Third Prime
Assembly Line
First Resonance Secures Major Investment to Drive Digital Manufacturing with ION Factory OS
First Resonance, a leader in digital manufacturing solutions, announced the successful close of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This investment, which brings total funding raised to $32M, marks a critical step in advancing First Resonance’s ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. The funding will fuel product development, expand customer support, and launch the ION Marketplace — a dynamic ecosystem for application developers and integration partners to build digital solutions on ION Factory OS.
Datch Closes $15M Series A
Datch, a pioneer in AI technology for frontline manufacturing, energy and utility sectors, announced the closing of its $15M Series A via an extension led by Third Prime. The fundraise coincides with the launch of Datch’s latest product offering, Asset Insights. Third Prime, a leading venture firm focused on the industrial technology space, led the latest round of funding, and is joined by existing investors including Blackhorn Ventures, Blue Bear Capital and Susquehanna Investment Group. Datch plans to use this funding to invest in market expansion within the enterprise while increasing capabilities within the Asset Insights toolkit.
Datch’s Asset Insights leverages breakthroughs in LLM and graph technology so organizations can turn the unstructured, disparate information within their ecosystem into actionable insights that improve operational outcomes. As the latest installment of Datch’s Frontline Intelligence Platform, it represents the next step in the company’s mission to empower operations that accelerate the world’s economy.
GreenSpark Announces $9.4 Million in New Funding To Expand Its Modern Operating System for the Metal Recycling Industry
GreenSpark Software, a modern software platform for the metal recycling industry, announced it has raised $9.4 million in new funding, bringing GreenSpark’s total financing to ~$19 million. The investment was led by Zero Infinity Partners and Third Prime with participation from Bienville Capital and select strategic individuals. This round of fundraising positions GreenSpark to expand its product suite and employee base while continuing to help metal recyclers optimize their operations and drive profitability.