Market News |
LightForce Orthodontics |
LightForce Orthodontics raises USD 50 Million in series C funding to advance custom 3D printed braces (November 05, 2021) |
The provider of custom 3D printed orthodontic brackets, has raised USD 50 Million with the firm Kleiner Perkins as the biggest investor. The firm will look to offer training to orthodontists in order to maximize the technology for their patients, alongside continuing to scale up its operations and go-to-market efforts. |
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Immensa Technology Labs |
Immensa Technology Labs raises USD 7 Million in series A funding to expand capabilities in the Middle East (November 10, 2021) |
The United Arab Emirates-based 3D printing bureau has raised USD 7 Million with Energy Capital Group (ECG) as the biggest investor.The new funds will be used to further expand the company’s 3D printing operations in Saudi Arabia, which it will use as a launchpad to target international markets further afield. |
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MatterHackers |
MatterHackers awarded USD 5 Million NAVAIR contract to deliver Ultimaker 3D printers (November 12, 2021) |
The 3D printer and filament supplier has been awarded a five-year IDIQ contract to deliver fully-deployable 3D printing systems to US Navy and Marine bases across the US and overseas. Awarded by the Naval Air Systems Command (NAVAIR), and reportedly the largest military contract ever awarded concerning desktop 3D printers. |
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ASTM International |
ASTM International acquires Wohlers Associates to “enable the wider adoption” of 3D printing (November 17, 2021) |
The global standards developer has announced the acquisition of 3D printing consultancy firm Wohlers Associates at the Formnext 2021 trade show. The deal sees ASTM inherit custody of the Wohlers Report, a revered state-of-the-industry analysis that effectively captures the sector’s biggest challenges and opportunities every year. |
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nTopology |
nTopology raises USD 65 Million Series D funding to expand generative design platform (November 18, 2021) |
The engineering software developer has closed a USD 65 Million funding round, bringing the total amount raised by the firm to USD 135 Million. The funding round was led by Tiger Global and will be used to expand the firms generative design platform into new types of applications. |
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Trumpf |
TRUMPF to take full control of joint 3D printing venture with SISMA (November 25, 2021) |
The german machine tool manufacturer has announced the takeover of its joint venture with Italian 3D printer developer SISMA which will be official by the end of 2021. As part of the agreement, TRUMPF is set to begin marketing LMF machines to users in the industrial, dental and medical sectors. |
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