Euler has successfully closed a €2 million seed funding round co-led by Frumtak Ventures and Kvanted to advance its AI-powered 3D printing software.
Target Information
Euler is an Icelandic software startup that specializes in enhancing fault detection processes within 3D printing through the use of advanced artificial intelligence (AI). Established as a spinout from the Technical University of Denmark, the company is making significant strides in transforming the additive manufacturing landscape. Euler recently announced a €2 million seed funding round co-led by Frumtak Ventures and Kvanted, aimed at accelerating the development of its innovative software platform.
With a robust team and an established product nearing launch, Euler is poised to address longstanding challenges in the 3D printing sector, including ensuring the quality and reliability of components across various industries. The company’s official product unveiling is scheduled for Formnext in Frankfurt, Germany, which is the premier global trade show for additive manufacturing.
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Industry Overview in Iceland
The 3D printing industry, now valued at over $20 billion globally, is witnessing growing adoption, particularly in a Scandinavian context where technological innovation is highly emphasized. In Iceland a
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Frumtak Ventures and Kvanted
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in 2025
in a Seed Stage deal
Disclosed details
Transaction Size: $2M