Euler ehf.

Founded in 2018 in Iceland, Euler ehf. specializes in monitoring solutions for additive manufacturing. Euler raised EUR 2 million in Seed funding in November 2025, with Frumtak Ventures and Kvanted Ventures as investors. The total amount raised by the company is EUR 2 million.

Euler specializes in innovative software solutions designed for additive manufacturing (AM), focusing particularly on laser powder bed fusion (L-PBF) systems. Their core product leverages existing powder-bed imaging technology to eliminate machine-to-machine and build-to-build variability, a critical challenge in achieving consistent serial production. By analyzing each layer of a build in real-time, the software not only detects potential defects but also predicts them, thereby enhancing overall quality assurance processes. This capability allows users—primarily manufacturers in industries such as aerospace, automotive, and medical sectors—to achieve faster qualification of parts and minimize production surprises.

Euler’s offerings are compatible with any L-PBF system equipped with a layer camera, making them accessible to a wide array of clients, including both established manufacturers and emerging companies in regions such as North America, Europe, and Asia. Euler operates on a subscription-based revenue model, allowing customers to access their software solutions through a flexible pricing structure that supports varying levels of service and features. Clients connect their existing L-PBF machines to the Euler platform, enabling immediate monitoring and analysis without the need for additional hardware investments. Transactions typically involve annual or monthly subscription fees that cover software updates and customer support.

Given the diverse applications of Euler's technology in ensuring quality control and process optimization, the company engages in direct business-to-business transactions with manufacturers seeking to scale their production capabilities efficiently. In November 2025, Euler raised EUR 2 million in Seed funding, aimed at expanding its team, accelerating product development, and strengthening integrations for industrial 3D printing. The company plans to enhance its software offerings and is targeting expansion into new markets, though specific regions have not been disclosed. Upcoming products are currently in development to further support their client base.