Arkyn receives €4M financing to accelerate growth and expand product suite
Copenhagen-based enterprise software company Arkyn has secured a €4 million financing round. This investment, co-led by Compounding Capital and Trifork Labs, will fuel Arkyn's growth and expansion, strengthening the European tech landscape in the enterprise software sector. Arkyn's digital platform streamlines service and asset maintenance for SAP systems. The company's solution integrates real-time ERP data into maintenance workflows, asset utilization, and performance metrics, utilizing a modern frontline app suite. Features include work-order management, asset history, and digital forms, all supported by FastCloud middleware, enabling rapid deployment in 2-4 weeks. The platform targets large enterprises in asset-intensive industries like manufacturing and utilities. By empowering frontline workers and improving data quality, Arkyn aims to reduce administrative burdens and accelerate maintenance processes. The new funding will enable international expansion and the development of AI-driven features.
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