Molten Ventures has led the £8m ($10m) Series A funding round in Zaptic, the UK-headquartered, frontline operations platform for global manufacturing companies.
Zaptic is a Manchester-based software company that provides a platform for digitising frontline operations by connecting workers with real-time knowledge to close the skills gap and accelerate transformations.
The investment will be used to continue Zaptic’s growth, expand into new markets and develop its no-code platform.
The technology helps manufacturers bridge the ongoing skills gap and digitise daily operations in a way that closes the data loop and brings in application of AI in factories.
Zaptic has previously raised £4.8m ($6m) from investors such as Chalfen VC and Backed VC across several seed rounds.
Molten, who are a leading venture capital firm investing in high growth technology businesses, will join Zaptic’s board of directors as part of the deal.
Richard Milnes, CEO of Zaptic, 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.”
Nelly Markova, principal at Molten Ventures, said: “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.”
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 operational excellence journeys.
The company’s vision is to be the operating system for frontline execution, with insight and best practices shared within and across companies, raising standards and improving workforce productivity across supply chains.