Fundz

Partful Receives £2.4M To Transform The Manufacturing Industry's Aftermarket

PRIVATEJul 26, 2023

Amount Raised

£2.4 Million

Round Type

Seed

Manufacturing3D Technology

Investors

Idex CorporationNorton MotorcyclesLotus CarsDragonfly HyperscooterGovecsMaevingBlumberg CapitalPar EquitySam Burgess

Description

Aftermarket technology specialists, Partful, has received £2.4M in funding to accelerate the development of its ‘exploding’ 3D parts SaaS platform – which is transforming the industry’s approach to a global aftermarket worth $400BN. Led by Par Equity, with participation from US-based Blumberg Capital, it takes the total investment from Par Equity and Blumberg Capital to £6.2M in the last 18 months.

Quick answer

Partful raised £2.4 Million in a Seed round, dated July 26, 2023. Investors: Idex Corporation, Norton Motorcycles, Lotus Cars, Dragonfly Hyperscooter, Govecs, Maeving, Blumberg Capital and Par Equity.

How much did Partful raise?
Partful raised £2.4 Million in a Seed round on July 26, 2023.
Who invested in Partful?
Idex Corporation, Norton Motorcycles, Lotus Cars, Dragonfly Hyperscooter, Govecs, Maeving, Blumberg Capital and Par Equity are named as investors in this round.
What does Partful do?
Partful is a digital 3D interactive parts catalogue and work instructions support tool that enables users to identify product parts quickly and accurately using a 3D explosion view – and then place orders directly with..
Who are the decision-makers at Partful?
Fundz holds 2 contacts at Partful. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in 3D Technology and Manufacturing around the same time

Companies in the same sectors as Partful that raised within 45 days of this round, from Fundz verified event records.

  • Boston Micro Fabrication raised $24M (Series D) on August 10, 2023.
  • Metafold raised $1.8M (Seed) on July 18, 2023.
  • FononTech raised $2.5M (Seed) on July 11, 2023.
  • Meta Materials raised $250K on September 8, 2023.
  • PMGC Holdings Inc. raised $250K (Seed) on September 8, 2023.
  • altM raised $3.5M (Seed) on September 7, 2023.

Who to call at Partful, and when

A new round usually means Partful is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Partful raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Partful, from your own LinkedIn network

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Company Information

Company

Partful

About

Partful is a digital 3D interactive parts catalogue and work instructions support tool that enables users to identify product parts quickly and accurately using a 3D explosion view – and then place orders directly with the manufacturer. The work instructions module also provides a step-by-step guide for product repairers, as well as on-the-job training to maintenance engineers. The platform is helping global OEMs, such as Lotus, Norton and BAE Systems, to create user friendly after sales experiences that are helping to eradicate costly order errors, protect manufacturer revenues and limit product downtime, by enabling faster part fulfilment and repair. Developed by Manchester-based start-up SamsonVT, Partful is a highly accessible platform that can be viewed on digital devices anywhere – and is available in 71 different languages.

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Partful raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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