HaloTech Raises €10 Million in Funding Round
HaloTech, a Madrid, Spain-based startup specializing in industrial safety solutions powered by AI and IoT, has raised €10 million in a funding round at a €100 million pre-money valuation.
The round includes undisclosed national and international strategic investors, including family offices and institutional groups with a focus on ESG and industrial B2B innovation.
The company will use the funds to open manufacturing facilities or establish joint ventures in Spain, the U.S., and Brazil, enhance its AI capabilities, and drive expansion in key international markets.
Founded in 2023 by Manu Marín, HaloTech has developed the HaloTech AI platform and smart HALO devices that monitor worker behavior, environmental risks, and safety compliance in real-time. Its solutions include real-time hazard detection, predictive analytics, and compliance support. Operating under a "Safety as a Service" (SaaS 2.0) model, the company is active in over 20 countries and serves sectors such as mining, construction, energy, and waste management. Headquartered in Madrid, Spain, its clients include top industrial players such as Codelco, BHP, FCC, Sura, and various city governments across Spain.
Funding Details
Company: HaloTech Digital Services SL
Raised: €10.0M
Round: Undisclosed
Funding Date: July 2025
Lead Investor: Undisclosed
Additional Investors: Undisclosed
Company Website: https://halotechs.com/
Software Category: Industrial Safety / AI & IoT / ESG Tech / EHS (Environmental, Health & Safety)