Tech Company Financing Transactions

Productive Machines Funding Round

Productive Machines, based in Rotherham, secured $2.7 million from UK Innovation & Science Seed Fund, ACT Venture Partners and AMRC Sheffield.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Proceeds Purpose
This funding to expand the reach of its advanced machine tool process optimisation technology.

Company Information

Company Status
Private & Independent
Mailing Address
Advanced Manufacturing Park, Technology Centre
Rotherham, S60 5WG
Email Address
Productive Machines enables machining companies to reach to the best part, faster and first time. By applying scientific methods such as simulations in machining processes, time it takes to produce parts can be reduced considerably, i.e. by 50% as published in an AMRC case study ( ). However, many manufacturers don't have access to such simulation techniques and use an experimental trial and error approach instead. This cannot guarantee utilization of the full potential of the machine tools, results in in waste, inefficient use of resources and low OEE (Overall Equipment Effectiveness). Moreover, invaluable process data is wasted in the machining industry every second because most businesses don't have the capability to turn this data into value.
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Company News
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Management Team

Email & Social
Chief Executive Officer
Erdem Ozturk
  Erdem Ozturk LinkedIn Profile  Erdem Ozturk Twitter Account  Erdem Ozturk News  Erdem Ozturk on Facebook
Chief Technical Officer
Huseyin Celikag
  Huseyin Celikag LinkedIn Profile  Huseyin Celikag Twitter Account  Huseyin Celikag News  Huseyin Celikag on Facebook



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