Fracttal, a Spanish technology start-up specializing in the intelligent management of asset and infrastructure maintenance for companies, has completed a $10 million (€9.4 million) investment round led by Kayyak Ventures.
Image: tax partner José E. Aguilar Shea, M&A partner Rocío García (Squire Patton Boggs) and Diana Rivera venture capital and corporate partner (Cuatercasas).
In this round, the company has again received the backing of GoHub, which invested in the early stages of the company, and the incorporation of Amador Holdings. The deal includes debt financing provided by BBVA Spark, to boost its growth and global expansion. The company’s previous financing operation in 2021, worth €4.3 million, was led by Seaya and allowed it to boost its growth and improve its technology in Latin America, the United States and Europe.
The group’s client portfolio includes major companies such as Renault, Burger King, Acciona, Unilever, Iberostar, Veolia, FedEx, Oxxo, 3M and Coca-Cola.
The Squire Patton Boggs team has advised Fracttal with a team led by tax partner José E. Aguilar Shea and M&A partner Rocío García, with the support of senior associate Alejandra Castañeda, and associates Jaime Arca and Iñigo Oliván.
Cuatrecasas team has advised Kayyak and the Spanish leading team has been formed by Diana Rivera as partner in charge, together with Amador Rodríguez and Jaime Sepúlveda. Teams from the Colombian and Mexican offices of Cuatrecasas have also participated.