In a significant leap for industrial technology, HaloTech, headquartered in Madrid, has raised €10 million in a recent funding round, propelling its valuation to an impressive €100 million. The investment signals a growing confidence in AI-powered safety solutions as essential tools for modern industries.
Strategic Investment Focused on Global Expansion
The new funding round drew backing from a mix of national and international investors, including prominent family offices and institutional groups with a keen focus on ESG and industrial B2B innovation. Their aim? To amplify HaloTech’s pioneering work in Environmental, Health, and Safety (EHS) technology—an area now seen as critical across mining, construction, energy, and waste management sectors.
Technology That Saves Lives
Founded in 2023 by Manu Marín, HaloTech has developed an advanced AI platform alongside its signature HALO smart devices. Here’s how they stand out:
Real-time hazard detection: Constant monitoring of both worker behavior and environmental risks ensures issues are flagged before they escalate.
Predictive analytics: Smart insights help industries anticipate and prevent incidents, not just respond to them.
Compliance support: Automated systems make it easier for organizations to stick to evolving safety regulations.
HaloTech operates under a next-generation “Safety as a Service” (SaaS 2.0) model, already active in over 20 countries. Notable clients include Codelco, BHP, FCC, Sura, and multiple Spanish city governments.
Growth on Three Continents
Armed with new capital, HaloTech plans to:
Open manufacturing sites and explore joint ventures in Spain, the United States, and Brazil.
Advance AI capabilities to bring even more intelligence to its safety systems.
Expand into new international markets, positioning itself as a global leader in industrial safety technology.
Why This Matters
As industries grapple with the pressures of digital transformation and stricter regulatory oversight, AI- and IoT-driven safety platforms like HaloTech’s are quickly becoming indispensable. The company’s rapid growth and high-profile client roster underscore a clear trend: workplace safety is evolving, and innovation is at its core.
