End of March, the Vienna-based start-up Visplore, which was founded in spring 2021 as a VRVis spin-off, received two million euros in funding to create more transparency from increasingly complex industrial and energy process data with its same-named software solution. The rapidly growing customer base from segments such as paper, chemicals, pharmaceuticals, automotive supply, mechanical engineering, and power generation convinced renowned investors, including seed + speed Ventures, Basinghall Partners, Matterwave Ventures, as well as the Austrian aws Gründerfonds.
Visplore solves the challenges of high energy prices and the shortage of digital skills by efficiently integrating subject-matter experts without data science background into digital value creation from data. With a team of currently 20 heads, the technology experts are pioneers in software tools to intuitively analyze and interactively visualize large sensor data, for example for process optimization and root-cause analysis of faults. With the boost by the financing round, Visplore is expanding their solution towards opening and fusing "data silos" in industrial companies more easily than ever before. "As a practical hurdle in data projects, many industrial companies complain that essential information is spread across a wide variety of sources. Files, ERP systems, databases and external interfaces: very often, merging and preparing the data represents such a huge effort that projects are delayed or not even started," is how Visplore founders and former VRVis researchers Harald Piringer and Thomas Mühlbacher summarize their experience in the Industry 4.0 sector. With Visplore, subject-matter experts such as process engineers can now combine and analyze measurement and planning data from files and databases within minutes without a single line of programming and without a costly data warehouse.