CASTOR

Company Overview

Snapshot

Founded in November 2017 by Omer Blaier and Elad Schiller, CASTOR operates with 11–50 employees. The company has raised a total of $5.87 million across 5 funding rounds from 9 investors. In May 2023, Asahi Kasei Medical (Japan) invested in the company.

Business overview

CASTOR develops software that optimizes 3D printing in manufacturing, enabling companies to reduce lead times, cut costs for small production runs, enhance supply chain resilience, and improve sustainability. Its core technology uses algorithms to analyze 3D CAD and 2D legacy files, providing engineers with analyses to compare 3D printing with traditional manufacturing methods based on technical feasibility and cost efficiency. The company serves various industries, including Food & Beverage and Machinery & Components, and operates within the Industrial Technologies sector, focusing on operational optimization and clean manufacturing.

Strategic signal

In May 2023, CASTOR secured an investment from Asahi Kasei, a significant validation of its technology and market potential. This investment signals continued confidence in CASTOR's software solutions for optimizing additive manufacturing processes, suggesting a positive trajectory for its growth and adoption within industrial sectors.

Company Intelligence Q&A

What is CASTOR's primary focus?

CASTOR specializes in software for optimizing 3D printing in manufacturing, helping companies identify suitable parts for additive manufacturing to reduce lead times, cut costs, and improve sustainability.

When was CASTOR founded and by whom?

CASTOR was founded in November 2017 by Omer Blaier and Elad Schiller.

What was a key development for CASTOR in August 2021?

In August 2021, CASTOR secured Seed funding led by Xerox, with participation from Spring Ventures.

What was a notable partnership for CASTOR in July 2018?

In July 2018, CASTOR was selected for the Stanley+Techstars Additive Manufacturing Accelerator program.