# DeepForm

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Cambridge, UK
- Website: www.deepform.co.uk/
- Total disclosed funding: $2.4M
- Latest round: Seed (Mar 12, 2024)
- Investors on record: 2

## About

Established in 2022 and based in Cambridge, UK, DeepForm Limited operates as a developer of stamping tools that help car factories use less metal and reduce pollution. In June 2024, DeepForm Limited raised GBP 2 million in seed funding led by Parkwalk Advisors Ltd. and Cambridge Enterprise Limited. As of 2024, the company is led by its CEO, Chris Cleaver.

The company’s core offering is its stamping tool designs, which minimizes trimming scrap during the manufacturing process. This reduction in waste helps manufacturers save on material costs and contributes to lower carbon emissions by using the DeepForm® fold-shear process. In addition, DeepForm provides custom support packages, including feasibility simulations, process design, and licensing, to integrate the technology into clients' supply chains.

The organization plans to use the June 2024 funding to improve its AI-powered document automation technology, expand its personnel, and broaden its market presence.

## Funding rounds

- Seed, Mar 12, 2024, $2.4M — Cambridge Enterprise, Parkwalk Advisors

## Investors

- Cambridge Enterprise — Seed
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed