Oqton
Subsidiary of 3D Systems
An AI-driven manufacturing operating system that automates and optimizes production workflows.
- CEO / Founder
- Ben Schrauwen (General Manager of Oqton, a 3D Systems company)
- Team Size
- 51-200
- Stage
- Acquired
- Total Funding
- $40M
- Latest Round
- Acquired
- Key Investors
- Fortino Capital; PMV; Sandvik; Carl Bass; Dries Buytaert; Peter Mercelis; 3D Systems
Technology & Products
Key Products
Oqton Manufacturing OS (a cloud-based, AI-powered platform that links data across the manufacturing ecosystem, from design to production to logistics, to automate and optimize production workflows).
Technological Advantage
Real-time monitoring and closed-loop feedback using AI and machine learning to optimize production workflows and reduce material waste.
Differentiation
Value Proposition
Provides end-to-end, AI-powered automation that boosts production efficiency and reduces costs (up to 30% savings) by integrating multiple manufacturing software capabilities on a cloud-based platform
How They Differentiate
Focus on AI-powered automation and integration of multiple manufacturing software capabilities into one unified, cloud-based platform, streamlining additive manufacturing workflows and boosting production efficiency.
Market & Competition
Target Customers
Industrial manufacturers in sectors such as aerospace, energy, healthcare, dental, jewelry, and traditional manufacturing
Industry Verticals
Aerospace, Energy, Healthcare, Dental, Jewelry, CNC Manufacturing
Competitors
Materialise; 3D Systems; Siemens Digital Industries Software
Growth & Milestones
Growth Metrics
Reported 30% overall cost reduction in certain verticals through automation
Major Milestones
Raised over $40M in Series A funding, Appointment of Ben Schrauwen as CEO with Samir Hanna transitioning to Executive Chairman, Successful integrations and partnerships with industry leaders such as Baker Hughes and EOS
Notable Customers
Department of Defense (DoD) and other global marquee customers.
Recent coverage of Oqton
Funding rounds
- Acquisition$180M2021-09Source: 3D Systems Press Release - September 2021
- Series A$40M2021-01Source: Oqton Official Blog - January 2021
- Seed$4M2018-01Source: 3Dnatives - September 2021