Partful Receives 2.4m To Transform The Manufacturing Industry's Aftermarket

Partful, a leading aftermarket technology specialist, has successfully raised £2.4 million in funding to fuel the development of its revolutionary 3D parts SaaS platform. This platform is disrupting the global aftermarket industry, valued at a substantial $400 billion, by providing an end-to-end product repair support system with interactive 3D explosion models. Par Equity led the funding round, with Blumberg Capital also participating, resulting in a total investment of £6.2 million in Partful over the past 18 months.

The platform has seen impressive growth, attracting new clients in the emerging electric vehicle sector, such as Maeving, GOVECS, and Dragonfly Hyperscooter. With a remarkable revenue growth of over 100% year on year, Partful has already established strong partnerships with esteemed companies like Lotus Cars, Norton Motorcycles, and IDEX Corporation. The recent funding will empower Partful to expand its engineering team, foster growth in the European and U.S. markets, and accelerate the widespread adoption of its innovative platform.

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