PostProcess Technologies, a provider of automated and intelligent post-printing solutions for AM, is the fourth company that benefits from NY Ventures’ investment. NY Ventures is a program of Empire State Development, New York’s chief economic development agency.
While it is not the first time NY Ventures invests in PostProcess Technologies, the present investment is made as part of the company’s series C funding round.
How the funding will support development
PostProcess Technologies plans to use the Series C funding to further enhance its product offerings, expand its market reach, and continue to build the infrastructure to rapidly scale the company. The additional investment from NY Ventures will play a pivotal role in propelling the company towards its strategic objectives and extending its position as a key player in post-printing automation.
“We are thrilled with the continued support of NY Ventures as we enter this exciting phase of growth,” said Jeff Mize, CEO of PostProcess Technologies. “This investment underscores the significance of our technology in revolutionizing the additive manufacturing landscape. It will allow us to continue to attract the best & brightest talent and capitalize on new opportunities to drive innovation at an accelerated pace.”
With this investment, NY Ventures is reaffirming its dedication to advancing New York’s position as a global hub for entrepreneurship and technology-driven innovation.
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