Rototip, an Amsterdam, The Netherlands- and Ankara, Turkey-based digital manufacturing startup, raised €1M in funding.
The round was led by ACT Venture Partners, with participation from Heartfelt Capital and APY Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Galip Okan Ozturk, Rototip is a large manufacturer where a combination of hundreds of manufacturing and post-processing options can be sourced through a single channel. With over 25.000 monthly machining hours available, Rototip enables businesses to source mechanical parts made out of metal or thermoplastics using CNC machining, laser-cutting, injection moulding, die casting, welding, as well as assembly services.
The company serves over 500 customers across 18 countries.
FinSMEs
28/02/2024