What is Castor?
Founded in 2017, Castor operates at the intersection of additive manufacturing and enterprise software. The company provides a sophisticated platform designed to automatically identify and optimize parts for 3D printing, effectively reducing production costs and lead times for industrial manufacturers. By integrating deep-tech algorithms with manufacturing workflows, Castor enables organizations to transition from conventional subtractive methods to more agile, cost-effective additive processes. This technological shift is essential for modern enterprises seeking to optimize their inventory management and reduce reliance on complex, multi-stage supply chains. As the industry pivots toward decentralized production, Castor's software serves as a foundational layer for companies aiming to digitize their physical inventory and streamline industrial operations.
How much funding has Castor raised?
Castor has raised a total of $3.5M across 1 funding round:
Angel/Seed
$3.5M
Angel/Seed (2021): $3.5M with participation from SPRING VENTURES and Xerox
Key Investors in Castor
SPRING VENTURES
Spring Ventures is an innovation hub and deep-tech venture capital firm that partners with visionary founders to build successful technologies, focusing on B2B SaaS models and early-stage growth.
Xerox
Xerox is a global leader in office and production print technology that has expanded into software and services to power the hybrid workplace and industrial digital transformation.
What's next for Castor?
With this major strategic investment, Castor is poised to accelerate its enterprise-level expansion and deepen its software capabilities. The company is expected to focus on scaling its automated cost-reduction engine, targeting large-scale industrial clients who require robust, scalable solutions for complex manufacturing environments. Future growth will likely involve expanding the platform's integration with existing ERP and PLM systems, further embedding Castor into the core infrastructure of global manufacturing leaders. As the firm matures, the focus will shift toward capturing a larger share of the industrial 3D printing market, leveraging its unique value proposition to drive long-term operational efficiency for its partners.
See full Castor company page
