SHOP4CF offers €600,000 for innovative manufacturing projects

Editor’s note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, SHOP4CF. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us. The way we, humans, […]

e.GO Mobile tech.eu

German electric car manufacturer e.GO Mobile gets €30 million to start production

German electric vehicle manufacturer e.GO Mobile has received over €30 million in Series B funding in a round conducted by nd Industrial Investments, the company’s majority shareholder. The fresh capital will kickstart production of the e.GO Life, a four-seater passenger car, at the company’s facility in Aachen this June. The limited edition vehicle is only […]

Protolabs buys Dutch online manufacturing platform 3D Hubs for up to $330 million in a mix of cash, stock

Protolabs, the US-based provider of a manufacturing service for custom parts, has acquired The Netherlands-based 3D Hubs, an online platform that provides engineers with on-demand access to a network of approximately 240 manufacturing partners around the world. The purchase price is $280 million, which Protolabs is paying with $130 million in cash and $150 million […]

TiHive tech.eu

French startup TiHive wins €8.6 million for quality control system that reduces industrial waste

French startup TiHive, a vision systems provider for industrial IoT, has received €8.6 million from the EIC Accelerator program, a European Innovation Council scheme within the framework of Horizon 2020. An EU representative will join the startup’s board of directors.  Manufacturers use TiHive’s technology for real-time quality checks that ensure product compliance and reduce raw […]

ThingTrax tech.eu

London-based ThingTrax raises $1 million seed for smart manufacturing platform

ThingTrax, a London-based provider of smart technology solutions for the manufacturing industry, has closed a $1 million seed round led by SuperSeed, with support from industrial specialist Sumaria. The funding will go to global customer acquisition as well as expanding the sales and technical teams. The UK startup aims to digitally transform factories into “smart […]