German-based vehicle diagnostics platform DC Connected has raised €2.1 million Seed funding.
DC Connected’s AI-driven remote vehicle diagnostics platform utilises a multi-brand approach to deliver automated, intelligent insights into vehicle health and performance.
The platform offers remote assistance and automated diagnostics for various client types, including vehicle service providers, roadside assistance, and insurance companies, by providing real-time problem-solution recommendations through its "virtual technician."
DC Connected is already working with several major clients in Europe and collaborating with leading car manufacturers.
The founding team at DC Connected includes CEO Dennis Christ, an expert in car repair and maintenance; COO Ralf Schollenberger, who brings over 20 years of insurance industry experience, including his recent role as a senior executive at Allianz; and CTO Willian Servigna, a software development specialist formerly with Amazon.
Investors include Borusan Ventures, the corporate venture capital arm of Borusan—one of the top industrial groups in Türkiye—, Venpace, Atlas Ventures, APX, and Bloomhaus Ventures.
This is Borusan Ventures first investment.
Defne Kocabıyık Narter, the founder of Borusan Ventures and one of Borusan Group's third-generation shareholders, noted that its investment fund was established to generate financial returns while strategically aligning with Borusan Group's long-term goals.
Narter added:
"As this year marks Borusan's 80th anniversary since its inception, our mission is to achieve sustainable growth for our company for many more years.
To do so, we must keep up with all technological advancements, leveraging both internal and external innovation. Borusan Ventures enables us to monitor global innovations in our key industries, gain insight into future technologies, and invest in them.
We see this investment as an opportunity for Borusan Automotive Group to enhance our services and customer experience, especially in after-sales and the used-car market.”
Borusan Ventures aims to support entrepreneurs with global growth potential by leveraging its parent industrial group's 80-year legacy and resources.
It offers more than just financial backing, providing access to US and European markets, especially Türkiye. Entrepreneurs also have the opportunity to test their products with Borusan's experts and potentially secure long-term partnerships. This approach aims to help startups scale and thrive on a global stage.
Image: Freepix.
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