Cloud Manufacturing Company, Fractoryone of Estonia’s fastest growing startups, continues to expand in the US

Fractory entered the US market earlier this year with a base in Chicago. With the growth of its supplier network across the country, it will begin offering its coast-to-coast manufacturing automated sourcing service on October 1.

Fractory is an on-demand automated manufacturing platform connecting engineers and manufacturing companies. It also provides access to online manufacturing processes including laser cutting, sheet metal and tube cutting, metal bending, surface treatment and CNC machining.

In June, Fractory received a $4 million venture capital credit facility from Capital of Kreosan investor specializing in high-growth companies. Fractory previously raised $9 million in Series A funding in 2021, before beginning operations in Chicago and the Midwest.

Fractory has been operating since 2017 and was founded by mechanical engineer-turned-entrepreneur Martin Vares, along with Joosep Merelaht (COO) and Rein Torm (CTO).

Fractory connects engineering companies to online production capability, providing instant access to manufacturing processes – including laser, sheet and tube cutting and CNC machining. It improves efficiency, accessibility and quality. With its cloud-based manufacturing platform that provides access to market availability for manufacturing services, Fractory makes manufacturing more sustainable.

Since its inception, Fractory has shown an average annual growth of 300% and a growth in the number of employees of 250%.

Fractory.com

Previous

Caring Senior Service business owner contributes to National Aging in Place Council's book on planning for elderly care

Next

Biden vows to deal with slow start to federal electric fleet

Check Also