Solothurn, Switzerland-based Eleven Dynamics, a provider of automated production solutions, announced on Wednesday that it has secured CHF 3.5M (approximately €3.71M) in a seed+ funding round.
The funding round was led by EquityPitcher Ventures and seed + speed Ventures.
EquityPitcher is an early-growth venture capital firm that supports promising startups from the DACH region.
seed + speed Ventures is a Berlin-based early-stage fund that focuses primarily on B2B and enterprise software start-ups from the DACH region that are in the seed phase.
New investors — Zürcher Kantonalbank, angel investor Bertrand Gili, as well as existing investors Bloomhaus Ventures and Schauenburg Ventures, participated in the round.
Additionally, the company received a CHF 3M loan from the Swiss Technology Fund.
Besides funding, the company also announced the appointment of Bertrand Gili and Hermann Koch from Equity Pitcher for its Board of Directors.
They will join existing Board members Michael Fischer, Santiago Droll, and Pascal Stürchler from Bloomhaus Ventures to support the company in its next phase of growth and expansion.
Santiago Droll, CEO of Eleven Dynamics AG says, “With Bertrand Gili, a senior international executive with over 20 years of metrology and manufacturing experience, joining our board, we are ready to scale, optimise, and expand. His contribution will be extremely valuable for the coming years!”
Fund utilisation
The investment will help the company expand from individual measuring cells to complete production lines and plants, particularly in the APAC market and industries like aerospace.
The software platform will be improved to help customers easily add new technologies, including robotics, sensors, AI cameras, and automated guided vehicles, to their production processes.
Eleven Dynamics also plans to incorporate AI across its platforms and grow its sales team.
Smart automation solutions for manufacturing
Founded by Michael Fischer, Eleven Dynamics specialises in smart automation solutions for manufacturing, particularly in quality inspection and robotics.
Talking to Silicon Canals about the company, Michael Fischer says, “Our software seamlessly integrates 3D measurement technology with industrial automation, allowing companies to enhance precision, efficiency, and speed in their production processes. In simple terms: We help factories become smarter by making their quality control faster, more accurate, and fully automated.”
Navigating Smart Factory 4.0 transition
Eleven Dynamics offers an open software platform that helps companies transition to Smart Factory 4.0, where production steps are optimised and quality assurance is fully automated.
These improvements align with the global Smart Factory 4.0 movement, where companies are shifting to fully automated and optimised production processes.
Talking about navigating the competitive landscape in the Smart Factory 4.0 space Fischer says, “We differentiate ourselves by focusing on seamless integration, open connectivity, and AI-driven automation. Unlike many competitors with rigid, closed systems, our platform is designed to be flexible and compatible with various hardware and software ecosystems. By continuously innovating and working closely with industry leaders, we ensure our solutions remain cutting-edge and adaptable to the evolving demands of smart manufacturing.”
Industry-agnostic solutions for predictive maintenance
Eleven Dynamics’ platform also includes predictive maintenance features, which help minimise downtime in manufacturing operations.
The solution is an industry-agnostic solution and can be used beyond automotive and aerospace, confirms Fischer.
“Our AI-driven analytics and automation tools can be applied in industries like heavy machinery, energy, electronics, and even healthcare manufacturing. Any sector that relies on precision, automation, and uptime can benefit from our technology,” adds Fischer.
The company’s flagship software, Automation Suite, integrates existing metrology software with top-tier measurement devices and sensors.
It enables users to plan, automate, and streamline measurement workflows, adapting effortlessly to the hardware and robot configurations chosen by customers
Risk management strategies for global expansion
To ensure smooth expansion in APAC markets, Eleven Dynamics takes a structured approach to risk management, focusing on three key areas:
- Regulatory Compliance: Collaborate with local experts to ensure their solutions comply with industry-specific regulations.
- Scalability and Localisation: Software is designed to adapt to various manufacturing environments.
- Cybersecurity and Data Protection: Compliance with regional data protection laws is a top priority for them.
Metrics for measuring growth and success
According to Fischer, the Swiss company uses several key financial and operational metrics to evaluate the effectiveness of its growth initiatives and investment returns.
- Revenue Growth & Recurring Revenue – To measure the sustainability of the business.
- Customer Acquisition & Retention Rates – To assess market penetration and product value.
- Return on Investment (ROI) on R&D & Automation Projects – To ensure innovations translate into tangible business value.
- Operational Efficiency Metrics – To optimize costs and improve delivery times.
“By focusing on these indicators, we ensure smart, data-driven decision-making for long-term success,” he adds.
Partnerships with major manufacturers
Eleven Dynamics has plans to partner with major manufacturers and tech companies as an important part of our growth strategy.
“We actively collaborate with leading manufacturers, robotics providers, and AI technology companies to enhance our solutions and expand our reach. By working together with industry leaders, we create more value for our customers and stay ahead of the technological curve,” he concludes.