August 2021

Market and Technology News

August 2021

Market News

Titomic and Romar Engineering

Titomic and Romar Engineering gained combined total of AUD 8.1 Million to fund aerospace projects (August 5, 2021)

While Titomic intends to deploy its capital to bring a new line of aerospace components to market, Romar Engineering similarly plans to use its share to produce motion control parts for future space missions.

Read more (external Link)

Desktop Metal

Desktop Metal acquires binder jet 3D printing rival ExOne for USD 575 Million (August 12, 2021)

In a transaction that’s expected to be finalized in Q4 2021, Desktop Metal is set to pay ExOne shareholders USD 192 Million in cash and USD 383 Million in shares, valuing the firm at USD 575 Million.

Read more (external Link)

AREVO

AREVO raises USD 25 Million financing round (August 13, 2021)

The additive manufacturing composites company has closed a USD 25 Million financing round led by Khosla Ventures and with new participation from venture capital firm Founders Fund.

Read more (external Link)

Gelato

Gelato to expand into 3D printing with USD 240 Million funding round (August 17, 2021)

The Norwegian-born platform for shipping customized products, has raised USD 240 Million in funding to further tap into the growing “creator economy” and expand into new local production hubs and products, including 3D printing.

Read more (external Link)

Diamond Age

Diamond Age raises USD 8 Million to advance robotic 3D printing for affordable homes (August 23, 2021)

The robotics start-up has raised USD 8 Million in seed funding to advance its robotics technology and 3D printing capabilities. The firm will scale its current robotics platform and build a demonstration house spanning 1,100 square feet.

Read more (external Link)

Zetwerk

Zetwerk raises USD 150 Million to become on-demand manufacturing unicorn (August 24, 2021)

The india-based digital manufacturing service provider took its total value to USD 1.33 Billion after funding round led by U.S. hedge fund D1 Capital Partners, Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital and Accel Partners.

Read more (external Link)

ICON

ICON raises USD 207 Million to bring construction “into the modern world” (August 25, 2021)

The US-based firm USD 207 Million funding round was led by Norwest Venture Partners, which it says will help “bring housing and construction into the modern world.”.

Read more (external Link)

Go back to the news overview

Related topics

Additive Manufacturing start-ups

30. April 2020

Additive Manufacturing is a highly dynamic and innovative industry. This leads to start-ups that form the technology landscape. Emerging mostly from university background, start-ups are most active in area of system development. Other fields include software, materials and applications.

Additive Manufacturing market by material

6. November 2019

The metal Additive Manufacturing material market is expected to almost tripple in feedstock use in the next five years. Regardless the high growth, the feedstock accounts for only a very small fraction of the worldwide metal material market. Most of the alloy consumption in AM is driven by high end applications in aviation and medical. Thus, high strength and high temperature alloys are taking large shares.

Additive Manufacturing market by industry

30. October 2019

Many different industries have successfully adopted metal Additive Manufacturing. Medical and dental can be regarded as pioneering industry with serial productions starting in the early 2000s. Other industries, especially aerospace continue to play a strong part in metal Additive Manufacturing.

Additive Manufacturing industrialization

29. October 2019

Over 18 different metal AM technologies are currently known, which are in highly different stages of maturity. Processes like Powder Bed Fusion or Powder Laser Deposition are well-established in multiple industries and used in qualified productions of serial parts. Other AM technologies have just been introduced into the market or are still in a phase of development.

Additive Manufacturing Market By Technology

29. October 2019

The metal Additive Manufacturing technology market will face large shifts in distribution and usage of AM principles due to new and upcoming technologies entering the market. Today, the large majority of machines sold and used are Laser Beam Powder Bed Fusion systems. However, technologies such as Binder Jetting or Wire Arc Deposition will significantly increase their market share over the next 5 years.

Additive Manufacturing Market by Region

29. October 2019

At the early days of metal Additive Manufacturing, Germany was the leading market region with its first movers in LB-PBF technology CONCEPT LASER (now GE), EOS, REALIZER (now DMG MORI) and SLM SOLUTIONS. Hence, many pioneering users were located in Germany and Europe. By now, however, the market share is more evenly distributed with suppliers and buyers from all over the major industrial regions.