CTHINGS.CO secures PLN 20 million (EUR 4.5 million) for international expansion. The funding round involved ORLEN VC, PKO VC, Freya Capital and an existing investor, Level2 Ventures.
We’re excited to announce that CTHINGS.CO has reached another significant milestone by closing a Series A investment round that will propel us into a new international development phase.
We would like to extend a warm welcome to Orlen VC, PKO VC, and Freya Capital, who joined our long-time investor Level2 Ventures in the latest funding round of PLN 20 million (EUR 4.5 million).
“The investment comes at a crucial time for us. We are seeing increased interest in our products and services from the European and US markets. Industrial 5G networks are becoming a reality, and our solutions are a perfect fit to address the needs that exist there,” says our CEO, Arnold Wierzejski.
“The investment consortium is a group of the largest investors from the CEE region, and we are very positive about further cooperation on several levels - technological, business and financial,” he adds.
We would like to thank all of those who have supported us so far – customers, partners, investors, team members –, and we are excited to further develop our innovative solutions and help more customers turn hidden data into better decisions.