Fracttal, a Madrid, Spain–based, AI-driven maintenance solutions provider for asset-intensive industries, has raised $35 million in a growth funding round.
Investors
The round was led by Riverwood Capital, with participation from all existing investors, including Seaya Ventures.
Riverwood Capital is a private equity firm that invests in high-growth technology and technology-enabled companies. The firm provides a unique combination of operational, strategic, technological, and financial expertise to help businesses scale globally. Founded in 2008, Riverwood has invested in more than 85 companies and maintains offices in Menlo Park, Miami, New York, and São Paulo.
Fracttal Use of Funds
The company will use the funds to strengthen AI and product development, scale teams, and accelerate expansion across Latin America and Europe.
About Fracttal
Fracttal provides AI-powered maintenance and asset management software that helps organizations move from reactive to predictive and intelligent maintenance. The platform enables companies to manage physical assets, maintenance operations, and workflows at scale, leveraging predictive and agentic AI capabilities alongside IoT technologies. Its AI-powered solution, Fracttal One, centralizes all maintenance operations through open integrations with enterprise systems and third-party IoT sensors, as well as Fracttal’s proprietary portfolio of IoT hardware. Operating in more than 60 countries and managing over 20 million assets, Fracttal serves 1,500 customers, including Iberostar, Acciona, Veolia, Coca-Cola, and FedEx.
Funding Details
Company: Fracttal Tech, SL
Raised: $35.0M
Round: Growth
Funding Date: January 2026
Lead Investor: Riverwood Capital
Additional Investors: Seaya Ventures, Kayyak, GoHub, Amador
Company Website: https://www.fracttal.com/
Software Category: AI-Powered Maintenance / Asset Management
Source: Miguel Angel Alfonso