Industrifonden invests $1.5 million in Freemelt’s open source EBM technology Additive Manufacturing
Industrifonden, a venture capital investor based in Stockholm, led an investment round for 15 million SEK (Swedish Krona), about $1.5 million, to finance metal 3D printing company Freemelt. The money intended to fuel the next phase of the company’s growth, driving the metal 3D printing revolution forward with the development of the Freemelt One system. Freemelt is a Swedish company that is developing the first open-source EBM 3D printer, following the original patents on EBM expiring in 2016.