News Summary

Aletiq, a French startup specializing in product lifecycle management (PLM) software, has raised $6.5 million in a funding round led by Point Nine, with participation from Entropy Industrial and AngelInvest. The company, founded in 2019, focuses on providing a SaaS-based PLM solution for mid-market industrial companies, making it easier for them to manage product data, CAD files, and more. Aletiq’s platform aims to improve internal workflows and offer supply chain traceability. Its intuitive design facilitates quick deployment, allowing users to see a return on investment within just a few months. With clients like Safran and Hutchinson, Aletiq has expanded its user base to 5,000 individuals across 10 countries.