Arch Systems Secures New Funding with DI Technology and Neotribe to Accelerate Global Expansion
December 21, 2023 | Arch SystemsEstimated reading time: 1 minute
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.
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Palladyne AI Secures U.S. Patent for Advanced Swarming and Autonomy Technology
11/04/2025 | BUSINESS WIREPalladyne AI Corp., a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that the United States Patent and Trademark Office has issued the Company U.S. Patent No. 12,452,957 B2, titled “Closed Loop Tasking and Control of Heterogeneous Sensor Networks.”
Argonne Expands Nation’s AI Infrastructure With Powerful New Supercomputers and Public-Private Partnerships
10/29/2025 | BUSINESS WIREThe U.S. Department of Energy (DOE), Argonne National Laboratory, NVIDIA and Oracle announced a landmark public-private partnership to deliver the DOE’s largest AI supercomputer and accelerate scientific discovery.
TI’s New Power-management Solutions Enable Scalable AI Infrastructures
10/14/2025 | Texas InstrumentsTexas Instruments (TI) debuted new design resources and power-management chips to help companies meet growing artificial intelligence (AI) computing demands and scale power-management architectures from 12V to 48V to 800 VDC.
HPE Now Powers New AI-Ready Supercomputer Set to Transform Environmental Forecasting in New Zealand
09/22/2025 | BUSINESS WIREHPE announced that Earth Sciences New Zealand (formally NIWA) of Aotearoa (New Zealand) selected HPE Cray XD2000, purpose-built for AI and simulation workloads, to accelerate the organization’s environmental science and precision of meteorological forecasting.
PC Graphics Add-in Board Shipments Up 27% QoQ in 2Q25
09/03/2025 | Jon Peddie ResearchAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 11.6 million units in Q2'25 and desktop PC CPUs shipments increased to 21.7 million units.