HaloTech raises €10M to lead the industrial safety revolution through AI

Spanish tech startup HaloTech has closed a €10 million funding round at a €100 million pre-money valuation, to industrialise its HALO devices, expand the HaloTech AI platform, and consolidate its presence in key new markets such as the United States, Latin America, and the Middle East.

This round reinforces the company’s ambition to create a new global standard for occupational risk prevention through IoT and AI technologies applied to industrial settings.

Manu Marín, CEO and founder of HaloTech, shared: 

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.

New factories, global expansion, and impact-driven technology

The funding will enable HaloTech to establish its own factories or joint ventures in Texas, São Paulo, and Castilla-La Mancha (Spain), speed up its commercial growth in EMEA, LATAM, and the US, and expand the deployment of HaloTech AI while enhancing its data-driven and AI-powered accident prevention features.

Upcoming technological milestones include voice recognition for device assignment, infrastructure governance (scaffolding, machinery), AI-powered productivity dashboards, and automated predictive analytics for occupational risk prevention.

HaloTech is already working with strategic partners such as Telefónica Tech, providing critical connectivity and post-quantum encryption for data security. On the industrial side, it has formed a global alliance with Acciona and is running pilot programs with Técnicas Reunidas in the Middle East and Spain.

With projected revenue of over €90 million in the next three years, HaloTech is well-positioned to become a global benchmark in industrial safety.

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 concludes.

The round includes both national and international investors, many with a focus on ESG and B2B industrial innovation. While most names remain undisclosed, several family offices and institutions supporting purpose-driven European tech took part. 

Marín keeps control of the company, holding over 70per cent ownership, which ensures stable leadership and a long-term approach.