Fractory, a UK-based online metal fabrication platform, has raised €7.5m to help expand the company’s operations internationally and accelerate the development of its technology offering. This Series A round is led by OTB Ventures, a leading European investor, with support from existing investors such as Trind Ventures, Superhero Capital, United Angels VC, Startup Wise Guys and Verve Ventures. The funding will be used to set up services in new markets such as the USA, France and Italy. Fractory will also use the funds for product and platform development, including the automation of CNC machining, additive manufacturing and casting.
For further information www.fractory.com