About ToffeeX
ToffeeX is a company based in London (United Kingdom) founded in 2019 by Francesco Montomoli and Marco Pietropaoli.. ToffeeX has raised $7.3 million across 2 funding rounds from investors including Exor, Presidio Ventures and Excellis. ToffeeX offers products and services including Generative Design Software and Cloud-Native Platform. ToffeeX operates in a competitive market with competitors including Cognite, PhysicsX, Tignis, Productive Machines and MetAI Yujian Intelligent Technology, among others.
- Headquarter London, United Kingdom
- Founders Francesco Montomoli, Marco Pietropaoli
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Toffeeam Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.3 M (USD)
in 2 rounds
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Latest Funding Round
$6.03 M (USD), Series A
Aug 08, 2022
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Investors
Exor
& 6 more
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Employee Count
Employee Count
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Products & Services of ToffeeX
ToffeeX offers a comprehensive portfolio of products and services, including Generative Design Software and Cloud-Native Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for creating physics-based optimized designs for manufacturing.
Platform enabling quick design exports for industrial applications.
Funding Insights of ToffeeX
ToffeeX has successfully raised a total of $7.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.03 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $6.0M
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First Round
First Round
(09 Jul 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - ToffeeX | Valuation | Presidio Ventures | |
| Jul, 2020 | Amount | Seed - ToffeeX | Valuation | IQ Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ToffeeX
ToffeeX has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Exor, Presidio Ventures and Excellis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to multiple sectors by Presidio Ventures.
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Founded Year | Domain | Location | |
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Investments are focused on Italian researchers turned entrepreneurs abroad.
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Founded Year | Domain | Location | |
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Deep tech venture capital firm investing in European and global startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ToffeeX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ToffeeX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Toffeex Comparisons
Competitors of ToffeeX
ToffeeX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cognite, PhysicsX, Tignis, Productive Machines and MetAI Yujian Intelligent Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based software for production data analysis and collaboration is provided.
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| domain | founded_year | HQ Location |
AI applications for accelerating physics simulations are developed.
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| domain | founded_year | HQ Location |
Provider of AI-powered process control solutions
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| domain | founded_year | HQ Location |
Machining toolpaths are optimized through specialized software.
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| domain | founded_year | HQ Location |
Provider of AI and digital twin based manufacturing operations management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ToffeeX
When was ToffeeX founded?
ToffeeX was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is ToffeeX located?
ToffeeX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of ToffeeX?
Marco Pietropaoli is the current CEO of ToffeeX. They have also founded this company.
Is ToffeeX a funded company?
ToffeeX is a funded company, having raised a total of $7.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.26M, raised on Jul 09, 2020.
What does ToffeeX do?
ToffeeX was founded in 2019 in London, United Kingdom, and operates in the engineering software sector. A cloud-native platform is offered, where goals are set by users and designs are shaped through physics simulations. Algorithms and optimization techniques are utilized to generate components that adhere to design and manufacturing constraints, thereby streamlining the engineering process.
Who are the top competitors of ToffeeX?
What products or services does ToffeeX offer?
ToffeeX offers Generative Design Software and Cloud-Native Platform.
Who are ToffeeX's investors?
ToffeeX has 7 investors. Key investors include Exor, Presidio Ventures, Excellis, Innovate UK Business Connect, and IQ Capital.
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