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thingtrax Tag

Thingtrax, an internet of things (IoT) startup looking to digitise the industrial sector, has raised £4.3m in a pre-Series A investment round. Founded in 2015, Thingtrax offers industrial firms a platform designed to improve operational efficiency through real-time monitoring of production activity. Thingtrax’s platform tracks manufacturing facilities and provides data insights into performance efficiency. Users can then set objectives to improve effectiveness. “Thingtrax goes beyond data collection and...

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thingtrax

ThingTrax closes $1 million seed funding round led by SuperSeed Author UK Business Angels Association 30 June 2020 ThingTrax, a London-based start-up aiming to turn ‘dumb’ factories into smart factories, has closed a $1m seed funding round led by SuperSeed. Industrial specialist Sumaria also took part in the round. The latest funding round follows ThingTrax’s 2017 raise that resulted in £250,000. Aman Gupta, Co-Founder of ThingTrax, commented: “We want to change...

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