AMT: on its way to unlock the “full potential of industrial additive manufacturing” with a further £2.5m

UK-based post-processing expert AMT secures a £2.5 million funding round, bringing the total amount raised by the company to more than £7 million.

This funding round is backed by NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. Other investors include Foresight Williams Technology; the government’s Future Fund; DSM Venturing, the global startup investment arm of Royal DSM; and private investors.

If you are not familiar with AMT’s post-processing offering, let us remind you that the company founded by Joseph Crabtree develops a line of post-processing solutions called PostPro which enables automated cleaning and depowdering of 3D printed parts. At the heart of PostPro, we find a Vapor Smoothing technology that enables to seal the surface, and offers an “injection molding look and feel” to 3D printed parts.

If the company’s technology is utilized across various industries all over the world, what raises further its interest is its real-life applications, its ability to make 3D printing viable for high-volume production across industries and partnerships with the likes of HP to provide industrial Post-processing.

This funding round comes to support the firm ambitions Crabtree shared with 3D ADEPT Media at the end of their busy and successful 2020 – a year where they saw their revenue doubled compared to 2019. Ambitions to become “the world’s first-choice application centric provider of end-to-end industrialized automated post-processing systems” and to “to unlock the full potential of industrial additive manufacturing and its sustainable impact.”

Nigel Owens of Mercia said: “AMT’s technology is accelerating the adoption of 3D printing and transforming manufacturing in many industries. The company has gone from strength to strength and the recent HP partnership deal is another major milestone, as it represents acceptance of its technology at the highest level. This latest funding is allowing AMT to capitalise on its successes and continue its rapid growth.”

The funding round follows the announcement of various financing options to acquire AMT PostPro systems. This service is provided by a third party company, Envision Capital Group, that has been operating for over 15 years and is only accessible to clients who are based in the USA and in Canada for now.

If further information has not been given on the specific nature of the financing options, when combined to this latest funding, it can only contribute to AMT’s growth on the AM market.

Remember, you can post job opportunities in the AM Industry on 3D ADEPT Media free of charge or look for a job via our job board. Make sure to follow us on our social networks and subscribe to our weekly newsletter : Facebook, Twitter, LinkedIn & Instagram ! If you want to be featured in the next issue of our digital magazine or if you hear a story that needs to be heard, make sure to send it to contact@3dadept.com