3D Printing Corporation, headquartered in Yokohama City, Japan, raised a total of 400 million yen from Sogo Lease Co., Ltd.. Through this oversubscribed financing round, the 3D printing service provider will make further efforts to build a streamlined supply chain in order to achieve the vision of revitalizing the Japanese manufacturing industry by leveraging 3D printing technology.
“Our approach to making 3D printing a viable manufacturing technology has proven to be correct;” said Alexander De Vore, CEO of 3D Printing Corporation regarding this financing. “The next step in our long-term mission to build a new supply chain based on 3D printing. It’s not easy, but new strategic and financial partners bring you closer to a large manufacturing grade by leveraging the best raw materials, manufacturing expertise, and customer financing options. ”
The company, which also operates as a DfAM solutions provider and local reseller for Markforged and AON3D hardware, aims to harmonize 3D printing technology with existing manufacturing to build the next generation of supply chains.
The idea is to differentiate from other companies by building and standardizing the core technologies required for each manufacturing process by 3D printing. The funds raised will accelerate the research and development of new products that utilize 3D printing, as well as the construction of a one-stop digital platform that develops 3D printing manufacturing technology.
The 3D Printing Corporation platform is built on a wide variety of underlying 3D printers and post-processing solutions. “We aim to build a system that enables manufacturers to introduce 3D printing technology more smoothly and operate it by providing shape design and process design technologies that are the basis of 3D printing manufacturing,” added De Vore. “The funding network of shareholders will also enable us to provide solutions that leverage 3D printing technology to Japanese enterprises looking for ways to bring higher performance products to market faster. Furthermore, we will strengthen our customer support through financial support from shareholders.”