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3 Latest Announced Rounds

  • $10,500,000
    Unknown
    HVAC and Refrigeration Equipment Manufacturing
    Nov 5th, 2024
  • $4,000,000
    Series A
    Financial Services
    Nov 5th, 2024
  • $4,100,000
    Pre-Seed
    Real Estate
    Nov 5th, 2024
$1,342.43M Raised in 64 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Productive Machines

start up
United Kingdom - Rotherham, SOUTH YORKSHIRE
  • 25/04/2023
  • Seed
  • $2,743,000

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 (https://bit.ly/3fxAbDQ ). 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.

Our product is a digital twin based learning platform. It is composed of three modules, namely, learning system, process planning and process monitoring and control tool. The learning system includes key information such as tool, work piece and process knowledge. The process planning tool is integrated into existing CAM software, i.e. Siemens NX. It hosts an offline digital twin of the machining process. Process planners can use it to identify potential problems in advance and can take counter measures to avoid them while optimizing the process. The process monitoring and control tool includes an online digital twin. It monitors anomalies such as tool wear and chatter and adapts key parameters to control them to optimize productivity and avoid waste. All 3 modules are linked to each other. One unique capability of the software is that machine tools will be able to learn from each other to optimize machining processes.

Productive Machines is a spin out company from AMRC (Advanced Manufacturing Research Centre at the University of Sheffield). Boeing HorizonX is the first investor of Productive Machines.


Related People

Erdem OzturkFounder

Erdem Ozturk United Kingdom - Greater Sheffield Area

Erdem is the Founder and CEO of Productive Machines. Since September 2010, he has been with the AMRC (Advanced Manufacturing Research Centre). He is the Senior Technical Fellow leading the Digital Machining theme. He has served as a visiting faculty at the Global Production Engineering and Management MSc. programme at the Vietnamese German University in Ho Chi Minh. He is an Associate member of CIRP (The International Academy For Production Engineering).