Money & Funding
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Metal AM post-processing is a broad category and has long been considered the most time-intensive part of the additive manufacturing workflow. It is often more expensive and time-consuming than the printing process itself. And yet it is, in one form or another, taken as a given in metal additive manufacturing.…
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Engineers from UCLA have received a $1.5 million research grant to develop an eco-friendly 3D printable concrete material that uses carbon dioxide as part of its binder. The large grant was funded by the National Science Foundation, which hopes the research team will find a more sustainable solution for the…
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An interdisciplinary team at Penn State University was recently awarded a $50,000 grant from the College of Engineering’s Engineering for Innovation and Entrepreneurship (ENGINE) program, along with additional $25,000 from the College of Arts and Architecture, to pursue a concrete 3D printing project. The team—made up of faculty from the…
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Spectroplast AG, a spinoff from ETH Zurich specializing in silicone additive manufacturing, has secured €1.38 million through a seed funding round led by German investor AM Ventures. The investment will enable the company to scale up its 3D printing service for silicone parts and to further reinforce its position in…
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Organovo Holdings, Inc. today announced that it has engaged Roth Capital Partners as its financial advisor to assist in the exploration of strategic alternatives. This decision was reached by Organovo’s board of directors after concluding that the company had not generated decisive scientific data supporting the prolonged functionality and therapeutic benefit…
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Following the launch of its nTop Platform in July 2019, New York-based computational modeling software developer nTopology has gained significant momentum in the advanced manufacturing industry. Most recently, the company raised $20 million in funding, which will enable it to scale its business and offering. In the midst of the…
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SmarTech Analysis just released a new report on automotive additive manufacturing. This new edition follows the report published compiled last year, however, this is not just a new and updated edition. It is an entirely new report, which, for the first time, moves entirely away from AM for prototypes to focus…
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UK-based medical 3D printing company axial3D has secured $3 million through a recent funding round led by London-based Imprimatur Capital Fund Management. The investment will enable axial3D to accelerate the development and adoption of its automated 3D printing solution for the medical sector, which promises to advance the standards and…
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Boston-based 3D printing startup Fortify, known for its Digital Composite Manufacturing (DCM) technology, has raised $10 million through a Series A funding round led by venture capital firm Accel, with participation from Neotribe, Prelude Ventures and Mainspring Capital Partners. The capital, which adds to the company’s previous seed round worth…
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Researchers from the University of Pittsburgh’s reputable Swanson School of Engineering have been awarded over $1 million by the U.S. Department of Energy (DoE) and the university to develop a quality assurance method for additive manufacturing next-generation gas turbine components. The DoE, which supports various grant, loan and financing programs,…
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