The French start-up Cognitive Design Systems (CDS) has raised 2 million euros in a new financing round. According to a press release, the company intends to use the fresh capital to expand its platform for designing production-ready 3D models.
CDS specializes in generative design and additive manufacturing. The Cognitive Additive software analyzes the costs, feasibility and sustainability of 3D printed parts. The aim is to enable designers to produce ready-to-use models.
According to CDS manager Vincent Ung, modern design requires innovative solutions that incorporate manufacturing factors from the outset. The injection of funds will now be used to further develop the in-house platform.
The venture capitalists Iron Hands Capital and DAA Capital Partners as well as the French VC SpaceFounders participated in the 2 million round. According to the investors, CDS has great growth potential in generative design. In the long term, Cognitive Additive could establish itself as a leading platform.
CDS intends to use the new financing to drive forward its expansion in Europe and the USA. Most recently, the start-up has already integrated its technology into various platforms, including solutions from Stratasys and Synera.