3D Printing Funding Ventures – Israeli Firm Receives $25 Million

Posted by on May 9, 2017 in 3D Printers, Financing

3D Printing Funding Ventures – Israeli Firm Receives $25 Million

XJet is an Israeli 3D printing company that places an emphasis on metal 3D printing and is also the 4th most funded 3D printing company in 2016 (Formlabs was 3rd). To date they have raised $25 million through one round of venture funding. The Company boasts the “world’s first direct 3D metal jetting system,” driven by their innovative NanoParticle Jetting technology. While most metal 3D printers require that the operator handle metal powders which can be dangerous, the XJet system delivers the required metal nanoparticles in sealed cartridges, which are then easily loaded into the XJet system. In that way, the XJet system isn’t much more difficult to use than your standard desktop inkjet printer. The system allows for complete design freedom with no geometric limitations. NPJ is entirely unique from other metal printing technologies both in terms of process and output. XJet claims unprecedented layer thicknesses of 2 microns, unheard of in metal 3D printing, and printing speeds five times faster than laser sintering techniques. The speed of the process is further enhanced by the lack of post-processing required. The company also recently announced that their printers were capable of 3D printing ceramic objects, and said that they are targeting ceramic 3D printing for dental, medical and some industrial applications. According to the 3D Printing Trade Association “Xjet is typical of the types of deals that are being funded now. Superior technology that the market can quickly...

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3D Printing Investments – Google, Autodesk & GE Investing in Technology, Printers, Software and Start Ups

Posted by on Jun 29, 2014 in Financing, Investing

3D Printing Investments – Google, Autodesk & GE Investing in Technology, Printers, Software and Start Ups

Google Google has already shown a great deal of interest in 3D printing. In fact they are working on what could be a multi-billion dollar project, with 3D Systems on “project Ara”. It is unknown what, if anything, Google has contributed to the development of the new technology that is coming, but if Project Ara is a success, we could see Google begin spending heavily on R&D related to mass production 3D printing. This wasn’t Google’s only foray into getting involved with 3D printing. In fact, just a couple weeks ago, Google announced that they had partnered with 3D printing service provider Shapeways to print free bracelets out for young women, in their initiative to get more school-aged girls interested in coding. Google has billions of dollars in cash, and isn’t afraid to spend it like some other companies. What may be the entire annual revenue stream of a company like 3D Systems, is pocket change for Google. They could pump $1 billion into 3D printing R&D and shareholders would barely notice the money missing. General Electric GE has known for years that 3D printing would play a part in manufacturing in the coming years. The company is already spending decent money on additive manufacturing, but as they begin seeing a point where 3D printing’s benefits are greater than that of traditional manufacturing, they will begin ramping up their R&D budget. Just as with Google, GE could drop a billion dollars a year into R&D and very few would notice. For a company as large as General Electric, in house, company developed, 3D printers may work best, as they need specialized parts made to cater to their specific needs; parts which currently may not be able to be produced with machines on the market today. As GE begins investing heavily into the technology, this will spur on comparable investments from competing corporations among a variety of industries. AutoDesk The significance of Autodesk is the fact that they are currently the largest company in the United States, and perhaps even the world that is producing a 3D printer. Earlier this year the company, known for their CAD software, unveiled details on their upcoming SLA 3D printer, aimed towards consumers and small businesses. Why this matters, is that overnight the large 3D printing companies like 3D Systems and Stratasys, suddenly found themselves competing with a company more than twice as large as them. This will do two things in helping to spur on R&D into the space. First, the long time players in the field, such as Stratasys and 3D Systems, will now feel that they need to up their research budgets, and second, if it’s a success, Autodesk’s maneuver will prove to other large companies like the Apples, IBMs, Googles and Microsofts of the world, that maybe it is time for them to consider entering the consumer side of things....

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3D Printing Aquisitions – Will Stratasys Get Bought?

Posted by on Jun 9, 2014 in Business, Financing, Uncategorized

3D Printing Aquisitions – Will Stratasys Get Bought?

Well, and rumors have once again begun to pick back up. This morning several websites reported that there were takeover rumors spreading through the market. Also, RanSquwk sources noted unconfirmed takeover interest in Stratasys today. Active call volume on the stock also suggests that traders are taking positions for a large price movement in the future. Shares of Stratasys (NASDAQ:SSYS) hit a low for the day, at $90.41 per share at around 10:50 AM EST. Within a 30 minute period, shares spiked 3.4% to $93.49, as rumors began making their way to those trading the stock. This isn’t the first time these takeover rumors have happened. Walmart has been a company whose name has been thrown around in regard to these latest rumors. Last week at the Code Conference their CEO, Doug McMillon was quoted as saying the following, regarding possible acquisitions. (Note that these comments were made within minutes of McMillon stating that he was very interested in 3D printing.) “It’s clear we need to change, and we need to change fast,” said Mr. McMillon.“We’ve been more acquisitive lately, especially for talent. Our pace of acquisitions, I think, is going to accelerate.” William Dante, at the Association of 3D Printing feels that there are “many takeover opportunities right now because the large players are coming in and being financed by the capital markets.” When asked specifically if any of these acquisitions would be related to 3D printing, McMillon’s reply was, “it might make...

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3D Printing Venture Capital – Are VC’s Hot To Invest in 3D Printing?

