SPARETECH announced on November 10, 2026, that it had raised $20 million in Series B funding co-led by Blume Equity and Insight Partners, with participation from Headline. The company will use the capital to develop AI for industrial spare-parts availability, put surplus parts back into circulation and expand geographically. The proceeds will also support expansion in North America and other new regions, alongside deeper work with existing customers. Insight Partners managing director Brad…