Investment year: 2023
Investment stage: Series A
Founders:
Martin Vares
Joosep Merelaht
Rein Torm
Founded:
2017, Estonia
Fractory
Fractory is an automated on-demand platform connecting engineering and manufacturing companies. Fractory automates the manufacturing procurement process from quoting to manufacturing and delivery, with Fractory handling every aspect of the order. Customers use Fractory for series manufacturing, project manufacturing, and prototyping.
Fractory employs 80 people across its offices in Estonia, Finland and the UK and was placed 32nd in the Financial Times’ ranking of Europe’s 1,000 fastest-growing companies in 2023.
The company was founded in 2017 by mechanical engineer-turned-entrepreneur Martin Vares along with Joosep Merelaht and Rein Torm.