# Fractory

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fractory

- Industry: Internet
- Headquarters: Manchester, UK
- Website: www.fractory.com
- Total disclosed funding: $9M
- Latest round: Series A (Sep 7, 2021)
- Investors on record: 9

## About

Based in Machester, UK, and founded in 2017, Fractory Ltd. is a developer of an online manufacturing platform that provides sheet metal production services to help discover, compare, and fulfill production orders. The company was co-founded by Joosep Merelaht, Martin Vares, and Rein Torm and is backed by investors including OTB Ventures, which led a USD 9 million Series A funding in 2021. The company employs more than 25 members as of 2021.

Fractory provides a cloud manufacturing platform that connects engineers to metalwork production teams. It covers CAD file processing, instant pricing, job distribution and aggregation, invoicing, and transportation.  The company caters metalwork services such as laser cutting, plasma cutting, flame-cutting, waterjet cutting, tube laser cutting, CNC machining, metal bending, surface treatment, and materials. It serves various industries including industrials, marine, defence & military, construction, railroad, automotive, robotics, agricultural, medical, and others.

Fractory plans to continue expanding its technology and to bring more partners into its ecosystem. It also plans to add more services such as 3D printing and other materials like stonework and chip making.

## Funding rounds

- Series A, Sep 7, 2021, $9M — Startup Wise Guys, Superhero Capital, Trind Ventures, OTB Ventures, Specialist VC, Verve Ventures
- Seed, Jul 25, 2019 — Spring Capital, Startup Wise Guys, Trind Ventures, Specialist VC, .Contriber Ventures, Nordic Angel Program

## Investors

- Spring Capital — Seed
- Startup Wise Guys (https://capitalatlas.ai/funds/startup-wise-guys) — Seed, Series A
- Trind Ventures (https://capitalatlas.ai/funds/trind-ventures) — Seed, Series A
- Specialist VC (https://capitalatlas.ai/funds/specialist-vc) — Seed, Series A
- .Contriber Ventures — Seed
- Nordic Angel Program — Seed
- Superhero Capital (https://capitalatlas.ai/funds/superhero-capital) — Series A
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Series A
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series A