It seems like minutes ago that VC firm HZG Group officially announced its goal to support AM companies of the DACH region through its HZG Additive Manufacturing Tech Fund. We learned that one of the first companies that will benefit from these financial resources as well as the entrepreneurial and technical expertise of HZG Group founders in the AM is software provider trinckle.
With an investment round of €3 million in series A, trinckle will further expand its technological lead, strengthen the team in a targeted manner and roll out the software solution on a broad scale on the market.
The company develops a software solution that enables to achieve a simple automation of design processes. Even users without CAD know-how can configure product designs via trinckle’s cloud platform, while experienced designers can achieve significant leaps in efficiency in their work routines.
Kerstin Herzog, Managing Director of the HZG Group, says: „By significantly reducing the entry barriers to design creation and allowing recurring design tasks to be fully automated on demand, trinckle can give the whole additive manufacturing technology a decisive boost.“
Typical areas of application are medical products tailored to patients such as orthoses, prostheses or dental applications, components in robotics and automation, components in the automotive industry, individualised lifestyle products or aids in industrial manufacturing such as jigs, stencils and gauges. Customers will find a wide range of customisable templates at trinckle for the fast and efficient transfer of their design processes into a digital environment.
Many additive manufacturing business models are becoming economically viable for the first time due to the drastic cost reduction in the design process. Especially in terms of production aids, fixtures and tools, there is enormous potential for companies to make savings.
Florian Reichle, co-founder and managing director of trinckle, says: “We are very pleased about the proof of trust in the face of the recession. Especially now, many companies are dependent on saving costs. In addition to significant savings potential, our range of solutions offers the opportunity to simplify production processes and roll them out globally. This enables completely new digital processes and business models in the sense of Industry 4.0, which are prepared for the future.“
Today, trinckle’s solutions are already in use at over 30 manufacturing companies worldwide. These include major industry players such as Ford, Volkswagen, Audi Sport, Airbus Helicopters, Phoenix Contact, Schmalz and Deutsche Bahn.
Marlene Vogel, co-founder and technical managing director of trinckle, comments on the deal: “The recent financing round is the next milestone in the development of our company. We are thrilled to have HZG Group on board, the VC investor who is both entrepreneurially experienced and technically highly versed in 3D printing. This is exactly the right combination at the right time to now take the company to the next level and scale it up.”
Over the next few months, the Berlin-based company plans to hire several new talents and scale sales up through partnerships with industry leaders.
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