Euler
Baejarhraun 8, Hafnarfjordur, Gullbringusysla, 220, Iceland
Overview
Euler is an Icelandic spin-out from the Technical University of Denmark that applies deep AI and process expertise to fault detection in laser powder bed fusion (LPBF) and selective laser sintering (SLS) 3D-printing processes. Its software connects to leading industrial 3D printers, ingesting camera data to flag defects before they occur without requiring additional monitoring hardware. Early customers such as Alloyed, KMWE, the Danish Technological Institute, and the Korea Institute of Industrial Technology use Euler to cut failed-build time by 77 % and lift overall equipment effectiveness–driven revenue by more than 20 %. By reducing scrap and rework, the platform helps regulated sectors like aerospace and defence meet stringent safety and performance standards. The company is now protecting its technology through trademark registrations and three patent filings. Proceeds from its recent seed financing will fund product development, team expansion, and accelerated platform rollout as it seeks broader adoption across the $20 billion global additive-manufacturing market.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Nov 2025
Industries
- Artificial Intelligence (AI)
- Computer Vision
- Machine Learning
- Software
Recent funding
Seed
Nov 2025
$2M
Team
Eythor Eiriksson
Founder & CEO
LinkedIn