Manchester-based Fractory grabs £6.5M to transform supply chain of metalworking industry

Fractory raises $9M to rethink manufacturing supply chain for metalworks

Fractory Raises €7.5M in Series A Funding

Manchester-based Fractory, an online metal fabrication platform, has raised £6.5 million in a Series A funding round led by OTB Ventures. The company plans to use the funds to expand its services to new markets, including the USA, France, and Italy, and further develop its platform, including automation for CNC machining, 3D printing, and casting. Fractory aims to grow its customer base by 700% by 2024.

Fractory Secures £6.5M to Expand Metal Fabrication Platform Globally

Fractory is a UK-based online metal fabrication platform that has revolutionized the global metalworking industry. They've created an all-in-one hub for metal fabrication, simplifying and digitizing the manufacturing process. Customers can upload CAD files for instant pricing and assess the availability, location, capabilities, and materials needed to engage with the right manufacturing partner. Fractory connects all parts of the supply chain, driving competitive pricing, reducing lead times, and improving quality. They also help reduce the footprint of the manufacturing supply chain through aggregation and production near end-users, leading to cleaner production, less transportation, and less scrap. This helps manufacturers reduce carbon emissions and achieve sustainability goals.

An online metal fabrication platform that simplifies and digitizes the manufacturing process for the global metalworking industry.

4 years ago

Fractory Secures £6.5M to Expand Metal Fabrication Platform Globally

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