Spectroplast AG, the Silicone Additive Manufacturing Spinoff from the university ETH Zurich, just secured a €1.38 million seed funding round led by the Munich-based investor AM Ventures.
The company has built a strong ecosystem in the AM industry with strategic investments and a strong partner network. Other companies backed by the strategic investor include 3YOURMIND, DyeMansion, and Exmet AB.
Spectroplast aims to scale up its Silicone 3D Printing service while enhancing people’s lives through its products. Customized Silicone healthcare products are a key area of focus for Spectroplast, whose goal is to have a positive impact on the needs of patients today.
“Spectroplast’s introduction of Silicones to the world of Additive Manufacturing is well-timed with a rapidly growing demand for customized Silicone products observed not only in the healthcare sector but also in many other markets,” said Johann Oberhofer, Chief Technology Officer at AM Ventures.
Manuel Schaffner, Chief Executive Officer and Co-Founder of Spectroplast AG added: “The traction in the market is shown by our growing customer base. It is our defined mission to become the world’s leading provider of customized Silicone products. This will impact many industries around the globe.”
Spectroplast AG was incorporated in September 2018. In less than a year, the company’s innovation in Silicone 3D Printing has already been acknowledged by the community and counts the CES Asia Innovation Award among its recognitions.
Spectoplast CEO Manuel Schaffner stated: “As an emerging industry, we are just starting to understand how powerful 3D Printing of functional products will become when it is combined with the massive potential offered by industrial scale production. Having the financial support and domain expertise of AMV will help us execute our mission even more rapidly and broadly.”
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