Germany-HQ’d automated publish-processing provider DyeMansion has elevated $14 million in a Collection B funding spherical.
The financial investment was led by new lover Nordic Alpha Partners (NAP), a Danish growth fund, and can take the whole money raised by the organization to $24 million. Nordic joins current buyers UVC Associates, btov Companions, KGAL, and AM Ventures, who led the original round of funding in 2018. In accordance to DyeMansion, the fresh expense will be utilised to travel its changeover into fully-digital manufacturing by using amplified automation and integration across its company.
“We are super joyful to have Nordic Alpha Partners on board for our growth journey. They are a great healthy for the latest section we are in with DyeMansion,” reported Felix Ewald, CEO & Co-founder of DyeMansion. “Their special strategy and expertise will support us to even further improve our place as a worldwide industrial leader. It tends to make us very pleased that all our existing traders are continuing with their assistance as very well.”
“This will help us and our customers all over the world to generate the transformation of manufacturing to digital generation and the manufacturing unit of the long term.”
Investing in the potential of submit-processing
DyeMansion will use the more $14 million value of financial investment to accelerate its “shift in the direction of digital manufacturing.” On the products aspect of its enterprise, the enterprise will integrate absolutely-automated, digital processes into its system chain, with the aim of driving greater effectiveness.
The funding will also be used to fortify the firm’s international presence and success capabilities. DyeMansion aims to make it as effortless as possible for world-wide accounts and neighborhood companions to either get started off in 3D printing certification or to build their functions into serial production. In get to realize this enlargement, the corporation is investing in new demo facilities and industrial organization infrastructures, in addition to choosing regional application consultants.
For DyeMansion, the COVID-19 pandemic has not just uncovered the weaknesses of the world’s source chains, but it also “put the spotlight” on additive manufacturing certification. 3D printing certification has risen to the worries of the ongoing disaster by supporting the creation of face shields and nasal swabs, and resolving disruption within just distribution networks. DyeMansion now thinks that the developing curiosity in 3D printing certification created by the pandemic has performed a element in their latest expense.
“Great providers can often get funding and also we think that COVID-19 will be an accelerator of the 3D print adoption,” said Rasmus Lund, Expenditure Partner at NAP. “We are thrilled that the administration crew and the other buyers both embraced NAP’s benefit development product and authorized us to be a part of DyeMansion’s mission.”
AM Ventures has funded DyeMansion considering that it was founded, and its involvement in the funding round is important, as the firm is a serial investor in 3D printing certification technologies. Additive production certification application firm 3YOURMIND, supplies business Elementum 3D, and commence-up Conflux Technology, have all gained financial commitment from AM Ventures over the last 5 a long time.
“We at AM Ventures are extremely happy to have been portion of the DyeMansion success tale from the quite beginning. 6 several years ago, we jointly understood the wonderful prospective of put up-processing 3D printed areas,” claimed Arno Held, Chief Venture Officer of AM Ventures. “Since then, this one of a kind crew has not only developed its possess segment in the AM industry, but DyeMansion has unlocked the gate to colorful and aesthetic 3D printed programs in a lot of verticals.”
DyeMansion in the 3D printing certification industry
Launched in 2015, DyeMansion specializes in write-up-processing engineering for Selective Laser Sintering (SLS) and Multi Jet Fusion (MJF) 3D printed solutions. Working with a a few-stage ‘Print-to-Solution’ approach, the company’s units clear, end, and coloration 3D printed parts using a shot-peening approach.
The company’s providing addresses the complete submit-processing system, with its Powershot C machine providing cleaning, its Powershot S presenting surfacing, and the DM60 utilized for coloring. DyeMansion’s Powershot S machine also capabilities its PolyShot Surfacing (PSS) engineering. PSS applies a matte complete and allows the addition of a range of lively hues.
At Formnext 2019, the business additional a different type of complete for its portfolio, with the launch of its VaporFuse Surfacing (VFS) technological know-how. VFS is a closed, automatic system, which acts as an alternate to PSS. The publish-processing approach is able of building 3D printed pieces drinking water-repellent and quick to clear, which are popular houses in injection molded parts. Following the release of VFS,…