Swiss-based Eleven Dynamics AG, a leading developer of automated metrology solutions, has secured €3.7 million in a Seed+ funding round. The round was led by EquityPitcher Ventures and seed + speed Ventures, with additional backing from Zürcher Kantonalbank and angel investor Bertrand Gili. Existing investors Bloomhaus Ventures and Schauenburg Ventures also participated.
Alongside the investment, the company obtained a €3.1 million loan from the Swiss Technology Fund, further solidifying its financial base for expansion.
Eleven Dynamics specializes in automating industrial metrology, enabling 100% production monitoring for manufacturers like BMW, Audi, and Sauber Motorsport. Their open software platform seamlessly integrates with existing measurement devices, optimizing production workflows and reducing measurement cycles by up to 100 times.
According to Hermann Koch, Founding Partner at EquityPitcher Ventures, "Eleven Dynamics enables the best components to work together - each specifically tailored to the customer's requirements."
Alexander Kölpin, Co-Founder and Managing Director of seed + speed Ventures, added, "Their open platform enables companies to identify deviations in automated production before they become a problem and lead to rejects."
With this fresh capital, Eleven Dynamics aims to scale its automation solutions from individual measurement cells to entire production lines. The funds will drive:
CEO Santiago Droll highlighted the significance of the funding, stating, "I am very excited about our recent investment round, which brings not only capital but also strong industry connections. With Bertrand Gili joining our board, we are ready to scale, optimize, and expand."
As part of its growth strategy, Eleven Dynamics has appointed Bertrand Gili and Hermann Koch to its Board of Directors. Both bring deep expertise in technology investments and industrial automation.
They join existing board members Michael Fischer, Santiago Droll, and Pascal Stürchler from Bloomhaus Ventures, who will guide the company through its next phase of expansion.
Founded in 2019, Eleven Dynamics AG has offices in Switzerland, Spain, and Germany, focusing on automating inline metrology and Smart Factory 4.0 innovations. Their solutions provide real-time insights, minimizing production downtime and ensuring high-quality manufacturing.
