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Home GREEN

Madrid-based HaloTech raises €10 million to lead the industrial safety revolution through AI

EU Startupsby EU Startups
July 14, 2025
Reading Time: 2 mins read
in GREEN, IBERIA, VENTURE CAPITAL
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Spanish tech startup HaloTech Digital Services SL has announced the closing of 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 US, LATAM, 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. It includes both national and international strategic investors, many of them focused on ESG impact and B2B industrial innovation. While names have not been disclosed, several family offices and institutional groups committed to purpose-driven European technology have taken part. Its Founder retains control of the company with over 70% ownership.

“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 specialises in industrial safety solutions powered by AI and IoT. Its mission is to save lives in the workplace. Founded in 2023 by Manu Marín, creator of LIVALL and former COO of Wallbox, HaloTech has developed its own platform, HaloTech AI, which enables real-time monitoring of environments, worker behavior, and potential risks using smart devices and predictive algorithms.

Operating in over 20 countries, HaloTech follows a SaaS 2.0 model (Safety as a Service), helping industries such as mining, energy, construction, and waste management reduce accidents, improve regulatory compliance, and lower costs associated with workplace incidents.

“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.

The funds will allow HaloTech to open its own factories or joint ventures in Texas, São Paulo, and Castilla-La Mancha (Spain); accelerate its commercial expansion in EMEA, LATAM and the US; and scale the rollout of HaloTech AI while further developing its data and AI-powered accident prevention capabilities.

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 programmes with Técnicas Reunidas in the Middle East and Spain.

Its current client and pilot portfolio includes major corporations in mining, energy and construction such as Codelco, BHP, the Mexican mining group Val, FCC, Valoriza, Capiro, Serveo, Emvarias, Celsia and Sura, as well as city councils in Madrid, Calviá and Albacete.

With projected revenue of over €90 million in the next three years, HaloTech looks to position itself to become a global benchmark in industrial safety.

Read the orginal article: https://www.eu-startups.com/2025/07/madrid-based-halotech-raises-e-10-million-to-lead-the-industrial-safety-revolution-through-ai/

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