Spain-based Startup HaloTech Secures €10 Million Funding

The funds will help the company scale up its HALO safety devices, grow its AI platform, and expand into new markets like the US, Latin America, and the Middle East.

HaloTech aims to set a new global standard in workplace safety using IoT and AI technologies. The funding round includes strategic investors from Spain and abroad, especially those focused on ESG impact and industrial innovation. Although the investors haven’t been named, several family offices and institutional backers from Europe joined the round. The founder still owns over 70% of the company.

“This round validates our approach: saving lives through real-time data. It’s a decisive step towards the internationalisation of our technology and our SaaS model,” says CEO and Founder Manu Marín.

HaloTech is a Spanish startup focused on improving workplace safety using AI and IoT. Its goal is simple: to save lives on the job. The company was founded in 2023 by Manu Marín, who also created LIVALL and was the former COO of Wallbox.

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HaloTech’s smart platform, HaloTech AI, uses connected devices and predictive tools to monitor real-time data on the environment, worker activity, and possible risks.

Active in 20+ countries, the company uses a SaaS 2.0 model (Safety as a Service) to support industries like mining, energy, construction, and waste management. It helps clients prevent accidents, follow safety rules, and cut workplace-related costs.

“Our goal is clear: to become the Salesforce of industrial EHS. We’re building a technology that not only saves lives, but transforms how companies manage safety,” Marín adds.

HaloTech plans to use its latest funding to open factories or joint ventures in Texas, São Paulo, and Castilla-La Mancha (Spain), while accelerating its growth across EMEA, Latin America, and the US.

The company will also scale the rollout of HaloTech AI and enhance its AI-driven accident prevention capabilities. Upcoming tech developments include voice recognition for device use, infrastructure monitoring for machinery and scaffolding, AI-based productivity dashboards, and automated risk prediction tools.

HaloTech is already partnering with Telefónica Tech for secure data connectivity and has a global alliance with Acciona, along with pilot projects with Técnicas Reunidas in Spain and the Middle East. Its client base includes industry leaders like Codelco, BHP, FCC, Serveo, Celsia, and city councils in Madrid, Calviá, and Albacete. With projected revenue of over €90 million in the next three years, HaloTech aims to become a global leader in industrial safety solutions.

About HaloTech

Founded in 2023 HaloTech focuses on AI-driven preventive safety management. It operates two main platforms: HaloTech Mobility (LIVALL) for personal safety devices, and HaloTech Industry (HaloTech AI) for real-time monitoring and accident prevention in industrial environments using smart technology and predictive analytics.