3YOURMIND Awarded Funding to Enhance Machine Learning in its Software
This funding will be used to extend machine learning applications throughout their software suite.
July 23, 2019
The investment bank of Berlin awarded 3YOURMIND with €1.3 million in Pro FIT funding, co-financed by the European Regional Development Fund (ERDF). This funding will be used to extend machine learning applications throughout their software suite.
For companies entering into or scaling their additive manufacturing, 3YOURMIND software helps identify AM suitable parts from existing inventories. For companies and 3D printing services who are already actively 3D printing, the software suite becomes their digital access point for accurate pricing, file management, automated order processing and transparent tracking of the production floor.
In 2019, in addition to building out machine connectivity, 3YOURMIND will focus on interlinking their software suite with machine learning to improve depth of optimization, lower processing costs and move additive manufacturing towards automated production streams. This is 3YOURMIND’s vision for Agile Manufacturing.
More specifically, 3YOURMIND will use the Pro FIT funding to add artificial neural networks (ANNs) into their software.
“Our software makes it simple and cost effective for companies to enter and scale additive manufacturin,” says Stephan Kühr, CEO, 3YOURMIND. “By adding more machine learning to our software we will multiply the effectiveness of AM programs. 3YOURMIND is developing the software infrastructure for a level of automation we call agile manufacturing; the ability to quickly and accurately adapt production to customer needs and company resources.“
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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