Connektica raises $5M CAD in funding to accelerate the deployment of its manufacturing execution platform

Jérémy Perrin, CEO of Connektica

TOULOUSE and MONTREAL — Connektica, a Franco-Canadian startup, announces a $5 million CAD funding round on Apr. 8. With reported traction in the space industry for their manufacturing digitalization and automation solution, Connektica now aims to accelerate its commercial expansion and extend its services to other industries, starting with aerospace and defense.

The transition to standardized products manufactured at scale represents a challenge for the space industry, and particularly small and medium-sized enterprises. Defense and aerospace companies are now facing similar issues with the rearmament of Europe and Canada, focused on drones, missiles, and satellite data, which requires a rapid increase in production capacities across the entire ecosystem. To seize this opportunity, manufacturers need more scalable and flexible solutions to standardize and industrialize their processes.

By automating the entire manufacturing process, Connektica says it can guarantee end-to-end traceability without burdensome processes. From manufacturing execution system (MES), testing automation, to data management, Connektica says it is offering an an all-in-one solution for manufacturers to scale production while complying with industry standards. “Our solution is based on a fully integrated manufacturing management system. Our clients can digitize and automate complex processes, such as sequential testing, and control all their production lines from one location. With Connektica, they can also monitor their suppliers in real-time, eliminating a significant bottleneck to rapidly scale production across multiple sites, with end-to-end traceability and monitoring at every stage,” says Jérémy Perrin, CEO of Connektica.

Connektica says it is ready to accelerate its commercial expansion with a goal of serving 100 SME customers and achieving $5 million CAD in recurring revenue by 2028.

Jérémy Perrin adds: “We’ve seen companies develop a competitive advantage by internalizing their supply chain. But SMEs and integrators cannot replicate this model internally, particularly in Europe and Canada. Our platform facilitates the verticalization of their supply chain to give them more autonomy, responsiveness, and cost control. This model, adopted by the Space industry, can be applied to other industries that need to scale production, industrialize assembly and testing, and maintain full traceability and compliance to industry requirements.”

Connektica also says it will invest in bolstering its cybersecurity and obtaining ISO 27001 certification in the coming months.

The Franco-Canadian startup says it also wants to double its workforce and grow its experience to new strategic domains over the next three years.