Money & Funding
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Aurora Labs Limited, an Australian company which developed a unique, multi-layer process for metal powder bed fusion technology, has successfully completed a bookbuild for placement of 13,157,895 shares at an issue price of $0.38 per share to institutional and sophisticated investors to raise $5 million before costs. “The strong support…
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Adaptive3D, a Texas-based supplier of additive manufacturing polymers, has announced the closing of a Series A funding round co-led by DSM Venturing, the investment arm of Royal DSM, and Applied Ventures, LLC, the VC arm of materials engineering company Applied Materials. The investment will enable Adaptive3D to keep delivering 3D…
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Israeli 3D printing company Nano Dimension Ltd. is flying high into the new year. The company, known for its electronics 3D printing technology, announced that it expects its total revenue for 2018 to be in the vicinity of $5.1 million, nearly six times more than its reported revenue for 2017…
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Industrial 3D printing company Essentium, Inc. reported today it has raised $22.2 million through a Series A funding round led by BASF Venture Capital. Other investors that participated in the investment round include Materialise, Genesis Park and other existing seed round investors. The large investment will enable Essentium to scale…
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Burlington-based Desktop Metal has received $160 million through a recent investment round led by Koch Disruptive Technologies (KDT). The significant funding will enable the company to advance the commercialization of its metal 3D printing products around the globe. Not only is the funding round in itself an achievement for Desktop…
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UK-based AM software company AMFG has received funding and support from the UK’s Research and Innovation agency, Innovate UK. The funding will enable AMFG to accelerate the development of its AI and machine learning software for additive manufacturing. Though the amount of funding from the government agency has not been…
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Boston-based composite 3D printing startup Fortify has raised $2.5 million through a recent seed funding round. The funding came from a variety of investors, including Neotribe Ventures, Prelude Ventures, Mainspring Capital, Ocean Azul Partners and McCune Capital. A young company, Fortify is becoming known for its patented Fluxprint technology, a…
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Open Bionics, a UK-based company that develops low cost 3D printed bionic hands, has raised a whopping £4.66 million ($5.9 million) through a recent investment round. Investors include Foresight Williams Technology EIS Fund, Downing Ventures, Ananda Impact Ventures and Rathbone Nominees. The £4.66 million will enable Bristol-based Open Bionics to…
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America Makes has announced GE Global Research as the awardee of a Directed Project Opportunity for the acceleration of large scale additive manufacturing (ALSAM). GE Global Research, along with its partners at the Applied Research Laboratory (ARL) at Penn State and GE Additive, was awarded roughly $2.6 million in funding…
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Italian 3D printer manufacturer Roboze has just announced the close of its first funding round. The three-year-old company has done exceptionally well, raising €3 million from Equiter SPA, a leading investment firm for research and innovation in southern Italy. The funding, along with Roboze’s continued sales, are setting up the…
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