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Workforce training app developer Poka adds strategic investor Schneider Electric

Workforce training app developer Poka adds strategic investor Schneider Electric

Poka, a workforce coaching app and software program service for industrial corporations, has added SE Ventures, the enterprise capital arm of the European vitality and automation conglomerate Schneider Electric to its roster of backers.

The firm has raised over $23 million in funding to this point for its software and software program providers bundle that gives coaching and suggestions for staff on the manufacturing unit flooring.

The firm mentioned it could use the brand new funding to broaden its world advertising by means of new distribution methods and pace up its product growth.

Since 2014, Poka has been promoting its providers to corporations together with Bosch, Danone, Mars, The Kraft Heinz Company, Johnson & Johnson and Stanley Black and Decker, the corporate mentioned.

Previous backers of the Quebec City, Canada -based firm embody Robert Bosch Venture Capital, Groupe Leclerc, and CDPQ, based on the corporate.

For Poka, demand is pushed by the mix of accelerating automation and an ageing workforce making a abilities hole in industrial amenities.

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“Poka was designed particularly to handle the challenges and desires of huge world producers — a lot of whom are shoppers of Schneider Electric,” mentioned Poka chief govt Alex Leclerc in a press release. “Our partnership provides us world attain inside our goal markets and supplies worth to our joint clients by providing them a extra full path to digital transformation.”

For SE Ventures basic accomplice Grant Allen, the alternative of ageing applied sciences round communication and knowledge-sharing in manufacturing amenities represented an apparent funding alternative. “The instruments and programs used to speak, seize and share data in industrial manufacturing amenities are largely outdated, leaving staff with out the required data to be efficient and secure,” mentioned Allen.

 

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