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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 10:23

Fractory raises EUR 170,000 from investors

BC, Tallinn, 28.05.2018.Print version
The Estonian startup Fractory has raised an investment of 170,000 euros from Estonian, Dutch, Belgian and Saudi angel investors in the Latitude59 pitch competition for early stage startups, reports LETA/BNS.

Latitude59's Pitch Competition for early and seed stage startups is organized in partnership with the Nordic Angel Program (NAP) run by the Estonian Business Angels Network (EstBAN) twice every year.


The manufacturing marketplace developed by Fractory provides a one-stop shop to discover, compare, and fulfill orders for laser-cutting regardless of batch size. Fractory's algorithm ensures fast lead time and low cost by utilizing a network of high quality manufacturers across the European Union.  


For companies with specialized laser-cutting equipment, Fractory optimizes the use of available capacity to accelerate return on expensive machinery investments.






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