DEAL ALERT Congratulations to our portfolio company Kit-AR for securing another EUR3.3m financing round from 3xP Global; BlueCrow Capital and follow-on from our friendsL SINTEF; Criteria Venture Tech and Armilar!
We are excited to announce the completion of a €3.3 million funding round, co-led by 3xP Global and BlueCrow Capital, with follow-on investments from SINTEF Venture V, Criteria Venture Tech and Armilar Venture Partners (through its NOS 5G Fund and TechTransfer fund)! This funding round positions KIT-AR to accelerate its growth globally, scale the team and advance its vision to become the definitive platform for augmented workers in the #manufacturing industry. “Everyday, industrial brands across the world are realizing that reducing human errors is not only a persistent competitive advantage, but essential to avoid unmitigated costs,” said Manuel Fradinho Oliveira, CEO of KIT-AR. “Our platform offers these brands the opportunity to virtually eliminate these errors, mitigating potentially serious repercussions on their business.”
