PostProcess Technologies Inc., raised $20M in a Series B funding round and announced an expansion into Europe via Cylaos & KMC.

The round is led by Grand Oaks Capital, an investment firm founded by philanthropist Tom Golisano, the founder of Paychex Inc. and former owner of the Buffalo Sabres NHL hockey team.

With this additional funding, the provider of automated and intelligent post-printing solutions for industrial 3D printing aims to develop the company’s full-stack solution of proprietary software, hardware, and chemistry with a focus on data analytics and machine learning. On the other hand, they will further develop their activities in other regions, especially in Europe.

Increase its global go-to-market activity

PostProcess invested in a new FINISH3D Benchmarking Lab supported by a substantial financial grant from the Région Sud Provence-Alpes-Côte d’Azur authorities. This technology demonstration and customer support facility will host benchmark test solutions as well as a training center for European customers, replicating its successful demonstration, benchmarking, and training center in its Buffalo, NY, USA headquarters.

We made the decision to set up our offices and lab in Sophia-Antipolis to capitalize on the capacity of the area to attract international talent with strong technological expertise that can serve the development of our operations,” said Bruno Bourguet, Managing Director of PostProcess Technologies International. “The area is also well-fitted to receive our global customers for demonstrations and training sessions, providing easy access through its international airport. We are very honored that the Région Provence-Alpes-Côte d’Azur authorities have selected our expansion project in their support program, as this will help accelerate our plans and solidify our presence in the territory.”

– PostProcess announced the expansion of its European Channel Partner network with the addition of two leading distributors. CYLAOS, a French-based engineering company specialized in 3D printing industrial deployment, will cover the French market with PostProcess solutions. In the Nordics region, KMC will serve PostProcess’ customer base as a specialist in surface treatment solutions. “As demand for our automated and intelligent post-print solutions rapidly expands across markets and geographies, we’re excited to bring highly experienced and reputable partners like CYLAOS and KMC on board,” commented Bourguet.

Jeff Mize, CEO at PostProcess Technologies, stated, “our automated solutions have proven mission-critical at over 100 companies and transformed the third step in the additive process. The global demand continues to increase, and we are pleased with the rapid expansion of our team, channel partners, and customer base in the EU.” Founder and CTO Daniel Hutchinson added, “as 3D printing’s growth into Additive Manufacturing expands its impact on business and the world at large, we are committed to providing a sustainable, data-driven solution that enables our customers to realize a fully digitized thread across the industry 4.0 additive workflow.”

You can now post free of charge job opportunities in the AM Industry on 3D ADEPT Media. For further information about 3D Printing, follow us on our social networks and subscribe to our newsletter : FacebookTwitterLinkedIn & Instagram !Would you like to be featured in the next issue of our digital magazine? Send us an email at contact@3dadept.com

3DA Solutions is a communication company that is committed to enabling companies from different industries to develop within their sector of activity. With a keen interest in new technologies, we support clients in the creation and implementation of their communication strategy and the creation of various contents. The company owns 3D ADEPT Media, a media that tracks and analyses the latest trends in the additive manufacturing industry. 3D Adept Media includes an online media www.3dadept.com , available in English, French, Italian & Spanish and a bimonthly magazine, 3D ADEPT Mag, available in English & French. Through these communication supports, we enable companies that specialize in Additive Manufacturing Technologies & companies that manufacture their products using 3D technologies to communicate about their activities and products, therefore to reach a target audience.