Eleven Dynamics AG, a software developer and full-breed integrator of automated and open production solutions, has secured €3.7M for its Seed extension round.
The round was led by new lead investors EquityPitcher Ventures and seed + speed Ventures, together with other new investors including Zürcher Kantonalbank and angel investor Bertrand Gili, as well as existing investors Bloomhaus Ventures and Schauenburg Ventures.
In addition, the company raised further funding through a loan from the Swiss Technology Fund.
Eleven Dynamics is a Swiss-based company specializing in automation, robotics, and metrology solutions, primarily serving the manufacturing industry. Their flagship offering, the Automation Suite, is an open platform designed to integrate seamlessly with a wide range of robots, sensors, and software, enabling the creation of Smart Factory 4.0 environments.
Hermann Koch, Founding Partner at EquityPitcher Ventures, commented: “Eleven Dynamics enables the best components to work together - each specifically tailored to the customer's requirements. With measurement cycles that are up to 100 times faster, they offer unbeatable added value for the production lines of the future.”
Alexander Kölpin, Co-Founder and Managing Director of seed + speed Ventures, added: “We are impressed by the vision and expertise of the Eleven Dynamics team. Their open platform enables companies to identify deviations in automated production before they become a problem and lead to rejects. This saves both time and resources - an absolutely crucial competitive advantage.”
CEO Santiago Droll added: “I am very excited about our recent investment round, which brings not only capital but also strong industry connections. With Bertrand Gili, a senior international executive with over 20 years of metrology and manufacturing experience, joining our board, we are ready to scale, optimize, and expand. His contribution will be extremely valuable for the coming years!”
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