Laserhub Closes Double-Digit Million-Euro Series B Funding
Summary
Laserhub GmbH, a Stuttgart, Germany-based operator of the online platform for the procurement of customized sheet metal and turned parts, completed its double-digit million-euro Series B financing round. The company intends to use the funds to expand the market leadership it has already achieved in the field of digital platforms in Europe. New processing methods such as welding will be incorporated into the product with the long-term goal for customers to procure individual parts and conduct entire assemblies via Laserhub. The digital process covers all steps from the automatic creation of an offer, to placing the order, implementation, logistics, and billing. In addition to further developing the platform, the company aims to expand into other European markets within the coming months.
Funding
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