# CNCTeile24

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cncteile24

- Industry: Industrial Machinery
- Headquarters: Berlin, Germany
- Website: www.cnc24.com
- Total disclosed funding: $8.4M
- Latest round: Series A (Jul 8, 2022)
- Investors on record: 4

## About

Founded in 2019 by its CEO, Willi Ruopp, and CPO, Marlon Gerat, and based in Berlin, Germany, CNCTeile24 GmbH operates as a manufacturing service platform that procures the process of individual parts of plastic and metal and also forms a digital platform for transparency for both buyers and producers. In July 2022, CNCTeile24 GmbH raised EUR 8.25 million in Series A funding from lead investor Future Industry Ventures with participation from investors Coparion and EquityPitcher along with returning investor Seedcamp. As of 2023, the company has a client base of more than 1000 companies and more than 500 suppliers in 21 countries.

The company offers various engineering services that include Turning, CNC Milling, Sheet metal work, Laser cutting, Bending, and edging, Injection molding, Die casting, 3D printing, and many more. The company also provides various machines used for industrial purposes and are supplied in Germany, Europe, and Asia. The company also provides an artificial intelligence supplier matching algorithm that allows consumers to find suppliers, and services like order tracking, digitized production chain, and many more.


The company plans to use the July 2022 funding for its global expansion.

## Funding rounds

- Series A, Jul 8, 2022, $8.4M — Seedcamp, Coparion, EquityPitcher Ventures, Future Industry Ventures

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Series A
- Coparion (https://capitalatlas.ai/funds/coparion) — Series A
- EquityPitcher Ventures (https://capitalatlas.ai/funds/equitypitcher-ventures) — Series A
- Future Industry Ventures (https://capitalatlas.ai/funds/future-industry-ventures) — Series A