Introducing New Aviaspace Member: TOOLTIP

We are pleased to introduce TOOLTIP, the latest member to join the Aviaspace community. Founded in July 2022 in Lübeck, TOOLTIP is a dynamic software company specialising in manufacturing technology for the B2B sector. With a unique platform that simplifies the search for cutting tools, TOOLTIP aims to change the way metal machining companies find and purchase suitable tools for their machinery.

Who is TOOLTIP?
TOOLTIP is a young, innovative startup dedicated to revolutionizing the tool selection process for CNC machining companies. Founded by Dr Dmytro Borysenko and Artem Maidanovych, who identified a critical gap in the market during their time as project engineers at the University of Magdeburg, TOOLTIP aims to simplify and accelerate the search for the perfect cutting tools. The platform serves as a search engine for manufacturers, helping them find the right tools for specific applications — whether it’s drills, milling tools, or other tools. The manufacturing companies, who machine aluminium, titanium, CFRP and stacks materials to produce parts for the aerospace applications, can use the platform to find suitable tools. It is also possible to integrate the old tools suppliers, which still work in the very analogue way, into the platform.

Additionally, TOOLTIP assists cutting tool suppliers and manufacturers in digitalizing their sales processes through custom-built online shops. This dual approach benefits both sellers and buyers, making the entire tool procurement process more efficient and user-friendly. What began as a small venture has quickly evolved into a dynamic team dedicated to transforming the manufacturing technology sector.

Product picture A: TOOLTIP Platform – a solution for centralized cutting tool search and e-procurement, photo credit: TOOLTIP

What TOOLTIP Offers
TOOLTIP offers a comprehensive, manufacturer-independent tool search platform that centralises the search process for precision tools for CNC machining. Users can avoid the time-consuming task of going through individual catalogues by finding everything they need in one place. The platform allows for quick comparisons of tools, prices and availability and enables users to place orders with multiple suppliers simultaneously with just one click.

The platform features a wide selection of precision tools designed for machining, including turning tools, milling tools, drills, countersinks, reamers, and taps. It is possible to also find tools from small and medium-sized manufacturing companies. TOOLTIP also provides tools for fine machining, ensuring the highest precision and surface quality. Their selection includes tools made from various materials such as solid carbide, high-speed steel (HSS), boron nitride (CBN), polycrystalline diamond (PCD), and monocrystalline diamond (MKD), both coated and uncoated.

Product picture B: New TOOLTIP´s service for suppliers and manufactures of cutting tools: Individual Online Shop, photo credit: TOOLTIP

Why join Aviaspace?
Becoming a member of the Aviaspace network was an easy decision for TOOLTIP. Dmytro Borysenko shared, “We wanted to be part of this network, especially because Aviaspace is so well known here in the Northern Germany. We can see how being a partner with Aviaspace will help us meet new people and new businesses.” By joining Aviaspace, TOOLTIP hopes to expand its reach, connect with industry leaders, and explore new business opportunities.

Find out more about TOOLTIP here:

TOOLTIP Website: www.tooltip.eu

TOOLTIP Product Platform: app.tooltip.eu

LinkedIn: https://de.linkedin.com/company/tooltip-eu

About TOOLTIP GmbH

TOOLTIP GmbH is a company based in Lübeck, Germany, specializing in innovative solutions for the metalworking industry. Founded in 2022, the company focuses on optimizing the search and procurement process for cutting tools, as well as increasing efficiency in CNC machining. TOOLTIP’s mission is to help companies streamline their production processes through the use of state-of-the-art technologies.

Activities

• Customized Online Shops: TOOLTIP GmbH develops tailored online shops for manufacturers and dealers of cutting tools to enhance their digital presence and optimize the sales process.
• TOOLTIP Platform: A comprehensive B2B platform designed to simplify and accelerate the search, selection, and procurement of precision tools for CNC machining. Through intelligent search algorithms and a user-friendly interface, companies can reduce the time spent on tool search and ordering by up to 90%.
• TOOLTIP Technology: An AI-based software solution that automates manufacturing analysis and tool recommendation based on 3D data of the target part. This technology significantly reduces the time required for manufacturing analysis and tool selection while minimizing errors.

TOOLTIP at the EMO fair 2023 (Exposition Mondiale de la Machine-Outil), photo credit: TOOLTIP.

About Bremen Bremerhaven – CITY OF AEROSPACE

Aeronautics and space sectors are the central key industries in the German federal state of Bremen as part of the innovation strategy of the German federal state of Bremen 2030 and markets themselves under the claim Bremen Bremerhaven – CITY OF AEROSPACE. Four organizations in the German federal state of Bremen work together to implement the operational goals of the innovation strategy Bremen 2030.

The Ministry of Economic Affairs, Ports, and Transformation creates the financial and organizational framework for the design and implementation of the aeronautics and space industries strategy.

AVIASPACE BREMEN e.V. oversees the network and participation in innovation projects necessary for the implementation of the operational goals of the innovation strategy.

The Bremer Aufbau-Bank GmbH (BAB) as state development bank, handles the German federal state of Bremen aeronautics and space research program. BAB Starthaus supports startups and young companies and integrates them into the startup ecosystem of the state of Bremen.

WFB Wirtschaftsförderung Bremen GmbH supports the activities of the Bremen Bremerhaven CITY OF AEROSPACE through trade fair and event organization. The claim BremenInvest fosters the internationalization of the industry. The Enterprise Europe Network (EEN) supports companies with questions relating to innovation and internationalization.