Rototip, an Amsterdam-based digital manufacturing startup, has announced a €1M initial investment round led by ACT Venture Partners, with participation from Heartfelt Capital and APY Ventures. This funding will accelerate Rototip’s integration of advanced AI-powered automation and processes, aiming to boost the startup’s commercial growth as it expands into the European and American manufacturing sectors.
Rototip operates as a manufacturing hub, connecting businesses with factories and digitizing supply chain operations. The platform employs intelligent machinery allocation systems and computer vision applications for automated quality control, offering businesses the ability to source mechanical parts made from metal or thermoplastics. Manufacturing techniques include CNC machining, laser cutting, injection molding, die casting, welding, and assembly services.
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Unique Centralized Quality Control Process
A standout feature of Rototip is its centralized quality control process, ensuring quality standards while manufacturing is decentralized and carried out at partner factories. This approach has led to serving over 500 customers across 18 countries, achieving a 6% month-over-month growth over the past 24 months.
Strategic Investor Support
Each investor brings unique strengths to Rototip. ACT Venture Partners provides expertise in fostering successful tech ventures, while Heartfelt Capital, supported by Porsche and APY Ventures, investing through a fund tied to a Turkish industrial zone housing over 6,200 businesses in metal, plastic supply, and manufacturing, offers insights and resources to enhance Rototip’s trajectory in the digital manufacturing landscape.
Gokhan Guner, Managing Partner at ACT Venture Partners, highlighted the global manufacturing industry’s challenges, emphasizing the importance of technological innovation and the digitalization of manufacturing processes. With a market size exceeding $25B, Rototip is positioned to play a pivotal role in this dynamic landscape.
A Vision for the Future of Manufacturing
Galip Okan Ozturk, CEO of Rototip, sees a significant opportunity in the manufacturing market as off-shoring becomes less viable and local manufacturing networks are scarce. “We have a strong foundation. Our customers exhibit remarkable loyalty, we attract top-tier talent, and our investment round has generated overwhelming interest,” Ozturk stated, emphasizing the shift towards prioritizing reliability in delivery schedules and consistency in quality.
With this investment, the startup is poised to further develop and scale its innovative solutions, transforming the digital manufacturing landscape and meeting the growing demand for efficient, high-quality production.
