Euler, an Iceland-based software startup, has successfully raised €2 million in a seed funding round. The investment was co-led by Frumtak Ventures, a prominent Icelandic venture capital firm, and Kvanted, a Nordic investor specializing in industrial technology. This funding will enable Euler to accelerate development and scale its AI-powered software solutions for the 3D printing industry. Ásthildur Othar, Partner at Frumtak Ventures, highlighted the potential impact of Euler’s innovative technology in transforming 3D manufacturing processes.
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