TMCnet News
Poka Announces a $10 million Investment led by Caisse de dépôt et placement du Québec and BoschApp Empowers Factory Workers to Learn, Share and Troubleshoot in Real-Time QUEBEC CITY, March 7, 2018 /CNW Telbec/ - Poka, a training and knowledge platform for manufacturers, announced today that it has raised $10 million in financing which will help the company expand into the United States and Europe and better support its growing global customer base. In addition to the ongoing participation of Poka's original seed investors, iNovia Capital and Uncork Capital, participants in the Series A funding round included Caisse de dépôt et placement du Québec through its fund Espace CDPQ, Robert Bosch Venture Capital GmbH (RBVC) and the Leclerc family. Poka is a Web and mobile app that gives workers the power to capture, consume and share critical information in real-time on the factory floor, leading to improved productivity. In just 3 years, Poka has become a catalyst for digital transformation among manufacturing leaders including Thomas & Betts, ArcelorMittal, WestRock, and Danone. By creating a standardized multimedia knowledge base of guides, training content and solutions related to each workstation and machine, Poka helps reduce production downtime, improve quality and safety, and facilitate communication across factories, departments and shifts. "Multiple trends including an aging workforce and increased automation are converging right now to cause a skills gap," said CEO and co-founder Alex Leclerc, "Poka addresses these challenges by accelerating employee onboarding and improving knowledge sharing in the new Smart Factory era." "As the industrial sector is undergoing rapid changes, manufacturers must leverage new ideas and technologies to stay competitive. Poka's solutions help manufacturers improve their performance and achieve the digital sophistication tht is now necessary to stand out," said Christian Dubé, la Caisse's Executive Vice-President, Québec. "We are proud to support innovative companies like Poka in their development and international expansion." "Our investment in Poka reflects the commitment of RBVC to helping the industry respond to changing market forces through innovation," said Luis Lloveraom, Managing Director at RBVC, "Poka is a game changer because it completely rethinks how training and knowledge sharing happen on the factory floor." About Poka About Caisse de dépôt et placement du Québec About RBVC About iNovia Capital
SOURCE Poka |