FourJaw has developed a platform that acts as a fitness tracker for machines, monitoring ‘vital signs’ such as machine utilisation and energy usage. It then turns the data into actionable insight that enables manufacturers to remove inefficiencies from the factory floor. Here are details of FourJaw’s latest funding round :
🚀 Launch
2020
🏭 Industry
Machine monitoring
🧠Management
Chris Iveson (CEO & Co-founder), Robin Hartley-Willows (CTO & Co-founder), Olivier Pogmore (Head of Sales), James Brook (Head of Marketing & Communications), Chris Parkin (Head of Customer Success), Drew McLaughlin (Head of Engineering)
💸 Funding & Investors
| INVESTMENT (October 2023) | £1.8 million |
| INVESTORS | NPIF – Mercia Equity Finance |
| PREVIOUS FUNDING | £1 million from SFC and Innovate UK (April 2022) |
| TOTAL FUNDING | almost £4 million |
🎯 Funding purpose
Team growth; Product development; Sales
🌐 Country HQ
UK (Sheffield)