# TrendMiner N.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trendminer-n-v

- Industry: Software
- Headquarters: Hasselt, Belgium
- Website: www.trendminer.com
- Total disclosed funding: $7.8M
- Latest round: Series B (Feb 29, 2016)
- Investors on record: 5

## About

Founded in 2008 by co-founders Bert Baeck and Thomas Dhollander and based in Hasselt, Belgium, TrendMiner N.V. develops and delivers advanced analytics solutions that help companies optimise production processes, increase plant productivity, and improve overall equipment effectiveness. In April 2024, Proemion GmbH, a portfolio company of Battery Ventures, agreed to acquire TrendMiner N.V. from Software AG for EUR 47 million.

TrendMiner N.V. offers a self-service, intuitive platform designed with tools to analyse, monitor, and predict the performance of various production processes for rapid data visualisation and analysis of time-series data commonly generated in manufacturing processes. TrendMiner's search engine helps users identify trends and patterns in time-series data from process sensors. The platform allows for 24/7 monitoring of live processes and automatic notifications for deviations, enabling proactive control and faster response times. Additionally, the firm offers a model-free predictive mode that leverages historical data to predict future process behaviour, supporting preventative maintenance and quality control. The software allows users to integrate external data sources to gain a comprehensive understanding of operational performance and make informed decisions. The business caters to a diverse range of industries, such as chemical, oil and gas, food and beverage, water and wastewater, energy, pharmaceutical, metals and mining, and other industries.

## Funding rounds

- Series B, Feb 29, 2016, $3.8M — K.U. Leuven Research & Development, LRM, Smartfin, Fortino Capital
- Series A, Dec 21, 2010, $3.3M — K.U. Leuven Research & Development, LRM, PMV
- Seed, Jul 25, 2008, $0.7M — K.U. Leuven Research & Development, PMV

## Investors

- K.U. Leuven Research & Development (https://capitalatlas.ai/funds/k-u-leuven-research-development) — Seed, Series A, Series B
- PMV (https://capitalatlas.ai/funds/pmv) — Seed, Series A
- LRM (https://capitalatlas.ai/funds/lrm) — Series A, Series B
- Smartfin (https://capitalatlas.ai/funds/smartfin) — Series B
- Fortino Capital (https://capitalatlas.ai/funds/fortino-capital) — Series B