DMG Mori, an existing customer of manufacturing app development platform Tulip, has contributed to a round that closed at $39.5m, alongside Vertex Ventures, NEA and Pitango.
US-based no-code manufacturing app platform Tulip completed a $39.5m series B round on Tuesday that was backed by cutting machine tools manufacturer DMG Mori.
Vertex Ventures, a venture capital subsidiary of Singaporean state-owned investment firm Temasek, also took part in the round, as did VC firms New Enterprise Associates (NEA) and Pitango Venture Capital.
Spun out of Massachusetts Institute of Technology’s Media Lab in 2012, Tulip has built a platform that allows manufacturing engineers to develop apps for use on…
