Hradec Kralove-based startup PARTORY, specialising in industrial B2B solutions, announced an investment of €1.25 million from the newly established Jet Ventures fund, part of the investment company Jet Investment.
This investment follows the company’s prior successes, having raised €3.4 million since its inception. In the December funding round, PARTORY secured investments from Movens (PL), Speedup (PL), Borovicka Capital (CZ), Aidiom (NO), and long-term partner Lighthouse Ventures (CZ), with Lighthouse Ventures supporting the company for the third time.
PARTORY is a family business founded by brothers Milan and Jakub Málek, who have over 25 years of experience in mechanical engineering. The company’s uniqueness lies in its focus on the European industrial sector, the largest engineering market in the world.
“For suppliers, we serve as an external sales partner, expanding their market reach and enhancing their competitiveness, while for buyers, we act as a purchasing partner, streamlining procurement processes and simplifying the management of complex supply chains,” said Co-founder & CEO Milan Málek.
The new Jet Ventures fund focuses on supporting industrial startups in the Czech Republic, Slovakia, Poland, Austria, and Germany. The fund aims to invest in projects that bring cutting-edge technological solutions to enhance competitiveness in industrial manufacturing and supply chains.
The investment will enable PARTORY to develop its software platform further and expand into foreign markets. The company plans to hire native speakers in target countries, onboard new local suppliers, and transform them into ESG-compliant businesses. Simultaneously, PARTORY will enhance its AI-driven pricing, technology selection, and procurement management, improving the efficiency of the entire supply chain.
Jakub Císař from the law firm NOVALIA provided comprehensive legal support to PARTORY throughout the investment process, ensuring seamless transactions with international implications.
Co-founder & CTO Jakub Málek added: “We are very pleased to collaborate with Jet Ventures, who have nearly 30 years of experience transforming industrial companies. Their support for young industrial innovators, whose breakthrough technologies contribute to the modernisation and growth of the European economy, is a tremendous opportunity for us. Europe has the largest engineering market in the world, although China and the U.S. are rapidly catching up. There are approximately 1 million companies in Europe with teams of 10-15 people, and our main goal is to support and strengthen the backbone of the European industry.”