Money & Funding
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Generative design software developer nTopology has secured a significant investment worth $65 million through a Series D funding round led by Tiger Global. The money brings the company’s total financing to $135 million and will enable nTopology to further expand the scope of its applications and expand its global presence.…
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A consortium, led by Authentise, has been awarded a competitive grant by the UKRI’s Transforming Foundation Industries’ challenge, delivered by Innovate UK. The team of companies aims to develop and validate scalable digital tools to identify, create and enforce rules that reduce direct and indirect energy consumption and increase material…
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Global standards organization ASTM International completed the acquisition of Wohlers Associates, a pioneering firm in the additive manufacturing (AM) industry and creators of the Wohlers Report. The announcement coincided with the Standards Forum at Formnext 2021, the leading trade show for AM and next-generation intelligent manufacturing solutions. As part of…
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voxeljet, a provider of high-speed, large-format 3D printers and on-demand parts services, reported revenues for the third quarter slightly increased 0.6% to €4.938 million. Gross profit margin increased to 39.3% from 32.7% although systems revenues decreased 7.0% to €2.497 million. On the other hand, services revenues increased 9.9% to €2.441…
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In its second full quarter since going public and the third of the current fiscal year, Markforged Holding Corporation (NYSE: MKFG) reported a revenue increase of 53.8%, to $24.0 million, from $15.6 million in the third quarter of 2020 35.9%. For the nine months ended September 30, 2021, revenues were $64.6 million,…
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In the first nine months of 2021, SLM Solutions saw a continuation of the upturn in its business, which was particularly visible in the strong Order-Intake increase of 67%. In total, SLM received orders of €42.8 m in the first 9 months of 2021, compared to €25.6 m in the…
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GCC (Gulf Cooperation Council) based tech startup Immensa has successfully raised $7M in its latest funding round. The Series A round, structured by Gate Capital, was led by Energy Capital Group (ECG), Al Turki Ventures, and recorded participation from prominent investors including Shorooq Partners, Venture Souq, and Green Coast Investments.…
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In its first quarterly statement since officially going public, Velo3D reports strong Q3 results, with a 22% sequential revenue increase from Q2 and shipments up 50% YTD (15 in 2021 vs 10 in 2020) among the top highlights. Sapphire XC system soon to be released. “Our strong third-quarter results reflect…
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Materialise (NASDAQ:MTLS), a provider of additive manufacturing and medical software and of sophisticated 3D printing services reported financial results for the third quarter ended September 30, 2021, showing strong growth on all indicators, including revenues up 28.8% to euro 52.2 million. Executive Chairman Peter Leys commented, “While the COVID-19 pandemic…
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Conflux Technology – an Australian metal additive manufacturing (AM) innovator for heat exchangers, led by Michael Fuller – has recently secured funds from two investors, Germany’s AM Ventures and Australia’s Acorn Capital, totaling AUD$8.5 million in their Series A investment round. 3dpbm has just recently covered a very interesting application…
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