Euler
Patent-pending AI-powered software platform combining advanced computer vision and hybrid ML algorithms to detect and predict powder bed fusion defects in real-time, eliminating manual build monitoring and enabling scalable industrial 3D printing production without additional hardware.
- CEO / Founder
- Dr Eyþór Rúnar Eiríksson
- Team Size
- 1-10
- Stage
- Active
- Total Funding
- €4M
- Latest Round
- Seed
- Key Investors
- Frumtak Ventures (lead investor), Kvanted (co-lead investor), Danish government/EU grants
Technology & Products
Key Products
Euler SaaS platform (cloud-based real-time monitoring); On-premise deployment option; REST API for third-party software integration; Layer-by-layer defect prediction and analysis dashboard
Technological Advantage
Patent-pending technology stack creates 2-3 year moat against reverse engineering; DTU provenance provides credibility in academic/research markets; software-only approach reduces capital requirements and enables rapid deployment vs hardware-dependent competitors; layer-by-layer analysis provides granular defect traceability
Differentiation
Value Proposition
Reduces production yield loss from undetected defects by ~40-60% through predictive defect detection; eliminates labor-intensive manual monitoring (≤€150K/year per operator); integrates in <5 minutes with existing printer camera data; enables 24/7 automated quality control without expensive sensor hardware
How They Differentiate
Vendor-agnostic software-only approach vs hardware-tied competitors; lowest deployment cost (no new hardware); fastest integration time in market (<5 min vs 4-8 weeks for hardware solutions); predictive AI (prevents defects) vs reactive QA (detects after failure); cloud/on-prem flexibility
Market & Competition
Target Customers
Industrial manufacturers using LPBF/SLS 3D printers (aerospace, semiconductors, healthcare, advanced manufacturing); contract manufacturers and metal AM service bureaus
Industry Verticals
Aerospace & Defense; Semiconductors; Healthcare/Medical Devices; Advanced Manufacturing; Industrial Contract Manufacturing
Competitors
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Growth & Milestones
Growth Metrics
5-person team; 4+ paying customers across 3 continents within 18 months of product availability; €2M in grant funding secured (validates government/EU confidence in technology); product launch at Formnext 2025 (world's largest AM conference); board representation from both lead investors (Ásthildur Otharsdóttir / Eerik Paasikivi)
Major Milestones
2022 — Company founded as DTU spinout; 2024 — Secured €2M in non-dilutive grant funding; 2025 (Q3) — Completed invite-only paid pilot program with Alloyed, KMWE, and research partners; 2025 (Q4, November) — Closed €2M seed round co-led by Frumtak and Kvanted; 2025 (November 18-21) — Official product launch at Formnext 2025 (Frankfurt, Hall 11.0 Booth E39)
Notable Customers
Alloyed — UK-based fastest-growing AM startup; KMWE — Dutch precision manufacturing (aerospace, semiconductors, healthtech, industrial); Danish Technological Institute — leading RTO in advanced manufacturing; Korea Institute of Industrial Technology (KITECH) — government research institute