Daedalus secures $21M for AI-powered precision-manufacturing development

Daedalus, spearheaded by a former OpenAI engineering member, is on a quest to revolutionize manufacturing with AI-infused factories adept at creating made-to-order precision components.

• Redefining Manufacturing: With an eye on the future, they just secured $21M in Series A funding, led by Nokia's NGP Capital, and the support of companies like Khosla Ventures and Addition, pushing total funds over $40M including the endorsement from Y Combinator.

• Tech-Driven Precision: Unlike traditional 3D printing, Daedalus uses machine learning for high-grade, complex parts. This approach tailors the manufacturing process based on past patterns and data.

• Innovation at Its Core: Leveraging standard hardware alongside proprietary software, Daedalus automates and orchestrates a plethora of steps on the factory floor to transform CAD drawings into precision parts efficiently.

• Founder's Vision: Jonas Schneider’s eureka moment came after an OpenAI project snag, laying the foundation for this venture focusing on shortening lead times for critical precision components.

With its Karlsruhe facility streamlined, Daedalus is eyeing expansion in German-speaking territories and beyond, aiming to set up customer-centric factories worldwide.