About Xetics
Xetics is an Industrial Goods & Manufacturing company based in Stuttgart (Germany) founded in 2012, and was acquired by TRUMPF in November 2015. Manufacturing processes are monitored and analyzed via app-based software. The company has 28 employees. The company was acqui-hired. Its focus areas include Enterprise Applications, Manufacturing Tech, Process Control and Analytics. Its legal entity is XETICS GmbH.
Company details
XETICS provides XETICS LEAN, an app-based software that tracks manufacturing and production process data and provides a dashboard for analysis, evaluating KPIs and OEE. Can acquire data from mobile devices, DMC, QR code, NFC smart tags, and sensors. Also provides a materials module and value stream analysis. Can integrate with SAP and Excell. Claims that positive results can be obtained within a few days. XETICS is a partner for Germanys integration of Industry 4.0 technologies into existing supply chains for SMEs.
- Headquarters Stuttgart, Germany
- Employees 28
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Website xetics.com
- Social LinkedIn X
- Acquired by TRUMPF (Nov 2015)
- Legal Name Xetics Gmbh
Funding Insights of Xetics
- Total Rounds 1
- Last Round Grant β $227,318
- First Round $227,318
(Oct 2015)
All 1 funding rounds of Xetics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2015 | $227,318 | Grant | β | β | β |
1 investors in total: 1 institutional.
Investors in Xetics
Xetics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TRUMPF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial 3D printers using selective laser melting technology are manufactured. | 1923 | trumpf.com | Ditzingen, Germany |
Investor details for Xetics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Xetics
3 dated milestones of Xetics across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Xetics is founded.
- Funding First funding round of $227K.
- Exit Acquired by TRUMPF.
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Frequently Asked Questions about Xetics
Xetics was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Xetics is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Xetics has 28 employees.
XETICS provides XETICS LEAN, an app-based software that tracks manufacturing and production process data and provides a dashboard for analysis, evaluating KPIs and OEE. Can acquire data from mobile devices, DMC, QR code, NFC smart tags, and sensors. Also provides a materials module and value stream analysis. Can integrate with SAP and Excell. Claims that positive results can be obtained within a few days. XETICS is a partner for Germanys integration of Industry 4.0 technologies into existing supply chains for SMEs.
Xetics has 1 investor. Key investors include TRUMPF.
Xetics operates through Xetics Gmbh.
Yes. Xetics was acquired by TRUMPF in November 2015.
