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Venture Capital News: Trio Mobil Secures $26.5M in Growth Financing

2024-07-29
PHILADELPHIA, PA, Trio Mobil, a provider of AI and IoT solutions for workplace safety and efficiency, has secured $26.5M growth financing led by NewSpring.
Trio Mobil, a leading provider of AI and IoT solutions for workplace safety and efficiency and a trusted partner for an impressive roster of Fortune 500 companies, has secured $26.5M growth financing led by NewSpring through its dedicated growth equity strategy, NewSpring Growth, focused on delivering working capital to scale fast-growing technology companies. Existing investors 212 and TIBAS Ventures also participated in the round. This investment marks a significant milestone in Trio Mobil's mission to transform workplace safety and operational efficiency across various industries.
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