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Castor offers a cloud-based eClinical data platform streamlining clinical research. Its core product enables research teams to capture, manage, and integrate high-quality data from diverse sources on a compliant system. The platform connects researchers, participants, and technology, leveraging a self-serve, API-first framework and practical AI for enhanced trial efficiency and patient engagement.
Founded in 2012 by Dr. Derk Arts, an MD and Ph.D., Castor emerged from his observation of pervasive inefficiencies in clinical trials. These delays, recruitment difficulties, and fragmented data management drove Dr. Arts to develop a unified platform to accelerate scientific discovery and improve research outcomes.
The platform serves contract research organizations, biopharma companies, and medical device innovators. Castor's vision centers on a future where all research data contributes to discovering cures for global diseases, addressing healthcare challenges through optimized data utilization.
Castor has raised $63.0M across 3 funding rounds.
Castor has raised $63.0M in total across 3 funding rounds.
Castor has raised $63.0M in total across 3 funding rounds.
Castor's investors include Eight Roads Ventures, Alex Pasteur, 5AM Ventures, Balderton Capital, Broadstone, Darling Ventures, eFounders, Forbion, F-Prime Capital Partners, Tom Hulme, Humba Ventures, Index Ventures.
Castor Technologies is an Israeli software company founded in 2017 that develops a decision support platform for industrial 3D printing, automating the analysis of CAD files to identify parts suitable for additive manufacturing (AM).[1][3][7] Its cloud-based and on-premise software scans thousands of parts from inventories or designs—such as spare parts, low-volume production, or tooling—evaluating technical feasibility, economic viability (e.g., up to 50% cost reduction), optimal materials, design modifications for printability (DfAM), and failure simulations via fast Finite Element Analysis.[1][3][4] Serving manufacturers like Stanley Black & Decker and Evonik, Castor accelerates AM adoption by recommending 3D printing over traditional methods when beneficial, streamlining procurement through service bureaus, and enabling parts consolidation for weight reduction and faster time-to-market.[3][4] The company has raised funding from investors including Myriad Venture Partners and Asahi Kasei CVC, demonstrating strong growth in the additive manufacturing sector.[1][3]
Castor Technologies was founded in 2017 in Tel Aviv, Israel, by Elad Schiller, David Calderon, and Omer Blaier, who brought complementary expertise in software development, business development, and 3D printing engineering.[3] Schiller, an experienced software developer and team leader with an MBA from Hebrew University, handled native app development; Calderon, with an MBA from Northwestern Kellogg and prior roles at EY, focused on business strategy; and Blaier, CEO with an MBA from Tel Aviv University and engineering background at Stratasys, drove product vision from his R&D project management in 3D printing.[3] The idea emerged from recognizing manufacturers' challenges in scaling industrial 3D printing despite its potential, leading to software that analyzes parts technically and economically based on real-world data from 30,000+ parts across 80+ companies.[4] Early traction came from partnerships like Stanley Black & Decker and EOS North America, with proven results in cost savings and AM workflow automation.[3][4]
Castor's platform stands out in the additive manufacturing software space through these key strengths:
Castor rides the additive manufacturing boom, fueled by supply chain disruptions, demand for on-demand spares, and sustainability pushes for lighter, consolidated parts in industries like automotive, aerospace, and defense.[1][4] Its timing aligns with maturing industrial 3D printing—post-2017 founding, amid metal/polymer AM advancements and post-pandemic reshoring—enabling low-volume efficiency over traditional CNC for high-mix production.[1][3] Market forces like rising material costs and inventory pressures favor Castor, as it democratizes AM for non-experts, bridging software gaps between printers (e.g., EOS) and design tools.[3][4] By accelerating adoption (e.g., via Evonik VC backing), Castor influences the ecosystem, growing the $20B+ AM market through data-driven insights and partnerships, reducing barriers seen in competitors focused on hardware alone.[1][4]
Castor is poised to dominate AM software as industrial 3D printing scales toward mainstream manufacturing, with expansions into AI-enhanced simulations and global service networks.[1][4] Trends like digital twins, sustainable materials, and Industry 4.0 automation will amplify its role, potentially capturing more Fortune 500 conversions amid projected AM market growth to $100B+ by 2030. Its influence may evolve from screening tool to full AM orchestration platform, powering cost revolutions for discrete manufacturers—echoing its core mission to unlock 3D printing's untapped potential.[3][4]
Castor has raised $63.0M across 3 funding rounds. Most recently, it raised $45.0M Series B in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $45.0M Series B | Eight Roads Ventures, Alex Pasteur | 5AM Ventures, Balderton Capital, Broadstone, Darling Ventures, eFounders, Forbion, F-Prime Capital Partners, Tom Hulme, Humba Ventures, Index Ventures, INKEF Capital, Iris Capital, Preston-Werner Ventures, Soffinova Partners, Town Hall Ventures, Two Sigma Ventures, Barry Lunn, Dharmesh Shah, Guillaume Princen, Ray Nolan, Thibaud Elziere |
| Aug 1, 2020 | $12.0M Series A | Two Sigma Ventures | Humba Ventures, Index Ventures, INKEF Capital, Dharmesh Shah, Hambrecht Ducera Growth Ventures |
| Jul 1, 2018 | $6.0M Seed | Index Ventures, INKEF Capital |