About Fractory
Fractory is a company based in Manchester (United Kingdom) founded in 2017 by Joosep Merelaht, Rein Torm, and Martin Vares. Fractory has raised $14.26 million across 9 funding rounds from investors including Kreos Capital, Startup Wise Guys and Contriber. The company has 39 employees as of September 30, 2024. Fractory offers products and services including Laser Cutting, CNC Machining, Prototyping, and Metal Bending. Fractory operates in a competitive market with competitors including Xometry, Fictiv, Origin, Sculpteo and Geomiq, among others.
- Headquarter Manchester, United Kingdom
- Employees 39 as on 30 Sep, 2024
- Founders Joosep Merelaht, Rein Torm, Martin Vares
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Fractory Ltd
- Date of Incorporation 21 Mar, 2019
- Jurisdiction BOLTON, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.26 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
Kreos Capital
& 12 more
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Employee Count
39
as on Sep 30, 2024
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Products & Services of Fractory
Fractory offers a comprehensive portfolio of products and services, including Laser Cutting, CNC Machining, Prototyping, and Metal Bending.
Service for precise cutting of metal sheets using laser technology.
Computer-controlled process for custom part manufacturing and finishing.
Platform for quick quotes and low-volume production of prototypes.
Bending of metal components for various industrial applications.
People of Fractory
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Funding Insights of Fractory
Fractory has successfully raised a total of $14.26M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fractory
Fractory has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Kreos Capital, Startup Wise Guys and Contriber.
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Early-stage industrial tech startups are supported by Kvanted.
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Superhero Capital is focused on seed funding for startups.
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A venture capital fund focused on European deep-tech startups is operated.
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Investor details for Fractory
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Investments & Acquisitions by Fractory
Investment portfolio details for Fractory
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Financial Statements - Fractory
Detailed financials for Fractory
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Fractory Comparisons
Peer comparison for Fractory
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Competitors of Fractory
Fractory operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xometry, Fictiv, Origin, Sculpteo and Geomiq, among others.
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Platform for on-demand distributed manufacturing and prototyping is provided.
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On-demand manufacturing services are provided from prototyping to production.
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Additive manufacturing platform for mass production
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Cloud-based on-demand 3D printing services are provided for users.
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Cloud and tech-enabled on-demand manufacturing services are provided.
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Detailed competitors of Fractory
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Latest news on Fractory
Complete news archive for Fractory
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Frequently Asked Questions about Fractory
Fractory was founded in 2017.
Fractory is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Martin Vares is the current CEO of Fractory. They have also founded this company.
Fractory is a funded company, having raised a total of $14.26M across 9 funding rounds to date.
As of Sep 30, 2024, the latest employee count at Fractory is 39.
Fractory was founded in 2017 in Manchester, United Kingdom, as a cloud-based platform in the manufacturing sector. CAD files are uploaded by users for instant quotes on metal fabrication processes. Services encompass laser, plasma, flame, and waterjet cutting, along with welding, bending, and CNC milling for prototypes and industrial applications. AI algorithms are employed to match submissions with partners based on pricing, location, materials, and production methods.
Fractory offers Laser Cutting, CNC Machining, Prototyping, and Metal Bending.
Fractory has 13 investors. Key investors include Kreos Capital, Startup Wise Guys, Contriber, SmartCap, and Kvanted.