Before founding Daedalus, CEO Jonas Schneider was a technical lead at OpenAI, where he helped establish the company's robotics division. His experience with the difficulties of obtaining precision-manufactured spare parts for a project at OpenAI led him to explore the manufacturing space. Currently, Daedalus operates a single factory in Karlsruhe, primarily serving German-speaking markets. The company plans to open a second factory in Germany and expand further if demand allows.
Key takeaways:
- Daedalus, a startup founded by a former OpenAI engineer, is aiming to revolutionize manufacturing with AI-powered factories for creating bespoke precision parts.
- The company has raised $21 million in a Series A funding round led by Nokia-funded NGP Capital, taking its total funding past the $40 million mark.
- Daedalus uses software to automate many of the manual tasks involved in producing a particular part, using data from previous manufacturing decisions to guide the creation of similar parts in the future.
- The startup currently operates a single factory in Karlsruhe, Germany, and plans to expand to a second factory in Germany and potentially further afield if demand is sufficient.