ScaleNC gets four million euros from Trumpf

The high-tech start-up has once again gained a German global market leader as an investor. The capital will be used for expansion.
News by Nils Wischmeyer Nils Wischmeyer · Stuttgart, 21. July 2022

The high-tech start-up has once again gained the German global market leader as an investor. The capital will be used for expansion.

The start-up ScaleNC has once again secured funding. The high-tech company Trumpf from Ditzingen is investing four million euros in the young company, which has designed a cloud platform with digital services for sheet metal production. According to the start-up, the platform can be used to program machines, for example. ScaleNC would like to use the capital to expand into the USA and expand its current team of eleven, among other things.

In concrete terms, the start-up's business model works as follows: customers upload drawings, sketches or data to a cloud platform. The start-up then programs the customer's machines and subsequently prepares the production data. Some of the programming is carried out by an algorithm, with an expert then checking the results. By using artificial intelligence, outsourcing work to ScaleNC should be cheaper for customers and a response to the shortage of skilled workers. According to Trumpf, the software can bridge this gap in the short term.

ScaleNC is a wholly owned subsidiary of Trumpf. This is the German mechanical engineering company's second investment in the start-up. Money already flowed into the spin-off. The Group has also been using the company's software itself for over a year. The idea originated from the company's own incubator program "Internehmertum". Tom Schneider, Managing Director for Research and Development at Trumpf, explains the reasons for the new investment as follows: "Many of our customers have difficulties filling vacancies. In addition, ScaleNC creates cost advantages and helps our customers to expand their competitive position."

"Trumpf's renewed investment in ScaleNC will help us to achieve our growth targets. The demand for cloud-based services is growing in the industry and we look forward to making our solutions available to even more customers," says Holger Röder, founder and CEO of ScaleNC.


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