Investment fund 1520 CTT/TechTree: Investing in the best

14 July, 2022

The TechTree investment fund, launched by CTT to support innovation activities in small and medium-sized companies and start-ups, invested in two Portuguese start-ups with solutions in the area of Operations and Logistics, thus reinforcing the connection and support to the national business fabric and driving the development of business innovation.

The investment was made in the start-up KIT-AR, in the area of augmented reality (augmented work) for industrial production and in Sensefinity, in the area of logistics, with the CTT investment fund participating in the round to raise funds for the KIT-AR.

KIT-AR promotes a platform that reduces production errors in the industry, using augmented reality and artificial intelligence to expand the capabilities and results of workers on the factory floor and make them more efficient.

Sensefinity is developing an Internet of Things platform focused on providing real-time metrics for critical goods and assets to companies, so that they can have visibility into their supply chain.

The operationalization and monitoring of the two investments now made and those that will arise in the future will be carried out by the program for interaction with CTT start-ups, the 1520 StartuProgram.