Manchester’s Zaptic, a frontline operations platform for manufacturing companies, has won $10 million in Series A funding.
The investment round was led by London VC Molten Ventures, with participation from existing investors. Specific investors were not named, but historical backers have included Acequia Capital (AceCap) and Momentum London, alongside angel investors Charlie Songhurst, Hank Vigil, and Nicolas Berggruen.
Zaptic’s no-code platform helps manufacturers digitise day-to-day operations, using data and AI in factories and manufacturing operations. It was founded by Richard Milnes in 2012, and Molten will join CEO Milne on the board as part of the latest investment, which brings Zaptic’s total funding raised to around $16m.
Milnes said: “We are seeing huge demand from manufacturers looking for solutions to help them transform their operations in the face of increasing pressures and a worsening skills gap. This investment from Molten Ventures will allow us to scale our business to meet that demand and continue to invest deeply into creating an operational knowledge layer for workers, with operational data enabled by AI.”
Molten principal Nelly Markova added: “Zaptic is addressing one of the biggest challenges facing industrial companies today in a really smart way. By digitising processes and making knowledge more accessible to frontline workers, Zaptic is helping manufacturers significantly improve productivity, reduce waste and better meet customer demands. We’re excited to support the team’s vision for transforming industrial workplaces.”
Currently, leading manufacturers such as Carlsberg, Hovis, Berry Global and Celgard, use Zaptic as part of their transformation activities, digitising operations for frontline teams and accelerating the operational process. The company is committed to providing a solution that will be used in line with Current Good Manufacturing Practice (CGMP) as outlined by the FDA.
