ToffeeX

London, United Kingdom Founded: 2019 • Age: 7 yrs
Physics-driven generative design software is developed for engineering optimization.
Annual revenue - Latest available
Total funding $7.3M 2 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Toffeeam Limited
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.03 M (USD), Series A

    Aug 08, 2022

  • Investors
    Exor

    & 6 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Tool for creating physics-based optimized designs for manufacturing.

Product name locked
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is provided to multiple sectors by Presidio Ventures.
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Investments are focused on Italian researchers turned entrepreneurs abroad.
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Deep tech venture capital firm investing in European and global startups.
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Investor details for ToffeeX

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Investments & Acquisitions by ToffeeX

Investments
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Investment portfolio details for ToffeeX

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Financial Statements - ToffeeX

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Detailed financials for ToffeeX

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Toffeex Comparisons

ToffeeX Primary company
Description
Physics-driven generative design software is developed for e...
Location
London, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ToffeeX

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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.

Company Name Domain Founded year HQ Location Description
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AI-based software for production data analysis and collaboration is provided.
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AI applications for accelerating physics simulations are developed.
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Provider of AI-powered process control solutions
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Machining toolpaths are optimized through specialized software.
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Provider of AI and digital twin based manufacturing operations management solutions
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Detailed competitors of ToffeeX

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Latest news on Toffeex

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Complete news archive for ToffeeX

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Frequently Asked Questions about ToffeeX

ToffeeX was founded in 2019 and raised its 1st funding round 1 year after it was founded.

ToffeeX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Marco Pietropaoli is the current CEO of ToffeeX. They have also founded this company.

ToffeeX is a funded company, having raised a total of $7.3M across 2 funding rounds to date.

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.

ToffeeX's top competitors include Cognite, PhysicsX and Tignis.

ToffeeX offers Generative Design Software and Cloud-Native Platform.

ToffeeX has 7 investors. Key investors include Exor, Presidio Ventures, Excellis, Innovate UK Business Connect, and IQ Capital.

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