In a significant boost for the Czech engineering sector, digital factory PARTORY has successfully secured an investment of €1.25 million from Jet Investment as part of its mission to enhance procurement efficiency and digitize supply chains for engineering and manufacturing firms. This funding will support the development of PARTORY’s software platform and facilitate its expansion into international markets.
Founded by brothers Milan and Jakub Málek, PARTORY has already raised a total of €3.4 million since its inception. With over 25 years of combined experience in mechanical engineering, the Málek brothers have carved a niche in the European industrial sector—the largest engineering market globally. Milan Málek, the co-founder and CEO, emphasizes the dual role of PARTORY: “For suppliers, we serve as an external sales partner, expanding their market reach and enhancing their competitiveness. For buyers, we act as a purchasing partner, streamlining procurement processes and simplifying the management of complex supply chains.”
The investment from Jet Ventures is particularly strategic, as the fund is dedicated to supporting industrial startups in Central Europe, including the Czech Republic, Slovakia, Poland, Austria, and Germany. This partnership will enable PARTORY to further develop its technological capabilities while expanding its footprint in foreign markets. The company plans to hire local talent, onboard new suppliers, and guide them in achieving Environmental, Social, and Governance (ESG) compliance.
In addition to enhancing its software, PARTORY aims to leverage AI to improve pricing strategies, technology selection, and procurement management, ultimately boosting supply chain efficiency. “We are very pleased to collaborate with Jet Ventures, who have nearly 30 years of experience transforming industrial companies,” stated Jakub Málek, co-founder and CTO. “Their support for young industrial innovators is a tremendous opportunity for us. Europe has the largest engineering market in the world, and our main goal is to support and strengthen the backbone of the European industry.”
PARTORY counts prominent industry leaders among its clients, including Wanzl, Trumpf, Bobcat, and Dražice, showcasing the trust placed in their innovative solutions.
Editorial Perspective
The rise of PARTORY underscores the vital role that technological innovation plays in the modernization of the European manufacturing landscape. By focusing on both suppliers and buyers, the company not only facilitates smoother transactions but also drives competitive advantage for its clients. This holistic approach aligns perfectly with the growing need for transparency and efficiency in supply chains, particularly in a post-pandemic world where agility is paramount.
Moreover, PARTORY’s commitment to ESG compliance is particularly commendable. As the industrial sector faces increasing scrutiny regarding environmental impact, the company’s initiative to onboard local suppliers and guide them toward sustainable practices is a progressive step that could set a precedent in the industry. With its strategic investment and innovative software solutions, PARTORY is poised to make a significant impact on the European industrial market, contributing to a more sustainable and efficient future.
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