VEERUM raises $9.3M funding to propel growth as premier digital twin solution

May 29, 2023

VEERUM secures $9.3M funding round led by Idea Well Capital Partners, BDC Capital’s Industrial Innovation Venture Fund, Evok Innovations, and Builders VC.

VEERUM, a rapidly growing technology firm in the industrial asset visualization space is pleased to announce its next funding round of $9.3 million led by Idea Well Capital Partners and existing investors, BDC Capital’s Industrial Innovation Venture Fund, Evok Innovations, and Builders VC. The additional financing will help propel VEERUM as the leading digital twin solution for industrial assets. After an impressive 208% year-over-year growth run and adding global clients across the energy, mining and manufacturing verticals, VEERUM has become an integral solution in its clients’ digital tool belt.