Euler closes €2M to scale AI-powered software for 3D printing
Icelandic software startup Euler has secured €2 million in seed funding to scale its AI-powered software for 3D printing. The investment, co-led by Frumtak Ventures and Kvanted, will enable Euler to accelerate platform rollout and product development. This funding reflects growing interest in leveraging AI to optimize and enhance the rapidly expanding 3D printing industry. Euler's platform offers automated, real-time monitoring to detect potential defects in 3D-printed parts before they occur. The system, a spinout of the Technical University of Denmark, uses AI algorithms and built-in camera data to analyze laser powder bed fusion (LPBF) and selective laser sintering (SLS) processes. The technology integrates with leading 3D printers and has demonstrated significant improvements in efficiency, including a 77% reduction in time spent on failed builds. Manufacturers in sectors such as aerospace, defense, and healthcare are expected to benefit significantly from Euler's technology. By improving quality assurance and reducing waste, the software helps manufacturers save resources and produce more reliable parts at scale. The company's customer base already includes major players such as Alloyed and KMWE. Euler's announcement comes ahead of its product launch at Formnext in Frankfurt, Germany, where it will also announce partnerships with Autodesk and Scanlab. The company has also begun protecting its core technology by initiating trademark registrations and filing patent applications.
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