Arkyn raises EUR 3.8 million in seed capital investment round led by Trifork Labs
Press release
Copenhagen, April 26, 2022 – Arkyn, the SaaS mobile app company on a mission to make it easy to use SAP, has raised EUR 3.8 million in an investment round from Trifork Labs, the founders and management, and other private investors.
Founded in 2020, Arkyn delivers pre-developed iOS apps and a platform that fits on top of SAP’s processes like plant maintenance, customer service and field service. The company helps enterprises increase productivity, optimize work processes, and increase the quality of data reported by employees. Enabling time savings, cost optimizations and new insights.
“We are pleased by the trust and confidence shown by our investors. The funds allow us to continue
to develop that critical link between the back-office super users of SAP and field technicians who need user friendly mobile apps to gather information and feedback data from anywhere,whether it is 300 feet below ground in a subway or high up in a wind turbine,” says Nicolai Elmqvist, CEO & Co-founder of Arkyn.
The funds raised will be used for further product development, sales and marketing activities across Europe targeting enterprises within manufacturing and railway as well as re-selling partners like Trifork or ATEA.
“The Arkyn team has been working with design thinking and mobile interfaces for SAP for many years, changing complex processes into safe, efficient, and intelligent user experiences. Arkyn has played a vital role for Trifork’s Smart Enterprise show case solution to Banedanmark, and we are pleased to continue to support the company and to welcome the new co-investors,” says Jørn Larsen, CEO and founder of Trifork.
Arkyn’s app suite currently consists of four apps used by field technicians within the manufacturing and railway industry. FastAssets deliver valuable insights about the maintenance history in a production line or on a railway, FastFieldwork helps technicians understand and report their work on location through features like speech to text, FastTime enables simple time registration and FastForms is a tool to replace paper forms or excel sheets that are still widely used across industries due to lack of alternatives. All apps are connected to Arkyn’s platform that enables real-time synchronization of data with the customers’ local SAP installation.
For further information:
Arkyn: CEO Nicolai Elmqvist, +45 2944 4108, ne@arkyn.io
Trifork: CMO Peter Rørsgaard, +45 2042 2494, pro@trifork.com
About Arkyn (www.arkyn.io)
Arkyn, headquartered in Copenhagen, Denmark, is a SaaS startup focusing on creating user-friendly apps for enterprises using SAP and a middleware that makes integration with the customers’ on-premise SAP installation easy. The app suite currently contains 4 different apps that are designed to improve efficiency, data quality and to make life easier for blue collar workers like field technicians, maintenance planners who are not SAP super-users. Arkyn is currently focusing on the manufacturing and railway industry. Including pharmaceuticals & life science, food & beverage, automotive, utilities, chemicals, oil & gas, renewable energy and more. Founded in 2020 by Trifork Labs and former Invokers founders (today Trifork Smart Enterprise), Arkyn today has 15 employees and among the customers are the Danish national railway company Banedanmark and global maritime safety company Viking. Read more on: www.arkyn.io
About Trifork (trifork.com)
Trifork is a global NextGen IT company that develops innovative software solutions in collaboration with its customers. The company has more than 950 employees, across 58 business units, with offices in 12 countries in Europe and the USA, and works in six business areas: Digital Health, FinTech, Smart Building, Cloud Operations, Cyber Protection and Smart Enterprise. Trifork’s research and development takes place in Trifork Labs, where Trifork continuously co-invests and develops technology start-up companies. Trifork is behind the brand, GOTO, which runs a global tech community with over 275,000 subscribers and more than 30 million views on YouTube.
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin