CoreTigo, a provider of industrial wireless automation solutions, has secured $5.0 million in a recent funding round. The company specializes in enabling faster and more flexible manufacturing processes through its high-performance machine digitalization, wireless connectivity, and edge solutions. These offerings are designed for machine builders, system integrators, and industrial equipment manufacturers, allowing for the creation and retrofitting of machines and production lines that were previously unfeasible.
CoreTigo's technology addresses critical industry needs by increasing flexibility, adaptivity, and modularity in manufacturing environments. This approach is vital for modern factories seeking to optimize operations and respond quickly to market changes. The company's solutions deliver tangible benefits such as cost effectiveness, increased productivity, and reduced downtime for industrial operations. Central to its offerings is the IO-Link Wireless global standard, which is specifically engineered for harsh factory environments and motion control applications. This standard provides the most reliable wireless connectivity for millions of sensors, actuators, and industrial devices globally, and has been adopted by various industrial leaders for its robust performance.
The newly secured capital will be strategically deployed to accelerate CoreTigo's growth initiatives. Plans include expanding its market reach into new territories, enhancing its product development efforts to introduce next-generation solutions, and scaling its operational capabilities to meet increasing demand for its industrial wireless solutions. This investment underscores confidence in CoreTigo's ability to further innovate within the industrial automation sector and solidify its position as a key enabler of advanced manufacturing capabilities. The company aims to continue its trajectory of empowering industries with robust and adaptable wireless connectivity, driving the evolution of smart factories worldwide and supporting the ongoing digital transformation of manufacturing.










