Exclusive: Laserhub raises Series B funding
The procurement platform for metal parts was able to bring an international lead investor on board for the first time with Evli Growth Partners.
The start-up Laserhub has successfully completed its Series B financing round, as the company announced today. The lead investor is Evli Growth Partners from Finland. Two other international funds, Fuse Venture Partners from the UK and FJ Labs from the USA, joined as co-investors. Schenker Ventures is also investing in the company. The existing investors Project A, Point Nine and Acton
Capital also participated in the round. It is not known how much capital the start-up has raised.
Adrian Raidt, Christoph Rößner and Jonas Schweizer founded the Stuttgart-based start-up in 2017. The founders have built a platform for the procurement of customized sheet metal and turned parts. Customers can use an algorithm to find the right partners from the Laserhub network for their orders.
The company intends to use the new capital to improve its technology and adapt it more closely to the needs of medium-sized industrial companies. In addition, new processing methods such as welding are to be offered. In future, companies will not only be able to purchase individual parts, but also assemblies. Laserhub aims to exceed an annual turnover of 100 million euros by 2023. In addition to Germany, the company is currently also active in France, Austria, Belgium and Luxembourg. Laserhub plans to expand into other European markets in the coming months.
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