A funding of $5M in series A to go global, the challenge of 3D printing startup DyeMansion
Munich-based 3D printing startup secures $5M in series A funding to implement an internationalization plan. Financial investors Unternehmertum Venture Capital (UVC Partners), btov Partners (btov Industrial technologies Fund) as well as AM Ventures help the company to reach this goal.
DyeMansion is known in the 3D printing industry for its ‘Print-to-Product’ workflow. The company now aims to develop a finishing technology for achieving injection molded surface quality on 3D-printed polymer parts.
In three years, DyeMansion has convinced over 400 customers around the world. Among them, leading players of the industry such as BMW, Daimler, Under Armour, HP, Shapeways, Materialise benefit from its technology.
“With AM Ventures and our new investors, we have found the right people and expertise to accelerate our global roll out and to develop more technologies and industry 4.0 solutions. To have such experienced partners on board will help a lot along this journey,” emphasized Ewald, CEO & Co-founder of the company.
“Thanks to our customers and partners we have learned a lot about the demand for the digital factory of the future. With the new funds, we will expand our 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. Our new system for getting completely smooth surfaces on AM plastics will demonstrate DyeMansion’s capabilities once again,” says Philipp Kramer, CTO and Co-founder of DyeMansion.
The 3D printing company will certainly very soon unveil its new portfolio. #StayTuned
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