Marple funding news -Antwerp-based Marple Secures New Investment

He found that, despite Formula 1's reputation for using cutting-edge technology, more efficient software was still required to organize and analyze the data gathered from the cars.

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Engineering datasets are enormous, especially time series data produced by sensors. Such massive datasets demand specialized handling and extensive processing. Seeing this difficulty, it created a novel time series algorithm that can process billions of data points in real time.

More than 3000 developers utilized Marple in their data analysis workflow globally in 2023. It is already used by a number of well-known motorsport teams, aerospace businesses, Verhaert, Yuso, DeepDrive, EddyGrid, Atlas Copco, and Aura Aero.

Marple software is used by the eVTOL and hyperloop industries as well.
Birdhouse Ventures and imec.istart participated in the round, which was led by Network Venture Partners.

Matthias Baert said, "We're thrilled to have both Network Venture Partners and Birdhouse joining Marple! The experience of Network Venture Partners in the automotive industry combined with their startup knowledge is unique and will give Marple a big boost."

It is aiming to draw in more significant clients from the automotive and aerospace sectors as it moves toward the next stage of its development. With this calculated move, it hopes to increase its presence in these cutting edge fields where data analysis is essential to innovation and growth.

About Marple

Marple is a software platform that is meant to be used in engineering and research and development. It is specialized in processing, visualizing, and analyzing huge time series data sets. Imagine using a cloud platform to visualize and analyze the data gathered from your sensors!