Tech Company Financing Transactions
Daedalus Funding Round
Daedalus closed a $21 million Series A financing round on 2/8/2024. Investors included NGP Capital, Addition and Khosla Ventures.
Transaction Overview
Company Name
Announced On
2/8/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Investors
Proceeds Purpose
The investment will be used to further develop Daedalus' Manufacturing AI platform alongside scaling the company's production facilities in Germany.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Siemensallee 84
Karlsruhe, 76187
Germany
Karlsruhe, 76187
Germany
Phone
Website
Email Address
Overview
To build the world's most efficient and reliable precision parts factories. Precision parts manufacturing is a complex and experience-based process, making it a bottleneck for almost all companies with physical products. By developing software and AI-driven factories, we unblock our customers' supply chains.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonas Schneider
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