Daedalus' factory produces components for clients using a range of materials, including steel, aluminum, copper, and plastic, as well as more specialized materials like tool steel. The company offers several manufacturing methods, including milling and turning, and provides additional services like coating and sandblasting. After production, an optical coordinate measuring machine is used to ensure quality standards are met. The company currently serves several markets, including the semiconductor, defense, energy, transportation, and medical device segments.
Key takeaways:
- Daedalus GmbH, a German contract manufacturing startup, has secured a $21 million Series A investment led by NGP Capital, with participation from Addition and Khosla Ventures.
- The company operates a 50,000-square-foot factory in Karlsruhe, Germany, where it uses an AI platform to automate much of the manual work involved in manufacturing components.
- Daedalus can make parts from a variety of materials, including steel, aluminum, copper, and plastic, and uses machines suitable for milling and turning. It also offers additional services like coating and sandblasting.
- The funding will be used to finance software development and open a second factory in Germany. Daedalus currently produces parts for companies in several markets, including the semiconductor, defense, energy, transportation, and medical device sectors.