Taqtile., a Seattle, Washington-based maker of Manifest®, the augmented reality (AR)-enabled work-instruction platform for deskless workers, announced the completion of a $5 million preferred equity round.
Mesmerise, a London-based immersive AR and virtual reality (VR) technology producer for enterprise customers, and Downer Group, a publicly traded Australian industrial and defense systems integrator, are among the investors in this round.
Taqtile has also received investments from the Bellevue, WA-based 5G Open Innovation Lab and the Seattle, WA-based venture capital fund Ascend.
The company will utilize proceeds to increase sales and marketing efforts, reinforce engineering and development teams and increase its global footprint through its extensive partnership network.
“Taqtile continues to see robust adoption and accelerated deployment of Manifest across all sectors, including defense, manufacturing, transportation, aircraft MRO, logistics, pharmaceuticals, and others,” stated Taqtile CEO Dirck Schou. “Taqtile’s global partners are absolutely critical to our mission, and this financing will allow us to do a much better job supporting and enabling our partner ecosystem.” Taqtile’s partners include Booz Allen Hamilton, CACI, Nokia, Verizon, T-Mobile, Accenture, Microsoft, Amazon AWS, and many more.
Company: Taqtile, Inc.
Round: Equity Round
Funding Month: September 2022
Lead Investors: Mesmerise and Downer Group
Additional Investors: 5G Open Innovation Lab and Ascend
Company Website: https://taqtile.com/
Software Category: Augmented Reality Work Instruction Software
About the Company: Founded in 2011, Taqtile creates the tools of tomorrow that improve processes and workflows, train the next generation of hands-on workers, and eliminate the barriers between machine and operator, location, and time. By leveraging proven technologies, including AR, 3D visualization, and real-time collaborative communication, Taqtile’s Manifest platform empowers deskless workers to complete complex tasks more efficiently, completely, and safely than ever. Manifest solves an acute business problem plaguing many companies: managing the widening skills gap among frontline workers performing essential and complex tasks. The company is based in Seattle, Washington.