Logik.io Pulled in $16M, Orbex Launched, and More Chicago Tech … – Built In Chicago

The business-to-business tech scene in the Windy City saw several new moves last week. One company raised fresh capital for its product search tool while another launched its marketplace for recycled materials. Catch up on the latest with the Built In Chicago Weekly Refresh.

Logik.io raised $16M. Logik.io works to help B2B customers find the products they’re looking for with its guided product discovery, configuration and recommendation engine solution. Emergence Capital led Logik.io’s $16 million Series A round. The company said its goal is to eliminate high-touch sales and help buyers connect with solutions faster. [Logik.io]

Chicago Tech Quote of the Week

“Orbex is driving much-needed change by finally bringing globally-recognized standardization to an enormous market which until now has sat untapped and unimpeded. We are proud … to be promoting sustainable practices in sectors which are traditionally hard to abate, while offering the unique opportunity to capitalize on…

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source: https://news.oneseocompany.com/2023/05/30/logikio-pulled-in-16m-orbex-launched-and-more-chicago-tech-built-in-chicago_2023053045454.html

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