Although the uncertainty of pending tariffs is becoming all too familiar, medical device manufacturers and suppliers aren’t just sitting back and resting on their laurels when it comes down to strategic planning.
Cofactr, a supply chain and logistics management platform that streamlines parts sourcing, production and processes for high-compliance and agile hardware manufacturers, today announced the acquisition of AI-based solution Factor.io.
The deal will help manufacturers get real-time updates on their supply chain, reducing delays and improving efficiency
Industry analysts says absolute cost of an airplane could increase by ‘single digits’ from duties on electronics systems alone
Interview with Phillip Gulley, CSO and Co-Founder at Cofactr
Absolute cost of an airplane could increase by ‘single digits’ from duties on electronics systems alone, according to an industry analyst.
The integration will enable Cofactr users to manage procurement, approve and pay for orders, move items between vendors, track deliveries, and monitor stock availability.
Cofactr will integrate Factor.io’s capabilities into its unified platform, where critical hardware manufacturers and R&D teams manage and automate every process involved in getting products to market.
NEW YORK–(BUSINESS WIRE)–Cofactr, a supply chain and logistics management platform that streamlines parts sourcing, production and processes for high-compliance and agile hardware manufacturers, today announced the acquisition of AI-based solution Factor.io.
The Acquisition of AI Company Factor.io Will Enable Procurement Beyond Electronic Components and Reduce Logistical Delays for Defense, Aerospace, Robotics, MedTech and Other Highly Regulated Manufacturers
Cofactr, a NYC-based provider of a supply chain and logistics management platform, announced the acquisition of Factor.io, a Cambridge, MA-based company developing AI-based solutions.
The Acquisition of AI Company Factor.io Will Enable Procurement Beyond Electronic Components and Reduce Logistical Delays for Defense, Aerospace, Robotics, MedTech and Other Highly Regulated Manufacturers
DesignCon, the premier high-speed communications and system design conference and exposition, celebrated their 30th anniversary with special events such as a 30th anniversary lounge, scavenger hunt, First Timers gathering, Women in Engineering reception and Lunar New Year celebration.
The high reliability mature-node semiconductor supply had been weak for years and was on track to be outpaced by automotive demand in the years leading up to 2020.
New York startup Cofactr raised $17.2 million in a series A investment round. With the new funding, Cofactr will hire engineering and customer-service personnel to support its supply chain and logistics management platform, designed for high-compliance industries like aerospace.
By creating a seamless link between Product Lifecycle Management, Enterprise Resource Planning, and Manufacturing Execution Systems, Cofactr enables organizations to maintain rigorous compliance while accelerating their product development cycles.
Good day. With new tariffs likely on the horizon, some logistics visibility startups might see a spike in demand. Take Cofactr, a New York-based startup that offers a supply chain and logistics management platform that serves sectors such as aerospace, defense, robotics and medical technology.
Cofactr – a supply chain and logistics management platform that streamlines production processes and policies for critical hardware manufacturers – announced the closing of its $17.2 million Series A funding round. Bain Capital led the funding, and they were joined by existing seed investors Y Combinator, Floating Point Ventures, Broom, and DNX. The new investment brings Cofactr’s total funding to $28.8 million.
Cofactr, a supply chain and logistics management platform that streamlines hardware manufacturing, has raised $17.2M in Series A funding led by Bain Capital Ventures. Founded by Matthew Haber and Phillip Gulley in 2021, Cofactr has now raised a total of $28.8M in reported equity funding.
Cofactr, a New York-based supply chain and logistics management platform, has raised $17.2 million in Series A funding, bringing its total funding to $28.8 million.