Fracttal Secures $35M Funding Round Led by Riverwood Capital

The round was led by Riverwood Capital, with participation from existing investors Seaya Ventures, Kayyak, GoHub, and Amador.

Christian Struve, CEO and co-founder of Fracttal, explains: “Fracttal was born from the conviction that maintenance must move from reactivity to proactivity, and be a driver of significant operational efficiency gains. It should be a source of intelligence and safety, not a burden. Long before launching Fracttal, we saw thousands of companies struggling with manual processes and outdated spreadsheets and we knew there was a better way.

“Today, AI is accelerating this shift, and Fracttal is at the forefront with a platform built on predictive and agentic capabilities that transform maintenance into a competitive advantage.”

Within the 2025 funding landscape Fracttal’s latest round stands out as one of the larger European investments in AI-driven maintenance and asset management software over the past year.

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Earlier in 2025 Munich-based remberg raised €15 million to scale its AI-powered industrial maintenance platform across Europe reflecting continued investor interest in predictive and proactive maintenance. Stockholm-based IPercept also secured €5 million to expand its AI solution focused on improving machine efficiency in manufacturing.

Investment activity extended into adjacent enterprise and asset-operations segments with London-based Conduct raising €11.2 million to modernise legacy IT systems using AI. Smaller rounds were secured by facilities and building management startups including UK-based Tyten (€0.86 million), Switzerland’s viboo (€3.3 million), and Estonia’s Bisly (€4.3 million).

Altogether, these rounds total around €69 million invested across AI-enabled maintenance, asset management and related operational software positioning Fracttal’s raise as a notable contribution within an active European funding environment for industrial and facilities-focused AI platforms.

Christian stresses that the industry is undergoing a historic transformation: “Today, artificial intelligence and the proliferation of industrial sensors are opening possibilities that were unthinkable just a decade ago. We can now understand the condition of an asset before it fails, learn from every operation and empower maintenance teams to make faster, better decisions. That is the future we build every day at Fracttal thanks to our platform and our commitment to true Maintenance Intelligence.”

Founded in 2015, Fracttal specializes in AI-powered maintenance management and physical asset software, serving more than 1,500 customers worldwide. Its flagship solution, Fracttal One, centralizes maintenance operations through open integrations with enterprise systems, third-party IoT sensors and its own hardware portfolio.

Together with its IoT device line, Fracttal Sense, the company enables organizations to improve efficiency, safety, and sustainability by connecting data, people, and assets across modern industrial environments. Fracttal manages over 20 million registered assets, operates in more than 60 countries, and counts customers such as Iberostar, Acciona, Veolia, Coca-Cola, and FedEx.

Riverwood Capital co-founder and Managing Partner Francisco Alvarez-Demalde commented: “Maintenance is one of the largest and most mission-critical functions across industrial and infrastructure sectors yet it has historically been underserved by modern software. Fracttal has developed a world-class, AI-driven platform with the technological depth needed to transform how organisations manage complex, distributed assets.”

A large share of the funding will go toward product development, with a strong emphasis on expanding AI and agentic capabilities, advancing IoT sensor technologies, and building deeper vertical-specific features. Fracttal will also scale its teams across engineering, data science, product, sales, marketing and customer success, while reinforcing the internal structures required for sustainable growth. In addition, the company plans to pursue inorganic growth through strategic acquisitions and partnerships.

Pablo Pedrejón Partner at Seaya Ventures and an early investor in Fracttal, added that execution has been key to the company’s trajectory: “We invested in Fracttal early because the team combined deep domain knowledge with the ability to execute over the long term. Since then they’ve consistently delivered on their roadmap, expanded internationally, and built a platform that solves real, operationally critical problems. This next phase is about scaling that impact globally.”

About Fracttal

Fracttal is a cloud-based maintenance and asset management platform that integrates AI, IoT and smart sensors. Designed to be modern, secure and intuitive, it helps companies manage assets efficiently from anywhere, improving reliability, safety and performance across industrial and facilities operations worldwide.