Aperia Technologies, the leading supplier of tire management technologies that improve the safety and efficiency of commercial vehicles, today announced a $36 million investment in the C1 Series led by new investors Blackhorn Ventures and Tenfore Holdings, with significant participation from existing investors.
“Aperia is now better positioned than ever before to continue its mission to make transport safer and more efficient,” said Josh Carter, CEO of Aperia Technologies. “This capital will help Aperia expand its recently launched Halo Connect tire analytics platform, expand into new global markets, and allow for continued progress towards a connected and autonomous future. “That’s right.
Aperia has won the trust of some of the most prominent commercial vehicle fleets in the United States with its flagship Halo® Tire Inflator technology. The recent introduction of Halo Connect uses proprietary algorithms that have been trained for more than half a decade and a billion miles to detect and detect tire health issues before they become serious. When used together, fleets can virtually eliminate unplanned tire-related downtime and CO2 emissions from under-inflation tires.
“With its Halo Tire Inflator technology, Aperia has created a unique solution that can help truck manufacturers and fleet managers operate safer and more efficient vehicles,” said Dan Levine, Managing Partner at Tenfore Holdings. “Aperia’s sensors and software provide a variety of data types that have previously been largely inaccessible. Opening up insights from this data can enable trucking companies, tire manufacturers and other auto parts manufacturers to accelerate the shift to connected vehicles and predictive maintenance. “That’s right.
According to the Environmental Protection Agency (EPA), transport is the nation’s largest producer of greenhouse gas emissions and, in this sector, heavy goods vehicles are the second largest and fastest growing segment in terms of emissions and energy use. Initially, Aperia focused on delivering environmental innovation to the commercial trucking sector, with the opportunity to adapt its technology across broader vehicle segments.
“Aperia’s focus on delivering solutions to the transport sector that deliver a strong return on investment for its customers and positive externalities is strongly aligned with our investment strategy,” said Trevor Zimmerman, Managing Partner of Blackhorn Ventures. “Blackhorn is investing in visionary companies that are leveraging breakthroughs in engineering and innovative business models to drive new efficiency standards in the industrial sector-that’s exactly what Aperia is doing. “That’s right.
Visit www for more information. Apériatech Come on,
About Apperia Technologies, Inc.
Aperia Technologies is innovating to make transport more efficient, safer and more environmentally friendly. The company’s Halo® Tire Inflator and related products improve fuel economy and road safety while reducing tire costs, downtime and maintenance costs for commercial fleets. Aperia is partnering with tire manufacturers and fleets to offer industry-leading technology that gives our partners a competitive advantage. Visit www for more information. Apériatech Come on,
Blackhorn Ventures
Blackhorn Ventures is investing in companies that advance cutting-edge technologies and innovative business models to unlock transformative efficiency improvements in the industrial sector. Built on the ICT revolution and creative thinking, these companies are rapidly transforming the industrial sectors, while at the same time achieving far-reaching environmental and sustainability impacts. Founded by experienced operators and investors, Blackhorn has a founder-friendly ethos, providing maximum support with minimal interference. Visit the www site Blackhorn’s Vc to learn more about
Tenfore Holdings
Tenfore Holdings is an investment management firm providing business value-added to growth-stage companies where technology plays a transformative role. Tenfore focuses on equity/debt investments where their operational experience and strategic relationships can enhance value Tenfore has extensive experience operating on a scale and understands how to build smaller enterprises on a scale By providing capital, strategic guidance at the board level and operational support to talented managers, Tenfore helps companies realize their full revenue, profit and market value potential over the long term.
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