Munich Re Ventures backs industrial data company Litmus

Litmus Automation secured additional investment led by Insight Partners, with participation from Munich Re Ventures via HSB Fund II.

Litmus was founded in 2014 and has raised over $41 million. It has a team of roughly 120 people, with close to 20% headcount growth in the past year. Its platform sits inside factories and connects directly to machines, standardizes operational data, and makes it usable for analytics and AI across edge and cloud environments. Litmus says it supports 250+ native connectors and works with Microsoft Azure, Google Cloud, AWS, Dell, Oracle Cloud, and Databricks.

The new capital will support AI agents at the edge, faster deployment pipelines, improved data interfaces, and expanded co-development with cloud and hardware partners.

Munich Re Ventures highlighted growing opportunities to use real-time industrial data for equipment monitoring, predictive maintenance, and risk assessment.

“AI is only as powerful as the data it runs on, and Litmus makes operational data ready anywhere it lives. Through this partnership we’re exploring how real-time industrial data can transform risk management, enabling proactive equipment health monitoring, predictive maintenance insights, and data-driven risk assessment that benefits both manufacturers and insurers.” – Stephanie Watkins, SVP of HSB’s Global Insurance Innovation Group.