Copenhagen-based enterprise software company Arkyn has closed a €4 million financing round co-led by Compounding Capital and Trifork Labs. As part of the round, Kasper Grundtvig Knokgaard, owner of Compounding Capital, will join Arkyn’s Board of Directors to help shape the company’s growth strategy.
Arkyn provides a digital platform for service and asset maintenance on SAP, integrating real-time ERP data into maintenance workflows, asset utilisation, and performance metrics. The solution is delivered through a modern frontline app suite fully integrated with SAP, from planning through execution and reporting, to support data-informed decisions, optimise maintenance strategies, improve asset performance, and increase reliability in the field and at the plant.
Founded in 2020 by the partners behind Trifork Smart Enterprise (formerly Invokers), Arkyn builds on years of SAP mobile development experience. Its product suite includes tools for work-order management, asset history, time registration, and digital forms, all backed by the FastCloud middleware for real-time SAP interaction and rapid deployment (typically 2–4 weeks) across on-premise and cloud back ends. Arkyn’s partner-centric model includes collaborations with SAP platform partners, system integrators, and resellers.
The platform serves large enterprises in asset-intensive industries such as manufacturing, utilities, transport, and oil and gas, helping empower frontline workers, improve data quality, reduce administrative burden, and accelerate maintenance workflows.
The new financing will support Arkyn’s international expansion and product development, with a focus on AI-enabled features that further optimise planning and field execution.
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