Already known in the AM industry for their unique ‘Print-to-Product’ workflow, post-processing specialists DyeMansion have now secured a $5mio Series A funding to expand their global business and extend their portfolio. The next milestone for the Munich-based team will be developing a groundbreaking finishing technology for achieving injection molded surface quality on 3D printed polymer parts.
DyeMansion was originally seed funded by AM Ventures and has since established itself as a provider of effective and highly automated coloring and finishing technologies for laser-sintered polymer parts. “We have been supporting DyeMansion from the early beginning as a seed investor and we are very proud to seeing this extraordinary team growing successfully into a mature, professional and still one-of-a-kind company,” said Arno Held, Chief Venture Officer of AM Ventures. “This funding round – he added – is also a fantastic statement for Munich as the world’s leading region for industrial Additive Manufacturing Technology.”
Now Financial investors Unternehmertum Venture Capital (UVC Partners) and btov Partners (btov Industrial technologies Fund) have joined forces with AM Ventures in order to get DyeMansion funding to get started on to fund the next phase of the company’s growth, through this latest Series A financing round.
Within the past three years, DyeMansion has won more than 400 customers all over the globe that already benefit from their technology. Among them, global players like BMW, Daimler, Under Armour, HP, Shapeways, Materialise, FKM and many more. The team has learned from these early adopters about the demand for the digital factory of the future. Philipp Kramer, CTO and Co-founder of DyeMansion said the new funds will be used to increase, R&D capacity in order to raise the bar in post-processing automation and to provide the best possible end-use part finish for every application. “With AM Ventures and our new investors, we have found the right people and expertise to accelerate our global rollout and to develop more technologies and industry 4.0 solutions. To have such experienced partners on board will help a lot along this journey,” added CEO and co-founder Felix Ewald.
Benjamin Erhart, Partner at UVC Partners explained that the investment was driven by the conviction that 3Dprinted polymer parts will find their way into serial production worldwide and that DyeMansion not only serves but also enables this market. TheIndustrial Technologies Team at btov Partners also was impressed by the enthusiasm, execution and innovation capability of DyeMansion’s team. This investment perfectly matches the strategy of the btov Industrial Technologies Fund to back ambitious entrepreneurial teams focusing on hardware and software innovations with industrial use cases,” said Robert Gallenberger, Partner in the Industrial Technologies Team