Blog Menu

Venture Funding for 3D Printing

January 14, 2018

Filed under: 3D printing,additive manufacturing,money — Terry Wohlers @ 10:40

As a company, we pay attention to venture capital funding for 3D printing and additive manufacturing companies. We do not measure and compare the value of venture funding from one period to the next, although we have sensed an upswing in recent months. For example, Carbon announced a $200 million round of funding in December, and this is on top of the $220 million the company had previously secured.

In July, Desktop Metal said that it had raised an additional $115 million in venture funding. Since its founding in 2015, the company has attracted a total of $212 million. In November, Markforged stated that it had raised $30 million. A month earlier, it was published that Dutch 3D-printed optics company Luxexcel received EUR 4 million in venture capital, which came after an investment of EUR 8.5 million in Q2 2017.

Other types of investments are also underway. In September, it was announced that S$60 million (US$44.5 million) is going into an aerospace facility in Singapore for the development of new technologies, including AM. In December, GE Additive said it had invested $15 million into the company’s first European Customer Experience Center in Munich, Germany. In Q3 2017, Merck of Germany opened a EUR 20 million incubator in Israel that focuses on disruptive materials and innovative technologies that include AM.

Voestalpine is investing EUR 20 million to expand its AM metal powder production facilities in Austria and Sweden. This brings the Austrian company’s total investment in AM to EUR 50 million. Meanwhile, HeyGears, a Chinese manufacturer of wearable technology products, such as custom earphones, will invest $149 million in a 3D printing facility in Guangdong, China.

The 3D printing industry is being propelled to the next level, largely by the investment community. A strong flow of venture capital and other types of investment are finding their way into start-up companies, new products and services, and centers of excellence. With the stock market booming, coupled with corporate wealth generation, I do not see it slowing down any time soon.