ThingTrax Secures Investment from Concentric Superseed and Puma Private Equity

ThingTrax Secures Investment from Concentric, Superseed and Puma Private Equity

Private Equity UK News – ThingTrax Secures Investment from Concentric, Superseed and Puma Private Equity

In the latest Private Equity UK News ThingTrax, a provider of asset tracking and management solutions, has secured investment from Concentric, Superseed and Puma Private Equity.

The investment will be used to accelerate ThingTrax’s growth and expand its product offering.

ThingTrax provides a cloud-based platform that allows businesses to track and manage their assets. The platform uses a variety of sensors and technologies to track assets in real time. ThingTrax’s customers include a range of industries, including manufacturing, logistics, and healthcare.

ThingTrax Secures Investment from Concentric Superseed and Puma Private Equity

Concentric is a private equity firm that invests in technology businesses. Superseed is a venture capital firm that invests in early-stage technology businesses.

Puma Private Equity is a private equity firm that invests in growth-stage technology businesses.

The investment in ThingTrax is a sign of the growing interest in asset tracking and management solutions. The asset tracking market is expected to grow rapidly in the coming years, as businesses look for ways to improve efficiency and reduce costs. ThingTrax’s platform is well-positioned to capitalize on this growth.

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The investment will allow ThingTrax to accelerate its growth and expand its product offering. The company plans to use the investment to hire new talent, develop new features for its platform, and expand into new markets.

The investment in ThingTrax is a positive development for the asset tracking and management market. The company’s platform has the potential to help businesses improve efficiency and reduce costs. The investment will allow ThingTrax to accelerate its growth and expand its product offering, which will benefit businesses in a variety of industries.

Here are some of the key details of the investment:

  • The investment was led by Concentric, Superseed and Puma Private Equity.
  • The amount of the investment was not disclosed.
  • The investment will be used to accelerate ThingTrax’s growth and expand its product offering.
  • ThingTrax’s platform is well-positioned to capitalize on the growth of the asset tracking market.
  • The investment is a positive development for the asset tracking and management market.

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