Money & Funding
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Enable Manufacturing has been granted funding from Innovate UK, the UK’s innovation agency, for a project to prove the concept of its Additive Casting process. Innovate UK, as part of UK Research and Innovation, is investing up to £191 million to fund single and collaborative research and development projects as…
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voxeljet‘s financial results for the third quarter ending September 30, 2020, were better than results posted for Q3 2019, but the company has lowered end-of-year guidance because of concerns about reduced demand. No analyst coverage exists for the company, so its results are measured purely against the previous year’s data.…
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Joseph Biden won the presidency, but the blue wave that could sweep through the country never materialized: the new president is most likely left with a split Congress, which could make renewable energy funding difficult. This network reported on Biden’s renewable energy plans and the knock-on benefits likely to accrue…
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Dimension Inx raised $3.175 million to close its series seed financing round. The next-generation biofabrication company was notably supported by KdT Ventures, with Better Ventures and Revolution’s Rise also participating in the seed funding round. Dimension takes a materials-centric approach to its work. Founded in 2017, the company produces medical-grade…
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INTAMSYS reported that it has sold over 1,500 AM systems for high-performance materials such as PEEK, PEKK, PAEK and PEI to date. The Chinese manufacturer, whose name stands for INtelligent AM SYStems, has strived to make this technology industrially mature since its start in 2013. Last year only, almost 500…
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3D Systems Corporation announced higher-than-expected third-quarter 2020 financial results on November 5, 2020, right on the heels of announcing the sale of two business lines. Analysts had predicted that the company would post negative earnings per share (EPS), with low-end revenues. The firm announced more EPS and revenue. This earnings season…
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Create it REAL, a Danish 3D printing research and development hub, is now able to accelerate its market expansion thanks to securing a €3.1 million round of financing. Investo Capital, the primary investor in this round, joined the company’s existing investors, like Vaekstfonden’s department of direct investments, VF Venture. Create…
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Arkema is leading the Series B investment in Adaptive3D, an innovative company and premium additive manufacturing photopolymer resin supplier. This investment complements our expertise in UV liquid resin material design and our commitment to accelerate 3D printing manufacturing technology development. Adaptive3D, through cutting-edge technologies, offers solutions enabling soft and elastomer…
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Materialise, one of the largest additive manufacturing companies in Europe, reported its third-quarter earnings on October 29, 2020. The results show Materialise recovering from the COVID shock to manufacturing on the strength of its software division. The company reported total revenue of 40 785 000 Euros, compared to 50 449…
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Three months after its foundation, Additive Drives GmbH, developers of additively manufactured electric motor components, obtained a seven-digit (€1.5 million) seed investment from the Munich-based investor AM Ventures Holding GmbH. The financing round is intended to further advance the market launch. In addition to scaling the business in the area…
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