Reuters · Feb 2024
Reuters reported that Daedalus raised $21 million led by NGP Capital, with participation from Addition and Khosla Ventures, and that Jonas Schneider founded the company in 2019.
Company research
Public company, workplace, funding, and market signals
Overview
Daedalus is a Karlsruhe-based AI-driven precision manufacturing company that turns CAD files into finished CNC parts through software-orchestrated, autonomous factory operations. It serves B2B customers in defense, semiconductors, medical technology, energy, e-mobility, and related advanced manufacturing sectors.
Primary product
AI-driven CNC precision parts manufacturing (software-defined manufacturing / contract manufacturing services)
Founded
2020
Headquarters
Karlsruhe, Baden-Württemberg, Germany
Team size
50-60
Industry
Manufacturing
Sub-industry
AI-driven precision CNC manufacturing
Offices
Siemensallee 84, 76187 Karlsruhe, Germany
Haid-und-Neu-Straße 18, Karlsruhe, Germany
Karlsruhe, Germany (HQ & factory)
San Francisco, California, United States
1010 16th Street, San Francisco, CA 94107, United States
Business model
B2B contract manufacturing
Precision CNC parts production
Software-defined manufacturing / factory services
Funding
Stage
Series A
Total raised
$41.1M
Latest round
Series A · Feb 2024
Latest amount
$21M
People & investors
Leadership
Founder & CEO
Chief Financial Officer
Head of People & Culture
Head of Controlling
Head of Engineering
Work & culture
Mission-driven and engineering-heavy, with a strong emphasis on learning, continuous improvement, and long-term team commitment. The company highlights weekly internal training, equity participation for employees, and a hands-on hiring process that values motivation and commitment alongside technical skill.
Compensation
Public compensation bands were not found. Publicly stated signals include employee equity participation; no reliable salary data was located.
Benefits
Employee equity participation
Free catering (lunch, fruit, drinks)
Weekly internal training sessions
Team events / summer and winter parties
Product & market
Pricing
Quote-based B2B custom manufacturing
Differentiators
- —Software-defined autonomous and reconfigurable factories
- —End-to-end automation from CAD to finished part
- —AI-steered robots and software-orchestrated production
- —Continuous learning from every manufactured part
- —High transparency, traceability, and reliability
- —Own 50,000-square-foot factory used as a production system and testbed
Technology
AI-driven production parameter optimization
Predictive quality control
Digital twins for process verification
Robotic material flow automation
3- to 5-axis milling (Hermle, DMG MORI)
Mill-turn machining (WFL)
Tactile/optical CMM inspection (Zeiss, Bruker Alicona)
Kubernetes
TypeScript
Ansible
Bazel
Odoo
HubSpot
Stripe
Customers
Defense companies
Semiconductor manufacturers
Medical technology companies
Energy companies
E-mobility companies
Automation and advanced manufacturing customers
100+ customers overall (publicly stated)
Competitors
Hadrian
Tetmet
Xometry
Scale & contact
Estimated revenue
About $5M-$25M (third-party estimate)
Estimated monthly visits
4.1K
Traffic estimate as of Jun 2026
Latest news
TechCrunch · Feb 2024
TechCrunch covered the Series A, the Karlsruhe factory, customer industries, and the plan to expand to additional factories in Germany.
Tech.eu · Feb 2024
Tech.eu summarized the NGP Capital-led Series A and the use of proceeds to scale the Manufacturing AI platform and production facilities.
Silicon Canals · Nov 2021
Silicon Canals reported Daedalus's seed round of about $11.5M / €10.1M, led by Addition with participation from Khosla Ventures.
Nordic9 · May 2020
Nordic9 reported the pre-seed financing and identified Khosla Ventures as a lead investor, with First Momentum Ventures also mentioned.
Jobs and careers at Daedalus
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