Fabriq, a French scale-up focused on industrial optimisation, has secured €22 million in funding to accelerate hiring, expand its SaaS platform, and develop sales across Europe and US.
The funding round was led by Expedition Capital and included participation from long-standing investor OSS Ventures.
Fabriq's SaaS platform aims to digitize Lean Daily Management, helping factories address daily operational issues more effectively and achieve performance goals.
The company plans to target a sustained growth trajectory, aiming for €50 million in ARR by 2029, with a focus on international expansion and addressing the U.S. market.