Factbird
Assembly Line
Expedition Growth Capital and EIFO invest $16 Million in Factbird to boost international growth
The Danish tech company Factbird, which supplies intelligent, cloud-based technology for the optimization of manufacturers production lines, has once again landed a large multi-million dollar investment. This time, it is USD 16 million. The money comes from the English capital fund Expedition Growth Capital and Denmark’s Export and Investment Fund, EIFO. The funds will help Factbird’s international expansion after its 2021 separation from consulting firm Emendo Consulting Group as an independent tech company.
Factbird has grown by 300% since 2021. The customer portfolio today counts more than 250+ companies within the pharmaceutical, packaging, industrial equipment and devices, and food and beverage industries across the key markets in the Nordics, USA, Germany, and England.