Posted by on Apr 23, 2014 in Financing, Investing

3D Printing Venture Capital – Are VC’s Hot To Invest in 3D Printing?

Despite the buzz around 3D Printing, VCs sat on the sidelines through most of 2012. MakerBot’s acquisition by Stratasys (deal value of $403M which could climb to $603 million with performance earnouts) was one of the highlights in 2013 which also see VCs come around to 3D printing. Funding growth YoY stood at 319% and deals also grew by nearly 88% in the same 12 month period. In the past two years Shapeways,received a $6.2M Series B in June 2012, and a $30M Series-C in April 2013. Early-stage investment funding tallies were driven largely by Matterport’s partial Series A of $2.8M, and Formlabs $19M Series A financing. The 2 rounds cumulatively made up almost 45% of total early-stage funding dollars deployed in the space. The large proportion of early-stage seed and angel deals in the past four quarters highlights the relative nascency of the space. 3D Printing news touts the benefits of the industry, and investors haven’t been ignoring it. Much like the early-stage funding breakout, a few major deals drove the bulk of the investment dollars in each region for 3D printing. Silicon Valley led the pack with 22%, with NYC coming in a close second with nearly 17%. A a large percentage concentrated in the “other” category which indicates a number of the deals are happening outside the main US venture hubs. There were only three exits in the past four quarters in the 3D Printing space. Acquisitions of MakerBot Industries, Arcam, and an IPO by German large-format 3D printer manufacturer, Voxeljet. Despite exits being down 70% year-over-year, the $403M (potentially $604 million) purchase of MakerBot Industries by Stratasys in August 2013 marked the largest M&A deal in recent years. While traditional venture capital continues to fund companies within the space, 3D printing startups aiming to create affordable 3D printers have found great success on crowdfunding platforms such as Kickstarter. Whether the capital that these companies receive from the campaigns leads to more venture funding (as was the case with FormLabs and their Form1 printer which raised $2.95M in October 2012 on Kickstarter), or allows the founders to focus on growing a company without dilutive capital remains to be seen. See below for a breakdown of recent 3D printing crowdfunding successes. Will crowdfunding overtake VC’s...

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3D Printing Investments – Multi Billion Dollar Firms Buying Into 3D Printing Firms

Posted by on Apr 17, 2014 in Financing

3D Printing Investments – Multi Billion Dollar Firms Buying Into 3D Printing Firms

ABB Technology Ventures (ATV) announced its 17th investment, a Series B financing of Persimmon Technologies, creator of a new high precision industrial robot and developer of breakthrough 3D printing processes using air fuel deposition to literally ‘print’ higher performing metal motor components. Since launching in 2011, Persimmon has been developing in conjunction with its core vacuum robotics business this deposition process, a novel approach to making motor components that aims to increase power density, eliminate manufacturing steps and reduce costs, funded in large part by NSF grant money. ATV is the VC arm of Swiss engineering giant ABB and has had an active presence in the D.C. area, thanks to senior vice president, Grant Allen, formerly with Core Capital Partners and a founding member of NextGen Angels. ABB is a $40 billion revenue industrial conglomerate based in Zurich, Switzerland, and Persimmon’s ‘Hybrid Field’ 3D technology is of prime interest to this leading motor maker. In 2010, ABB acquired Baldor Electric Company, a producer of industrial electric motors, mechanical power transmission products, drives and generator sets for $4.2 billion. ABB is also a world leader in larger scale, 6-axis industrial robots. You can, for instance, see ABB robots featured in “Iron Man 3” as Tony Stark’s virtual ‘assistants.’ As 3D printing media predicted : here we have it. A $40 billion conglomerate. Bigger than all the 3D printing firms put together investing in this technology. And investing in a pure play 3D printing...

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3D Printing Market Increases Through Fast Technical Development

Posted by on Mar 15, 2014 in Financing, Investing

3D Printing Market Increases Through Fast Technical Development

These continuous technological developments have helped 3D printing to move towards mainstream industrial manufacturing. Moreover, the benefits provided by this techniques with regards to the traditional manufacturing methods (injection molding, CNC machining, vacuum casting) have made it a more favorable, quicker, and less expensive option for manufacturers, worldwide. 3D printing has a huge growth potential, especially, in markets that are characterized by low volume, complex architecture and highly individualized applications. The main driving factors responsible for the explosive growth of the 3D printing market include new and improved technologies, variety of materials ranging from polymers to living tissue, supportive regulations, government funding, and huge untapped market. Among all the application sectors, automotive industry, consumer products, aerospace, and healthcare have contributed the largest market share. Moreover, aerospace and healthcare are estimated to grow exponentially in the coming future. In geographical analysis of the 3D printing market with regards to the 3D printers, materials and related services-the Americas have been accounting for the largest market share followed by Europe. However, Europe and APAC are expected to be the fastest growing market in the coming future. Supportive government policies, increased financial investments by governments, and huge R&D activities are the major reasons behind this tremendous growth. Some of the major players in the 3D printing market include 3D Systems (U.S.), Stratasys (U.S.), ExOne (U.S.), Arcam (Sweden),Optomec (U.S.), EnvisionTEC (Germany), EOS (Germany), Layerwise (Belgium), microTEC (Germany), and Materialise (Belgium), among...

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