Cofactr Secures $28.8M Series A to Accelerate Hardware Innovation & Fortify Global Supply Chains

Cofactr is excited to announce a major milestone in its journey to revolutionize the hardware industry by securing $28,800,000 in new funding. This strategic investment reaffirms the company’s commitment to empowering hardware innovators to get to market faster while building robust and resilient supply chains. By harnessing cutting-edge data intelligence, procurement, and logistics infrastructure, Cofactr is uniquely positioned to streamline operations and drive significant improvements in efficiency and collaboration throughout the manufacturing ecosystem. The fresh capital will be pivotal in accelerating technology development, expanding global market reach, and enhancing the company’s comprehensive suite of solutions designed to address the dynamic challenges faced by today’s hardware innovators. Leading companies such as Amazon Robotics, Snapchat, Summit Interconnect, Carbon, Stoke Space, Neros, Farcast, Nautilus Defense, and PatchRX have already placed their trust in Cofactr, a testament to its quality and the transformative impact of its platform. With this new injection of funds, Cofactr will further fortify its commitment to empowering these industry trailblazers and many others by driving more innovative product development and optimizing end-to-end supply chain operations. This funding not only underscores investors’ confidence in Cofactr’s groundbreaking approach but also sets the stage for significant advancements in the speed-to-market for hardware solutions. As the company continues to evolve and expand, it remains steadfast in its mission to create a future where agility and resilience in manufacturing are the standard, not the exception.