Laserhub raised a capital funding round of an undisclosed amount

Laserhub, a Stuttgart, Germany-based startup that helps industrial clients order metal materials on demand, has closed an undisclosed Series A financing round.

The money was raised from investors led by Munich’s Acton Capital, with participation from previous investors Project A and Point Nine in Berlin.

Proceeds will be used to develop new markets in Europe.

Laserhub, founded in 2017 by Adrian Raidt, Christoph Roessner, Jonas Schweizer, is the leading procurement platform for industrial metal parts in Germany, Austria and France.