Daedalus, a Karlsruhe-based startup, has raised $21 million in Series A funding led by NGP Capital.

The company's total funding has now surpassed $40 million, earmarked for advancing its Manufacturing AI platform and scaling up production.

Ex-OpenAI technical lead Jonas Schneider heads Daedalus, focusing on AI-driven factories for custom precision parts in critical sectors.

Daedalus combines readily available hardware with specialized software to enhance and streamline the bespoke manufacturing process.

The startup anticipates the launch of its first autonomous factory in Karlsruhe by mid-2025, with plans to expand across European industrial hubs.