KO Client Trio Mobil Secures $26.5M Growth Financing

KO client Trio Mobil, a leading provider of AI and IoT solutions for industrial workplace safety and efficiency, recently secured a $26.5 million growth financing led by NewSpring with participation from existing investors 212 and TIBAS Ventures.

With more than 500,000 connected devices and more than 2,000 customers in 65 countries, Trio Mobil collaborates with leading global enterprises such as Coca-Cola, Unilever, PepsiCo, Mercedes-Benz, Ford, and more. This funding will enhance Trio Mobil’s ability to support global customers, accelerate growth initiatives, and strengthen its U.S. and international operations.

“This funding marks a pivotal moment for Trio Mobil. It highlights the transformative potential of our AI and IoT solutions in enhancing workplace safety and operational efficiency,” said Trio Mobil’s CEO and Co-Founder Nevzat Atakli in the announcement. “With this investment, we are excited to advance our innovations and better support our global customers in all their operations worldwide. Our mission is to ensure that every worker returns home safely, and this funding brings us significantly closer to achieving that vision on a wider scale.”

KO attorney Logan DeSouza, partner John Gaddis, partner Kevin Gibson, attorney Michael Wysolmerski, and paralegal Krystal Rushton represented Trio Mobil in the financing. Read more in the press release.