What is Fractory?
Fractory operates as a cloud manufacturing platform, streamlining the process of connecting engineering needs with available production capacity worldwide. Based in Manchester, United Kingdom, the company leverages technology to automate and optimize manufacturing workflows. Its core mission is to democratize access to production, enabling faster and more efficient product development and manufacturing cycles for its clients. The company's innovative model positions it as a key player in the evolving landscape of digital manufacturing and industrial technology.
How much funding has Fractory raised?
Fractory has raised a total of $8.8M across 1 funding round:
Series A
$8.8M
Series A (2021): $8.8M with participation from Trind Ventures, Verve Ventures, United Angels VC, OtbVentures.com, Superhero Capital, and Startup Wise Guys
Key Investors in Fractory
Trind Ventures
Trind Ventures is a seed-stage venture fund focused on Northern and Central European startups, particularly those with consumer or community components. They provide initial funding and aim to be long-term partners for scalable solutions.
Verve Ventures
Verve Ventures is a Swiss-based venture capital firm that invests in technology and science-driven startups across Europe from Seed to Series B. They leverage a large network to support portfolio companies with hiring and client introductions.
United Angels VC
United Angels VC is an early-stage venture capital fund based in Estonia, investing in innovative startups with a focus on sustainability and equality. Their portfolio includes notable companies like Bolt and Starship.
What's next for Fractory?
With the recent influx of major strategic investment, Fractory is poised for accelerated expansion and further development of its automated platform. This capital infusion is expected to fuel enhancements in its technological infrastructure, broaden its market reach, and potentially explore new service offerings. The company's focus on innovation and its strategic positioning within the cloud manufacturing sector suggest a future geared towards scaling operations and solidifying its role as a leader in the industry. Continued investment in its platform will likely enable Fractory to address a wider range of manufacturing challenges and opportunities.
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