| Market News |
| Additive Manufacturing Technologies |
| Additive Manufacturing Technologies (AMT) closes GBP 2.5 million funding round (March 3, 2021) |
| The latest funding led by NPIF-Mercia Equity Finance raises the total amount raised by AMT to more than GBP 7 million. The funding will support AMT in unlocking the full potential of industrial AM and its sustainability through product development and company growth. |
| Read more (external link) |
| AM Ventures |
| AM Ventures launches EUR 100 million venture capital fund for industrial AM (March 08, 2021) |
| AM Ventures, along with its major shareholder the Langer Group, has partnered with KGAL. The fund of EUR 100 million is expected to strengthen seed and early-growth stage hardware, software, materials and applications in global AM. |
| Read more (external link) |
| Fortify |
| Fortify secures USD 20 million in Series B funding led by Cota Capital (March 18, 2021) |
| The funding round was led by Cota Capital and received participation from Accel Partners, Neotribe Ventures, and Prelude Ventures. Fortify intends to transition to volume manufacturing of its Flux Series 3D printers as well as focus on high-value application areas and high-value material development programs. |
| Read more (external link) |
| ValCUN |
| ValCUN raises EUR 1.5 million for advancement of energy-efficient 3D metal printing (March 22, 2021) |
| The Belgian start-up is developing an unique 3D metal printing technology. Based on a non laser-based heating input, energy and cost savings are facilitated whilst shape requirements for filler materials are eliminated. ValCUN aims to expand towards the automotive, energy and robotics industry. |
| Read more (external link) |
| Velo3D |
| Velo3D becomes public company at an enterprise value of USD 1.6 billion (March 23, 2021) |
| Velo3D and JAWS Spitfire Acquisition Corporation have entered into a definite business combination agreement. The transaction values the combined company at an enterprise value of approximately $1.6 billion and is expected to occur in the second half of 2021. |
| Read more (external link) |
| SLM Solutions |
| SLM Solutions to achieve 26% revenue growth in FY 2020 (March 25, 2021) |
| SLM Solutions has generated revenues of EUR 61.8 million in 2020, representing a 26% revenue growth. For 2021, a revenue growth of at least 15% compared to 2020 is expected. The successful commercialization of the NXG XII 600 is considered a business growth driver for the upcoming years. |
| Read more (external link) |
