Berlin based startup KREATIZE is designed to be an automation platform offering mechanical engineering companies and their partners, services for the completion of orders and advancing the ordering process. Recently, it was announced that the startup raised €4 million in Series A funding. This is just 18 months after it’s market launch. This was led by Earlybird Venture Capital and Atlantic Labs.
Capital To Advance KREATIZE European Expansion
KREATIZE currently has locations in Berlin and Tübingen and a house of 30 employees. In Berlin, the focus is on the tech world.
“With a volume of almost €670 billion, the overall mechanical engineering market is one of the largest B2B markets in Europe, and at the same time, the backbone of German SMEs,” said CEO and co-founder Simon Tüchelmann, who founded KREATIZE together with Daniel Garcia Rodriguez in December 2015.
“With our solutions, we help our manufacturing partners increase their capacity utilisation, and offer our customers in the mechanical engineering market attractive prices and extremely short delivery times – a win-win for both sides. The feedback from our more than 200 customers and 300 manufacturing partners has been excellent, and has encouraged us to use the new capital to expand throughout Europe.”
“We see a great need for digital innovation and process automation in the manufacturing industry,” commented Dr. Fabian Heilemann, Partner at Earlybird. “In addition, the market for producers and buyers of manufacturing parts is still more regionally structured than internationally liquid and transparent. As an innovation leader in Europe, KREATIZE addresses these problems and the resulting opportunities with a platform that covers the entire ‘end-to-end’ process chain.”