ModuleWorks, a global specialist in tool-path generation, simulation and automation software, has invested in Toolpath Labs, a company leveraging AI to optimise the machining industry. The investment is part of a round of strategic investment in Toolpath Labs led by cutting tool manufacturer Kennametal – and joined by Leaders Fund. It builds on the technology partnership announced between ModuleWorks and Toolpath Labs in September 2024. The latest funding is intended to accelerate further the development and deployment of AI-driven user-centric solutions for the manufacturing sector.

More information www.moduleworks.com