Overview
Madrid-based Fracttal has raised €29.8 million ($35 million) in funding to enhance its AI-powered maintenance solutions across Europe and Latin America. The funding round was led by Riverwood Capital, with participation from Seaya Ventures, Kayyak, Gohub, and Amador. Fracttal aims to transform maintenance from reactive to proactive, addressing inefficiencies faced by companies using outdated processes. The investment will focus on product development, particularly in AI and IoT technologies, and scaling operations.
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Investors: Riverwood Capital, Seaya Ventures, Kayyak, Gohub, Amador
Madrid-based Fracttal has raised €29.8 million ($35 million) in funding to enhance its AI-powered maintenance solutions across Europe and Latin America. The funding round was led by Riverwood Capital, with participation from Seaya Ventures, Kayyak, Gohub, and Amador. Fracttal aims to transform maintenance from reactive to proactive, addressing inefficiencies faced by companies using outdated processes. The investment will focus on product development, particularly in AI and IoT technologies, and scaling operations.