Fundz

Converting Factories Into Intelligent Manufacturing Hubs, London’s Thingtrax Raises £4.3 Million

PRIVATEJul 20, 2023

Amount Raised

£4.3 Million

Round Type

Funding Round

LondonManufacturing

Investors

Charlie SonghurstVinci Venture CapitalPortfolio VenturesHaatchPuma Private EquitySuperseedConcentric

Description

London-based Thingtrax has raised £4.3 million in a pre-Series A funding round. Combining cloud computing, robotics, industrial Internet of things (IIoT), artificial intelligence (AI), and computer vision technologies, ThingTrax helps manufacturers identify inefficiencies and reduce costs.

Who else raised in Manufacturing around the same time

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

  • ARC Medical raised $200K (Seed) on September 1, 2023.
  • Studson raised $2.5M (Seed) on September 1, 2023.
  • Innovac Therapeutics raised $18M (Funding Round) on September 1, 2023.
  • Gently raised $75K (Pre-Seed) on September 1, 2023.
  • ReOrbit raised $7.4M (Seed) on August 31, 2023.
  • Delta Development Team raised $960K (Seed) on August 31, 2023.

Who to call at Thingtrax, and when

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

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

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Company Information

Company

Thingtrax

Location

London, England, United Kingdom

About

Thingtrax is a complete solution for manufacturing leaders to improve operational performance by engaging people at every level to embrace a high-performance culture. Our Integrated Product Suite includes: - An executive dashboard delivering real-time data on all aspects of production, measured against key performance indicators and relevant benchmarks. - A collaboration suite providing a structure for Daily Management meetings built on best practices for continuous improvement and problem-solving. - A data capture suite, utilising software and hardware to display real-time productivity data, including OEE for individual machines and true line view. Manual processes can be captured using our camera based Vision AI system.

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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