Infraspeak to raise up to €12m in Series A funding to accelerate European expansion

Portugal

8 min read

Jul 31, 2019

By Gareth Gardiner Jones

CEO and co-founder Felipe Ávila da Costa ©Infraspeak

CEO Felipe Ávila da Costa discusses his rapidly growing facilities management platform that's helping airports, malls and hospitals run smoothly from Brazil to Mozambique

From malls to airports, resorts to hospitals, the number of large public facilities is fast rising worldwide. Such infrastructure, with ever more assets to manage and maintain, are becoming more complex for maintenance and facilities managers to oversee. The largest facilities, especially malls and airports, each have hundreds of thousands of pieces of equipment, many of which, if they malfunction, can cause severe disruption to customers.
No surprise then that the global facilities management outsourcing market is forecast to reach nearly $1tn by 2025, compared with $780.04bn in 2016.
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Edited by Celine Lim

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