Cevotec
Latest round
- Seed
Last raised
- Apr 2016
Total raised
- $1.9M
Investors
- 2
About Cevotec
Cevotec GmbH, founded in 2015 in Germany, focuses on automation systems for composite materials production.Cevotec specializes in advanced automation systems for the production of complex composite materials, particularly through its SAMBA Production System. This system utilizes Fiber Patch Placement (FPP) technology to efficiently lay fibers, such as carbon and glass, into intricate shapes for applications in industries like aerospace and hydrogen tank manufacturing. The fully automated SAMBA systems employ ARTIST STUDIO software, allowing for tailored production processes according to specific customer needs.Cevotec's revenue model is primarily B2B, providing customized automation solutions for composite manufacturing. Revenue is generated through direct sales of the SAMBA Production System and related services, including software updates and maintenance contracts to ensure system performance. The pricing structure reflects the complexity of the systems, and clients often negotiate specific configurations and additional services. The company is in the process of designing new advanced automation products targeted for launch in 2023, aiming to address evolving industry demands. Additionally, Cevotec is looking to enter markets in Asia and North America by 2024, broadening its global footprint.
Who invested in Cevotec
2 investors across 1 round
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Funding rounds
Seed
Apr 4, 2016
Amount
$1.9M
Investors
Questions about Cevotec
Who invested in Cevotec?
Cevotec has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cevotec raised?
Cevotec has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cevotec last raise money?
Cevotec's most recent round on record is a Seed, in Apr 2016.
What does Cevotec do?
Cevotec GmbH, founded in 2015 in Germany, focuses on automation systems for composite materials production.
Where is Cevotec headquartered?
Cevotec is headquartered in Germany.
Which VCs invest in companies like Cevotec?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Cevotec's stage. Their profiles are linked below.
VCs backing software startups at Seed
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