TableAir UAB, Midform Holding ApS and Practica Capital, today announced it signed an investment agreement. The Midform Holding ApS group consist of multiple companies, all focusing in a workplace industry. The group is present with furniture solutions all over the world. Bringing TableAir to the group will accelerate the digitalization of workspace experience that are offered to both Midform Holding ApS and TableAir UAB clients.

“We are excited TableAir received an investment from Midform Holding ApS, I trust TableAir technological acumen will enrich products The Midform Holding ApS group is already producing. We see the strategic partnership as an important milestone that will empower us to adapt quicker to the market needs and build on many years of the group experience.” said Lukas Lukoševičius, TableAir’s co-founder and CEO.

“I’m thrilled that TableAir, and its electronics engineering and software development team is joining Midform Group. The new addition will allow us to move more agile in an era of workspace digitalization.” said Claus Hanson, CEO of Midform Holding ApS.

“TableAir has developed a sophisticated and novel technology around productivity and wellness at workplace and with Midform Group gains fast-track access to the global client base. We see a good alignment on the vision with the new partner and are looking forward to the new stage in the company’s development“ Arvydas Bložė, Investment manager at Practica Capital.

TableAir since its launch in 2015 has already raised over EUR 0.7M investments from venture capital firm Practica Capital and angel investors. With the following partnership the TableAir team and product is securing a stronghold in PropTech and smart sit-standing desk fields.