Factbird, a Copenhagen, Denmark-based tech company providing manufacturing intelligence solutions, received an investment of $16M from Expedition Growth Capital and EIFO.
The company intends to use the funds for its international expansion after its 2021 separation from consulting firm Emendo Consulting Group as an independent tech company.
Factbird is a tech company providing manufacturing intelligence solutions, which supplies intelligent, cloud-based technology for the optimization of manufacturers production lines. With a focus on real-time data collection and analysis, the company allows companies to optimize operations, reduce downtime, and boost productivity.
Factbird has grown by 300% since 2021. The customer portfolio today counts more than 250+ companies within the pharmaceutical, packaging, industrial equipment and devices, and food and beverage industries across the key markets in the Nordics, USA, Germany, and England.
FinSMEs
24/11/2023