Porto, Portugal-based Infraspeak, an Intelligent Maintenance Management Platform (IIMP), announced on Tuesday that it has raised €7.5M in a Series A extension round of funding from Bright Pixel.
The announcement comes eighteen months after raising €10M in funding in a Series A round in October 2021. Leading the round were Indico Capital Partners and Knight Capital, alongside existing investors Caixa Capital and Innovation Nest.
The fund will help the Portugal company accelerate its growth and expansion plans as well as drive impactful innovations within the organisation.
The Portuguese firm says it will use the extension funds to further develop the Infraspeak Network, a unique feature that will facilitate seamless collaboration between facilities managers and service providers, streamlining the entire workflow from quote submission to job completion.