Tractian Raises $130M to Expand Its Industrial AI Platform
Tractian has raised $130 million in Series D funding at a $1.4 billion valuation to expand its Physical AI platform for industrial asset monitoring and maintenance. Led by Sapphire Ventures and co-led by M&G’s Catalyst, the round will support the company’s efforts to move beyond predicting equipment failures toward diagnosing their causes and recommending maintenance…
