# TOffeeAM

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

- Industry: Software
- Headquarters: London, UK
- Website: www.toffeeam.co.uk
- Total disclosed funding: $7.1M
- Latest round: Series A (Aug 8, 2022)
- Investors on record: 9

## About

TOffeeAM Ltd. is a UK-based company specializing in cloud-native generative design software, aimed at optimizing manufacturing processes through advanced algorithms and physics, helping industries enhance production efficiency.Founded in 2019 and headquartered in London, UK, TOffeeAM Ltd. focuses on generative design software. The company has completed 2 deals, with its most recent deal occurring on August 8, 2022, when it raised GBP 5 million in Series A funding. The funding round was co-led by East Innovate and Presidio Ventures, with participation from returning investors Excellis, Exor Seeds, and Type 1 Ventures, as well as IQ Capital Partners and individual investors. The founder, Francesco Montomoli, has previously been involved in other ventures, although specific details are not provided.TOffeeAM Ltd. offers ToffeeX, a cloud-native generative design software that optimizes component designs for various manufacturing processes. The software allows users to define design goals and produces high-performance designs rapidly, accommodating manufacturing methods such as stamping, milling, and 3D printing. Its primary clients are in industries that require high-performance cooling components, including aerospace, automotive, and electronics, providing tailored design solutions for enhanced production capabilities.The company operates on a subscription-based revenue model, allowing clients to choose from several pricing tiers that cater to different needs. Revenue is primarily generated through direct partnerships with businesses utilizing the software for product design and manufacturing, targeting both small enterprises and larger organizations to meet their design requirements.In August 2022, TOffeeAM Ltd. secured GBP 5 million in Series A funding to support its expansion into the US and East Asian markets. The company plans to develop new products that capitalize on its generative design capabilities while utilizing the recent funding to scale operations effectively in these regions.

## Funding rounds

- Series A, Aug 8, 2022, $6M — IQ Capital, Presidio Ventures, Exor Seeds, Type One Ventures, East Innovate, Excellis
- Seed, Jul 9, 2020, $1.1M — IQ Capital, Entrepreneur First, Imperial College London, Royal Academy of Engineering

## Investors

- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Seed, Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Imperial College London — Seed
- Royal Academy of Engineering — Seed
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series A
- Exor Seeds — Series A
- Type One Ventures (https://capitalatlas.ai/funds/type-one-ventures) — Series A
- East Innovate — Series A
- Excellis (https://capitalatlas.ai/funds/excellis) — Series A