Fracttal, a provider of AI-powered maintenance solutions, has secured $35 million in funding led by Riverwood Capital, with participation from existing investors. ## Expansion and Development The investment is intended to support the company’s continued growth, product development, and global expansion. Fracttal provides AI-powered maintenance management and physical asset software to more than 1,500 customers worldwide. ## The Fracttal One Platform The flagship platform, Fracttal One, centralizes maintenance operations through open integrations with enterprise systems, third-party IoT sensors, and the company’s proprietary IoT hardware portfolio. Together with its Fracttal Sense device line, the platform enables organizations to improve operational efficiency, safety, and sustainability by connecting data, people, and assets across industrial environments. ## Future Goals The new funding will primarily be used to advance product development, with a focus on AI and agentic capabilities, IoT sensor technologies, and industry-specific functionality. The company also plans to expand its teams across engineering, data science, product, sales, marketing, and customer success, while strengthening its internal structure to support sustainable growth. In parallel, Fracttal intends to pursue selective acquisitions and partnerships to accelerate market expansion and deepen its product offering. Fracttal currently manages more than 20 million registered assets and operates in over 60 countries. Its customer base spans manufacturing and facilities maintenance and includes companies such as Iberostar, Acciona, Veolia, Coca-Cola, and FedEx.