Arkyn receives €4M financing to accelerate growth and expand product suite

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.