“Out of 10 million factories worldwide, 94 per cent are looking for digital solutions that can connect multiple factories globally, standardise processes and improve efficiency. Thingtrax goes beyond data collection and provides leaders with in-depth analysis and actionable insights for improved efficiency and behaviour change across the workforce. We give manufacturers the tools and knowledge to achieve operational excellence. “With limited resources, we have built a fantastic product and attracted prominent customers. This funding will enable us to bolster the quality of our service, prioritize strategic partnerships, and in the future, we will focus on expanding our customer base with an emphasis on Europe and the United States.”

“Thingtrax can help the vast number of factories that need digital solutions, and support them in becoming more efficient and fit for future. In the current environment, it’s more important than ever to maximise efficiencies, and we’re therefore pleased to invest in the business’ development. Thingtrax has a strong track record, healthy customer base, and has consistently grown in the last few years. This investment will enable it to scale further, and we look forward to working closely with the team to achieve their goals.”