gemineers Secures Million Euro Range Seed Funding to Scale Digital Twin Platform for Metal Cutting Industry

gemineers, a pioneering startup specializing in digital twin solutions for the metal cutting industry, has successfully raised a seed funding in the million euro range. The corporate investment was initiated in 2022 and successfully closed in the first half of this year.

gemineers' digital twin platform revolutionizes the way metal cutting processes are optimized and managed. By combining real-time data, technology know-how and advanced analytics, the platform enables manufacturers to create precise virtual replicas of their manufactured products. These digital twins provide valuable insights into machining operations, optimizing efficiency, reducing waste, and improving overall productivity.

The seed funding will significantly accelerate gemineers' mission to transform the metal cutting industry. With the investment, the company plans to boost its research and development efforts to enhance its digital twin platform, further refine its predictive analytics algorithms, and realize the full scalability potential of the platform.

"We are excited to have secured this significant seed funding, which confirms our vision to revolutionize the metal cutting industry through digital twin technology," says Vincent Gerretz, CEO and Co-founder of gemineers. "With the support of our investor, we are well-positioned to continue developing our solution that empowers manufacturers to reach machining excellence, reduce costs, and achieve unprecedented levels of productivity."

gemineers' digital twin platform has already gained considerable traction among international metal cutting manufacturers, who have witnessed substantial improvements in process efficiency and cost savings. Today, the platform is used by a number of innovative customers throughout industries such as die and mold, aerospace, and semiconductor manufacturing.

‍

In the future, gemineers intends to utilize the seed funding to expand its team of experts, recruit top talents in the fields of data science and manufacturing engineering, and ramp up its marketing and sales efforts to reach an even broader audience.

‍