3D printing company Headmade Materials secures EUR 8.25m funding in series A to scale-up their activities. The announcement follows the funding of EUR 5.85 million the company received from the EU Commission’s EIC Accelerator programme.
Additive manufacturing serial investor AM Ventures led the financing round with the amount of 2.5m€; an amount that was completed by existing shareholder, the btov Industrial Technologies Fund.
As a reminder, the ColdMetalFusion 3D printing technology from Headmade Materials enables the leap into series production of 1,000 to over 100,000 parts by combining existing standard processes of plastic 3D printing (SLS) with Powder Metallurgy processes (debinding & sintering). This enables the economical production of larger series and greatly simplifies process integration for customers. Powder Metallurgical companies such as Plansee, Element22 or MIMplus already extensively use the process from Headmade Materials. Other industry leaders are currently in the process of implementation.
Headmade Materials will use the additional funds to provide international users access to the technology and to greatly expand production capacities for its own feedstock material. On the product side, further materials and alloys will be released and optimized hardware will be made available in cooperation with partners.
“We have been observing Headmade Materials for quite some time and are impressed by the company’s development in the last few years. The great scope of applications the technology enables and the successful projects that the team of Christian Fischer and Christian Staudigel have carried out speak for themselves. We are very excited to now have become part of the Headmade journey and to take the next steps together,” says Arno Held, Managing Director of AM Ventures.
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