September 19, 2022 – Taqtile, Inc.Recently, the company that provides augmented reality (AR) work instruction solutions for non-desktop employees and maker of augmented reality-enabled work help platform, recently announced the completion of a $5 million preferred equity round. The Seattle-based company said it will use the proceeds to increase sales and marketing efforts, strengthen engineering and development teams and increase its global presence through its extensive partnership network.
Investors in the round include Mesmerise, an innovator of augmented reality and immersive virtual reality (VR) technologies based in London for enterprise clients, as well as Downer Group, a publicly traded Australian industrial and defense systems integrator. Bellevue, the Washington-based 5G Open Innovation Lab, and technology-focused Ascend, a venture capital fund in Seattle, Washington, have also invested in Taqtile.
According to Taqtile, its Manifest platform helps companies address the widening skills gap among frontline workers performing both basic and complex tasks. In a tight labor market where up to a third of non-desk workers are set to retire within the next five years, Manifest enables companies to support their employees with modern digital tools and helps improve the overall safety and performance of their business.
“Taqtile continues to see strong adoption and rapid deployment of Manifest across all sectors, including defense, manufacturing, transportation, MRO aircraft, logistics, pharmaceuticals and more,” said Dirk Shaw, CEO of Taqtile. “Taqtile’s global partners are extremely important to our mission, and this funding will allow us to do a better job in supporting and enabling our partner ecosystem.”
Mesmerise CEO and Co-Founder, Daglar Cizmeci, stated: “As the workforce ages, it is critical to acquire proprietary knowledge to ensure that the next generation of deskless workers learn quickly and efficiently. We see a comprehensive set of use cases in our subsidiary , myTechnic, a large aircraft maintenance, repair and overhaul facility in Istanbul, Turkey, and we look forward to implementing Manifest there soon.”
The Downer Group, which provides full services in Australia and New Zealand, is a Taqtile investor and strategic partner. Downer works in partnership with Taqtile to enable the transformation of frontline work across the company’s 33,000-strong workforce. Close cooperation between Downer and Teqtil has already begun and will continue to grow across major defense and infrastructure projects in Australia and New Zealand, according to Tuqtil.
Commenting on the partnership, Downer Group CEO Grant Fenn said: “Downer’s partnership with Taqtile will enhance the way our work is done on the front lines. The services that Downer provides to our customers impact the lives of millions of people across Australia and New Zealand every day, so from What is important is that we apply industry-leading technology to support the productivity, efficiency and safety of our operations.”
Taqtile Booz partners include Allen Hamilton, CACI, Nokia, Verizon, T-Mobile, Accenture, Microsoft, Amazon AWS and many more. For more information about Taqtile and the Manifest augmented reality work instruction platform, please visit the company website.
Image credit: Taqtile
Sam is the founder and managing editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past five years.