Foley Represents Upload Ventures as Investor in $120 M Series C Financing for Tractian

Foley & Lardner LLP represented Upload Ventures as an investor in the $120 million Series C funding round for Tractian, a leader in Manufacturing AI. The round was led by Sapphire Ventures and included additional investors General Catalyst and NGP.

Tractian is the Industrial Copilot for manufacturing leaders, with a platform that empowers businesses to prevent unplanned downtime, boost operational efficiency, and enhance maintenance capacity. Tractian provides integrated hardware and software solutions for industrial asset monitoring, physical operations, and maintenance management, helping companies ensure zero downtime and improve technicians’ productivity. This funding will accelerate Tractian’s mission to optimize machine performance and ensure unprecedented uptime.

Upload Ventures is an early-stage and growth-stage technology-focused venture capital firm based in Sao Paulo and investing in Latin America. Upload Ventures serves industries such as technology, health care, and consumer products.

The Foley team was led by partner André Thiollier and included associate Talita Duarte.