Industrial 3D printing system and material developer INTAMSYS has successfully secured an undisclosed amount of Series A funding. The round was led by venture capital firm CWB Capital, whose mission it is to create “a sustainable smart manufacturing ecosystem” between China, Hong Kong, and global technology.
According to INTAMSYS CEO Charles Han, the money raised will be used to help its customers create and integrate 3D printers into digital supply chains, and boost the capabilities of mass customization through R&D and market deployment.
High performance 3D printing
INTAMSYS was founded by a team of engineers with over a decade of experience in the technology industry. Headquartered in Shanghai, the company is known for bringing high-performance polymer 3D printing to the desktop through the FUNMAT PRO and FUNMAT PRO HT systems.
In materials, the company recently added PEKK to its portfolio, alongside other industrial grade polymers PEEK, ULTEM 9085, ULTEM 1010, PPSU and PSU.
In total, the FUNMAT PRO and FUNMAT PRO HT systems can work with over 20 functional materials, including the three most widely used engineering grade polymers, PC, ABS and Nylon.
The company’s material expertise is now also available through the INTAMSYS on demand manufacturing service, offering accuracy, consistent quality, intricate detail, optimal and repeatable mechanical properties as key features.
Engineering grade solutions
INTAMSYS 3D printers are trusted around the world by professionals in aerospace, automotive, medical, engineering, oil & gas, electronics, education and research industries. Customers of the company include American multinational conglomerate Honeywell, chemical manufacturing company Sabic, the UK Atomic Energy Authority and global manufacturing services company Jabil.
The wide-ranging international clientele aligns perfectly with the aims of CWB Captial. Prof. Li Zexiang, co-founder of the firm that led INTAMSYS’ series A, comments:
“We see tremendous potential from INTAMSYS in excelling and eventually leading in the era of Industry 4.0 given the company’s current position as an industry leader in PEEK 3D printing, offering customized high-performance functional materials additive manufacturing solutions to the industries.”
Find out more about INTAMSYS 3D printers, materials and services here.
To stay up to date with business movements and more subscribe to the Industry newsletter, follow us on Twitter and like us on Facebook.
Sign up to Jobs to post and find new opportunities near you.
Featured image shows the INTAMSYS FUNMAT HT. Photo via INTAMSYS
Leave A Comment