[Funding alert] Darmstadt-based Threedy Raises €9.6 Million in Series A Round Funding

Wednesday 21, 2024 | By Startup Rise EU

Darmstadt-based Threedy raises €9.6 million in series A round funding. The new investors TRUMPF VENTURE, Futury Capital, EquityPitcher Ventures, and LBBW Venture Capital supported this round. By taking part in the Series A investment, previous investors Matterwave Ventures, Fraunhofer, and High-Tech Gründerfonds (HTGF) reaffirmed their dedication.

Darmstadt-based Threedy raises €9.6 million in series A round funding. The new investors TRUMPF VENTURE, Futury Capital, EquityPitcher Ventures, and LBBW Venture Capital supported this round. By taking part in the Series A investment, previous investors Matterwave Ventures, Fraunhofer, and High-Tech Gründerfonds (HTGF) reaffirmed their dedication.

Threedy effectively transitioned from a Fraunhofer department to an independent business during the course of the first three years. Threedy has grown significantly since its founding in late 2020, nearly tripling its workforce to assemble a team of over 50 highly qualified individuals from across the globe.

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In addition to preserving its solid clientele, the business has grown significantly, particularly in the manufacturing and automotive industries.

Many leading companies in the business, including the best German automakers, respect Threedy's state-of-the-art technology. In addition, Threedy has been effective in growing its network of alliances, going beyond its original emphasis areas of German markets and automobiles.

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Threedy intends to persist in its dedication towards the commercialization of its pioneering spatial computing infrastructure, expediting its acceptance throughout various sectors and use cases. Threedy will be able to further propel the expansion of its product line thanks to the financing.

In addition to continuing to be committed to quality and innovation, Threedy intends to expand internationally and leave a lasting impression on its partners' digital transformation. Threedy is currently actively seeking new members to join its team in a variety of roles—people who are driven to influence the direction of the industrial digital twin market.

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Patrick Herlinger, Investment Manager at LBBW Venture Capital, said: “Threedy caught our immediate interest with their cutting-edge technology and enormous growth potential. Their advanced spatial computing platform matches our investment strategy to support groundbreaking digital innovations that transform the backbone of key industries in the DACH area such as manufacturing or automotive. Threedy’ s instant3Dhub empowers companies to effortlessly access their most valuable assets – 3D Data – in real-time, on any device, at any given moment. We are excited to lead this investment and support Threedy’ s great team on their future journey.”

Jens Ortgiese, Principal at TRUMPF VENTURE, commented: “Threedy has successfully built a strong customer network of leading automotive and manufacturing companies for its revolutionary spatial computing technology, demonstrating the potential to become a market leader. As one of Threedy’ s most esteemed customers, TRUMPF builds on instant3Dhub to support Field Service workers with 3D visualization. We are more than excited to support Threedy’ s next growth step with our investment.”

Benjamin Krahmer, Managing Director at Futury Capital, added: “We are excited about the opportunity to support the Hessian deep tech company Threedy in a strong investor consortium to drive the digitalization of manufacturing enterprises globally.”

Sascha Horrig, Founding Partner at EquityPitcher Ventures, said: “Innovative organizations from the DACH region always catch our immediate interest. With its revolutionary spatial computing approach, Threedy aligns perfectly with our investment thesis. We firmly believe in the immense potential of the company and are eager to support their journey.”

Existing investors Robert Gallenberger, Founding Partner at Matterwave Ventures, and Gregor Haidl, Principal at High-Tech Gründerfonds, as well as Markus Weitzel, Investment Manager at Fraunhofer Venture, stated: “We remain committed to supporting Threedy. Over the last three years since its foundation, Threedy showed a remarkable success story, transitioning from a startup and Fraunhofer spin-off to an established company. With already more than 50 employees, a growing customer base, valuable partnerships, and increasing application scenarios, we are excited to contribute to Threedy’ s next growth step.”

About Threedy

With the help of Threedy's distinctive infrastructure component, businesses can now satisfy the ever-increasing need for highly available 3D data in interactive and responsive apps. Industrial 3D data can be seamlessly integrated with other business information and referred to directly, for example, from an existing PLM system, without the need for prior preparation.

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