Fundz

Daedalus, which is building precision-manufacturing factories powered by AI, raises $21M

PRIVATEFeb 08, 2024

Amount Raised

$21 Million

Round Type

Funding Round

Manufacturing

Investors

Y CombinatorAdditionKhosla VenturesNokia Funded Ngp Capital

Description

Daedalus, a startup based in Karlsruhe, raised $21 million in a Series A round of funding led by Nokia-funded NGP Capital, with participation from existing investors Khosla Ventures and Addition. The total funding for Daedalus is now over $40 million, with other notable investors including Y Combinator (YC) after participating in YC’s Winter 2020 program.

Quick answer

Daedalus raised $21 Million in a Funding Round round, dated February 8, 2024. Investors: Y Combinator, Addition, Khosla Ventures and Nokia Funded Ngp Capital.

How much did Daedalus raise?
Daedalus raised $21 Million in a Funding Round round on February 8, 2024.
Who invested in Daedalus?
Y Combinator, Addition, Khosla Ventures and Nokia Funded Ngp Capital are named as investors in this round.
What does Daedalus do?
Daedalus is building the world’s most advanced factories for precision components.
Who are the decision-makers at Daedalus?
Fundz holds 1 contact at Daedalus. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Daedalus that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $11M on February 20, 2024.
  • Dodai raised $4M (Series A) on March 24, 2024.
  • Novabay raised $665K (Seed) on March 24, 2024.
  • Forge Automation raised $135K (Pre-Seed) on March 22, 2024.
  • CemVision raised $10M (Seed) on March 22, 2024.
  • Evrnu®, SPC raised $75K (Seed) on March 22, 2024.

Who to call at Daedalus, and when

A new round usually means Daedalus is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Daedalus

About

Daedalus is building the world’s most advanced factories for precision components. With $40M in funding from Khosla Ventures, Addition, NGP Capital and Y Combinator, and a team from OpenAI, Google, SpaceX and Blue Horizon, we’re building software-defined factories where we’re producing parts for companies in machinery, aerospace, semiconductor, energy and more. If you want to experience reliable, transparent and scalable production of high-precision parts, visit www.daedalus.de. If you want to help us build the factory of the future, head to our career page and apply today! https://www.daedalus.de/karriere

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Daedalus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.