New Investment – Thingtrax
Concentric has recently co-led Thingtrax’s £4.3M series A funding round with Superseed & Puma Private Equity. Haatch, Portfolio Ventures, Vinci Venture Capital Capital and several angel investors, including Charlie Songhurst also participated.
Thingtrax is a complete solution for manufacturing leaders to improve operational performance by engaging people at every level to embrace a high-performance culture. Via Thingtrax, factories can monitor 100% of production activity on the manufacturing floor and provide real-time visibility into daily management practices, all within a single system.
The new capital will be used to develop new strategic partnerships, scale the team, and expand the company’s customer base across Europe and the US.