Trumpf invests a further 3.2 million euros in the start-up Optimate. Optimate offers a software solution to optimize the design of sheet metal parts and save costs.
With the investment sum, the start-up wants to further expand its activities in the market for sheet metal processing. “Optimate inspires our customers and also our designers. We also see the growing need for digital assistance systems and cloud-based services in the industry. With the further investment in Optimate, we are accelerating this change,” says Tom Schneider, Managing Director of Trumpf Werkzeugmaschinen SE + Co. KG.
Optimize design, reduce manufacturing costs
The online platform Optimate offers an AI-based software solution that enables sheet metal workers and designers to improve parts, avoid defects and thus reduce manufacturing costs. The wholly owned Trumpf subsidiary uses a self-developed algorithm and machine learning for this purpose. The start-up’s software shows customers, for example, where they can save on materials. It corrects errors in the design at the push of a button. Users can then download the improved CAD file of the component and use it immediately.
Optimate is currently working on a further expansion stage of its software: In the future, it will also uncover optimization potential for more complex components and save cost-driving manufacturing steps.
Incubator program paved the way for Optimate
The start-up Optimate was spun off from Trumpf in the summer of 2020. The founders were originally employed by Trumpf and were able to successfully develop their idea into a business model as part of the internal incubator program “Internehmertum”. “Entrepreneurship was the ideal environment to further develop and validate our idea. After the spin-off, we were able to hit the ground running,” says Jonas Steiling, founder of Optimate. The start-up now employs seven people and wants to continue growing.