Money & Funding
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The decision by Microsoft and Autodesk to not take out a major sponsorship for this year’s Bay Area Maker Faire proved to be the tipping point for Maker Media, forcing the company to shut down. Dale Dougherty, founder of the company that published MAKE magazine and ran the Maker Faire…
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TTWiiN Investment Partners, the innovation investment arm of Thornton Tomasetti, a global leader in the design and optimization of structures and systems, is the latest investor in XtreeE, the Paris-based technology company focusing on large-scale 3D-printing solutions for the architecture, engineering and construction industry. Terms of the transaction were not disclosed. XtreeE’s…
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The Motley Fool, via its author profile Beth McKenna, believes that a Carbon IPO could be nearing. The Silicon Valley-based 3D printing unicorn exploded onto the tech scene in 2015 and is best known for partnering with adidas to mass produce 3D printed midsoles for running shoes. The Motley Fool is a…
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On-demand manufacturing service Xometry has brought in a whopping $50 million through a recent funding round, which will enable it to expand its business. The company provides advanced manufacturing services, including additive manufacturing and CNC machining, to its customers in a range of industries. The Series D funding round was…
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Increased net sales, profit, acquisitions and new products on the way to fuel an active and healthy global community of users and resellers. Swedish bioprinting startups CELLINK presented the results for the second quarter of fiscal year 2018/2019, showing continued growth profit. In the second quarter alone, net sales amounted to €2.3…
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The Innovation for Manufacturing SMEs (I4MS) program has announced the availability of €300,000 in EU funding to accelerate the competitiveness of small and medium-sized businesses in the 3D printing sector. The funding will be allocated based on an AMable call which invites SMEs from across Europe to submit “proposals that…
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SLM Solutions Group AG has received a capital injection of €13 million will continue to fund growth and development projects. The funds came from Elliott, SLM’s largest shareholder, together with ENA Investment Capital. In 2014, an activist fund tied to Elliott was responsible for foiling the acquisition by GE (which then…
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Prodways fiscal 2018 closed with impressive results, almost doubling the previous fiscal year and recording revenues of €60.9 million, compared to €34.8 million in 2017. This marked a up 75.0% year-on-year increment and exceeded the annual target of €58 million, which had previously been upgraded. This increase reflects growth in…
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It is known that the stock market does not necessarily follow “real industry” trends. Voxeljet is no exception. After overcoming startup challenges, the German large format binder jetting company has been growing steadily, with voxeljet fiscal year 2018 closing at +12.2% and some $26 million in generated sales, after a…
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Born as a University research group in Barcelona, BCN3D has sold some 5,000 3D printers to date to clients such as BMW, Samsung, Louis Vuitton, Nissan, NASA, HTC, SEAT and ALBA Synchrotron, building a global network of 60 distribution partners. Now the research group that invented the IDEX 3D printing technology…
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