Money & Funding
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Inkbit, a developer of AI and machine vision-based 3D printing technology, has secured $12 million through an equity financing round led by Stratasys and DSM Venturing, the investment arm of Royal DSM. The new capital will enable Inkbit to accelerate the industrialization of its material jetting AM technology to meet…
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Evonik Venture Capital, the investment arm of German chemical company Evonik, has invested in Castor Technologies, a startup whose software is helping AM adopters to identify how and where to use additive manufacturing for production. Evonik says the investment in the Israel-based startup will allow it to expand its business…
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Additive Manufacturing Technologies Ltd (AMT), a specialist in post-processing technologies for 3D printed parts, this week completed a $5.2 million Series A funding round that will enable it to accelerate its goal of realizing a fully integrated, end-to-end digital manufacturing system. The investment round was led by DSM Venturing (which…
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Digital manufacturing company Voxel8 has completed a Series B funding round led by the investment arm of DSM, DSM Venturing. The investment round also saw funding from HP Tech Ventures and existing backers Bræmar Energy Ventures and ARCH Venture Partners. The funding—though unspecified in its amount—will enable Voxel8 to ramp…
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Relativity Space, a company best known for its autonomous rocket factory and 3D printed rocket engines, has closed a Series C funding round worth $140 million. The funding round, which was led by Bond and Tribe Capital, will enable Relativity Space to advance towards its goal of becoming the world’s…
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KW Special Projects, a UK-based engineering consultancy firm, this week secured £3.4 million in funding to open a new Digital Manufacturing Centre at Silverstone Park, near the Silverstone motor racing circuit. The new facility, which spans 1,657 square meters, is expected to bring economic growth to the area, up to…
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In order to further promote access by the investment sector to companies in additive manufacturing, the US consulting firm Wohlers Associates, Inc., with support from Mesago Messe Frankfurt GmbH, is for the first time hosting an exclusive dinner for investors as part of the Formnext 2019 trade fair. The Wohlers…
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One of the biggest recent developments in the Jeffrey Epstein case since his death has been the embroilment of the MIT Media Lab, which received significant funding from the sex criminal for its research projects over the years. The news, which has been making headlines all week, was made all…
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An Israeli company looking to revolutionize the food industry with a 3D printable meat alternative has taken a major step towards its goal. The company, Redefine Meat, has just raised $6 million, which will enable it to finalize the development of its alternative-meat 3D printer in preparation for its 2020…
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The U.S. Army Combat Capabilities Development Command Army Research Laboratory (CCDC-ARL) has awarded $25 million to the Worcester Polytechnic Institute (WPI) to continue developing and advancing a cold spray 3D printing technique which could have applications repairing vehicles and military equipment in the field. With a strong background and experience…
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