESX) North America 2025

June 4, 2025
  • About Us
  • Advertise with Us
  • Contact Us

© 2022-23 TechZone Print Media | All Rights Reserved

No Result
View All Result
  • News
    • Industry News
    • Product News
  • TECH ROOM
    • Sensor
    • VR / AR
    • Embedded
    • Medical Electronics
    • Industry 4.0
    • Robotic
    • Automation
    • Smart Machine
    • Component
    • Manufacturing
    • Aerospace & Defence
    • Security
    • Policy
  • Semiconductor
    • AUTOMOTIVE ELECTRONICS
      • EVs
      • HEVs
      • ADAS
      • Connected Cars
    • IoT-Internet of Things
      • Development Kit
      • IoT Design
    • Power Electronics
      • AC-DC/DC-DC Converters
      • Mosfets
      • IGBTs
      • LEDs
  • T & M
    • 5G testing
    • Oscilloscopes
    • SDN & NFV
    • RF & Wireless
  • AI/ML
  • Telecom
    • 5G/6G
  • RENEWABLES
    • Sustainability
  • Future Tech
    • Data Center
    • Cloud Computing
    • Big Data Analytics
  • Webinars
  • Editor’s Pick
    • Tech Article
    • Tech Blog
    • White Papers
    • EE-Tech Talk
    • Market Research
  • EE Awards
    • EE Awards 2025
    • EE Awards 2024
  • MORE
    • E-Mag
    • Events
    • Subscription
    • Contact Us

© 2022-23 TechZone Print Media | All Rights Reserved

Advertisement
Advertisement