5 years ago
TOffeeAM Secures €1.1 Million to Expand 3D Printing Optimization Software
TOffeeAM, a UK-based startup specializing in 3D printing optimization software, has secured €1.1 million in seed funding led by IQ Capital, with participation from the Royal Academy of Engineering and Imperial College London's Techcelerate program
The funding will be used to expand the company's engineering team, accelerate customer growth, and further develop its software, TOffee
TOffeeAM's technology has already been adopted by companies like GE Aviation, Baker Hughes, and a Formula 1 team, demonstrating its potential to revolutionize 3D printing across various industries.
ProblemTechnology
"3D printing is slow and inefficient, especially for complex parts like those used in aerospace and automotive industries. Current design methods rely on limited human intuition, leading to suboptimal designs and long production times."
Solution
"TOffeeAM's software, TOffee, uses advanced algorithms to optimize 3D printed designs, making them stronger, lighter, and faster to produce. It can also optimize entire systems, reducing the number of components and improving overall resilience."