Craftcloud

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Dessia raises €3 million to automate engineering processes through AI

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Dessia, Craftcloud, HTGF


Dessia Technologies, a startup specializing in developing a software platform to automate engineering processes through AI, announced a €3 million funding round. Led by Matterwave Ventures, Supernova Invest, and the Orano Venture Fund, this funding will enable Dessia to accelerate its international expansion and reinforce its technical and commercial teams.

As part of this fundraising, Dessia will provide Orano, an international player in nuclear materials, with innovative “generative design” solutions. This will allow engineers to develop and implement AI programs to automate the generation of multiple system architectures, thereby improving engineering study performance.

Among its clients, Renault Group uses the software platform to optimize the thermal and electrical architecture of its automotive platforms, shortening development cycles. OPmobility, meanwhile, leverages Dessia’s technology to automate the design of hydrogen storage systems.

This funding will support Dessia’s international expansion, with the sales and marketing teams expanding to forge new industrial partnerships across Europe, followed by other continents.

Read more at EU Startups

Compare, Book, Print: 3D Printing Marketplace Craftcloud gets Growth Funding

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: All3DP, Craftcloud, HTGF


All3DP GmbH, publisher of the online magazine All3DP.com and operator of the Craftcloud marketplace, has announced the successful completion of a financing round. The round was led by HZG Group, which joins existing investors High-Tech Gründerfonds (HTGF), Bayern Kapital and Deutsche Balaton AG as a new shareholder. The funds will primarily be used to accelerate the international growth of All3DP’s successful marketplace solution Craftcloud.

Craftcloud makes 3D printing as easy as booking a flight. Customers simply upload the digital model of their part and receive real-time quotes. With just a few clicks, the required quantities can be ordered from the desired provider. Approximately 180 international print service providers are connected to the marketplace and have all been validated by Craftcloud. In addition to costs, all providers are listed by name, company location and the processes they offer. This makes Craftcloud the most transparent platform on the market.

Read more at HTGF News