The Romanian startup KFactory - which offers a solution for increasing the operational performance of production companies - has secured EUR 600,000 in an investment round led by the Cluj-based fund Fortech Investments.
Fortech Investments is one of the most active corporate venture capital funds backing Romanian technology companies. Its lead position in this round signals the maturity of the local industrial-software ecosystem - and the operational outcomes already proven by KFactory's Industry 4.0 platform on the shop floor of Romanian manufacturers.
The capital will go into broadening the platform's reach and scaling the team. Manufacturers exploring the platform can read about how it shows up on the line in our Operate overview, or take the free Industry 4.0 readiness assessment as a starting point.
Startupcafe: "Finantare de 600 mii euro pentru KFactory" →
HotNews: "Finantare 600.000 euro pentru KFactory" →
Original coverage was published in Romanian. The summary above is an English translation of the source.