Money & Funding
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Less than five years since it was founded by a young team looking to produce and sell bioinks to the then very young bioprinting market, CELLINK is moving up to the NASDAQ Stockholm Main Market Mid-Cap In this short time span, the firm that originated in Gotheborg, Sweden expanded operations…
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3D Hubs, a Netherlands-based online manufacturing platform, has launched the COVID-19 Manufacturing Fund in an effort to support initiatives that are tackling the lack of much-needed medical supplies across the globe. The company says the fund will provide resources to these projects, enabling them to scale up the production of…
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The business potential of the different 3D printing segments is usually estimated by combining the revenues associated with hardware and materials – which are more easily quantified – and sometimes those associated with AM service providers. However, all AM adopters know well that the real value of 3D printing is…
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Australian metal AM company Titomic has signed a AUD $25.5 million (approx. $16.76M) equipment sales agreement with Composite Technology, a global defense supplier. Through the contract, Titomic will deliver two metal additive manufacturing systems to the company—specifically, two of its Titomic Kinetic Fusion (TKF) machines. The major deal, which generates…
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Massachusetts-based 3D printing company Markforged has received an undisclosed investment from In-Q-Tel, Inc. (IQT), a not-for-profit investor whose mission is to support high-tech companies with cutting-edge technologies that could benefit the CIA and other U.S. government intelligence agencies. The collaboration between Markforged and In-Q-Tel will further enable the U.S. government…
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WAAM3D Ltd has secured what it calls a major investment from Singapore-baed engineering and technology company Accuron Technologies Ltd. The backing, raised through a Series A funding round, will enable the company to speed up the commercialization of its Wire-bAsed Additive Manufacturing (WAAM) technology for the aerospace and energy sectors,…
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Canadian materials science company Equispheres has been granted $8 million in funding from Sustainable Development Technology Canada (SDTC). The backing will enable Equispheres to scale up the production capacity for its metal additive manufacturing powder over the course of the next two years. The SDTC is a government agency that…
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Elementum 3D, Inc., a Colorado-based R&D company specializing in the development of advanced metals and composites for additive manufacturing, has received an investment from trading firm Sumitomo Corporation of Americas (SCOA). The backing will enable Elementum 3D to expand its marketing and sales efforts for its proprietary metal powder technology.…
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Germany generated around €1 billion in AM-related revenues during 2019 according to the latest estimates from 3dpbm. These estimates are based on SmarTech Analysis’s latest report which sees the overall global AM industry (including AM hardware, materials, AM software and AM services) topping $10 billion in 2019. Let’s take a…
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Aspect Biosystems, a Canadian biotech company specializing in microfluidic 3D bioprinting, has raised $20 million (USD) through a Series A investment round. The funding will enable the bioprinting company to accelerate its work by advancing multiple tissue therapeutic programs, expanding its technology platform and growing its team. The $20 million…
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