Eleven Dynamics secured CHF 3.5 million in a Seed+ funding round led by EquityPitcher Ventures and seed + speed Ventures to enhance its automated software solutions for production and facilitate global expansion.
Information on the Target
Eleven Dynamics AG is a leading provider of automated software solutions for production, ensuring comprehensive quality assurance that is trusted by companies such as BMW, Audi, and Sauber Motorsport. With its innovative approach, the company offers a seamless monitoring system through its open platform, enhancing the efficiency and effectiveness of manufacturing processes.
Recently, Eleven Dynamics successfully completed a Seed+ investment round, securing CHF 3.5 million. This round was led by newly onboarded investors EquityPitcher Ventures and seed + speed Ventures, alongside contributions from prominent investors including Zürcher Kantonalbank, angel investor Bertrand Gili, and existing stakeholders Bloomhaus Ventures and Schauenburg Ventures. Additionally, the company raised CHF 3 million through a loan from the Swiss Technology Fund.
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Industry Overview in Switzerland
The manufacturing industry in Switzerland is renowned for its high standards and innovation, particularly in automation and technology-driven processes. As companies increasingly adopt
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Disclosed details
Transaction Size: $4M