Zaptic Secures $10 Million for Expansion and Innovation
Zaptic, a pioneering frontline operations platform situated in Manchester, UK, has successfully secured $10 million in a Series A funding round. This significant investment was spearheaded by Molten Ventures, with additional contributions from renowned venture capital firms Chalfen VC and Backed VC. Along with this funding, Molten Ventures will be integrating its expertise by joining Zaptic’s Board of Directors, which is expected to enhance the strategic direction of the company as it navigates the complexities of the manufacturing sector.
The funds raised are earmarked for several strategic initiatives aimed at promoting the company’s growth trajectory.
Zaptic plans to leverage this capital to push further into new markets and explore various verticals, ultimately expanding the impact of its no-code platform. The company has outlined an ambitious roadmap for the short-term in 2023, emphasizing advancements in knowledge management, investments in skills management, and enhancements to its core product. Moreover, Zaptic is set to focus on developing predictive insights as well as integrating emerging technologies such as wearables and augmented reality into its offerings, providing clients with cutting-edge tools to optimize their operations.
Under the leadership of CEO Richard Milnes, Zaptic is committed to revolutionizing frontline operations by equipping workers with real-time access to critical knowledge. This capability is essential in closing the skills gap and aiding in digital transformations across the manufacturing landscape. The platform's innovative guided workflow is designed to provide detailed operator assistance at the task level, seamlessly aligning human and machine reference data. This unique approach facilitates context-specific insights, which in turn enhances machine learning adaptability. Currently, Zaptic plays a vital role in the transformation activities of major manufacturers like Carlsberg, Hovis, Berry Global, and Celgard, showcasing its effectiveness in enhancing operational efficiency in an increasingly competitive marketplace.
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