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Among its supporters, SN Ventures, a strategic investment arm of Schneider Electric, has a training program for industrial companies and software and energy and automation group Pokka’s employees.
To date, the company has raised over $ 23 million through its application and software service packages, providing training and tips to factory workers.
The new fund will help promote global marketing and accelerate its growth through new distribution strategies.
Since 2014, Poka has served companies such as Bosch, Danone, Mars, The Craft Heinz Company, Johnson & Johnson and Stanley Black & Decker.
Former Quebec supporters in Canada include Robert Bosch Venture Capital, the Luxler Group and the CDPQ.
For Poka, the demand for a combination of automation and creative workforce is increasing, which creates a skills gap in industrial centers.
“Poka is built to challenge the challenges of the world’s largest manufacturers – many of whom are Schneider Electric customers,” Poka CEO Alex Lesler said in a news release. “Our partnership gives us a global edge in our target markets and provides a comprehensive approach to digital transformation for our customers.”
For SE Ventures General Partner Grant Allen, information sharing in aging technology and production facilities around communications represents a clear investment opportunity. “Many of the tools and systems used to transmit, capture and share information in the retail products environment are outdated, making employees more efficient and secure without specific details,” says Allen Huh. Said.