The Withers tech team has advised Molten Ventures, the tech focused venture capital fund formerly known as Draper Esprit, on a £10 million Series A funding round for Zaptic, a digital platform which enables business to better manage their frontline teams.
Molten Ventures was lead investor in the funding round, which also included existing investors. Molten will join Zaptic's Board of Directors to help drive the business forward and grow its customer base.
Zaptic's no-code platform helps manufacturers to digitise operations, applying AI to maximise productivity in workflow processes.
Cambridge venture capital partner, Susanna Stanfield, comments: "Zaptic is bringing forward some really exciting solutions for the manufacturing sector and promises to make huge differences to productivity for some of the biggest operators, as well as smaller enterprises. With backing and guidance from Molten Ventures, this is definitely a success story to keep an eye on."
Withers tech is the technology, life sciences and venture capital focused team at international law firm Withers. The Withers tech team was led by Susanna, working alongside Iain Cockburn, Mary Harley, Lily-May Austen, Hugh More, Kate Heywood, Ben Williams and Nicola Culliton.