French SaaS startup Aletiq has raised €6 million ($6.5M) in funding, led by Point Nine, to expand its AI-driven product lifecycle management (PLM) platform for manufacturing and industrial sectors.
The round also saw participation from Entropy Industrial, AngelInvest, and notable angel investors.
Modernizing Product Lifecycle Management for SMEs
Aletiq targets small and mid-sized industrial companies in aerospace, automotive, electronics, and medical manufacturing, which have traditionally lacked accessible, cloud-based PLM solutions. The platform:
- Streamlines design and production workflows, reducing inefficiencies.
- Integrates seamlessly with CAD and ERP software, acting as a single source of truth for product data.
- Enables real-time collaboration between manufacturers, suppliers, and partners.
CEO Geoffrey Ricard highlighted the company’s competitive edge:
“Unlike legacy PLM systems, which are complex and slow to deploy, Aletiq offers a cloud-native, user-friendly solution that companies can implement in months—not years.”
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Strong Market Traction & Expansion Plans
- 5,000+ professionals across 10 countries already use Aletiq.
- Customers include Safran, Hutchinson, and Lisi Group.
- Plans to scale operations across Europe and North America.
Bridging the Gap Between Industry Giants & SMEs
The PLM market is dominated by Autodesk, Dassault Systèmes, Siemens, and PTC, which focus on enterprise clients. Aletiq differentiates itself by offering:
- A subscription-based SaaS model, making PLM affordable for SMEs.
- Rapid deployment with AI-powered automation to simplify product management.
- Supply chain traceability tools, helping companies meet regulatory and compliance requirements.
With $6.5M in new funding, Aletiq is positioned to disrupt traditional PLM systems, making product design, development, and collaboration more accessible for industrial businesses worldwide.
