News and Insights of 3D Printing and Manufacturing
Total revenues at voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services, increased 14.3% to €4.6 million. The Voxeljet Q1 2022 results are due to an impressive YoY jump in the services revenues category, where sales in the quarter grew by 63.3%. The downside of that is that hardware revenues are down by 32.1%.
Apis Cor is the first construction 3D printing pure player to receive official Regulation A+ qualification by the SEC to begin offering shares to both accredited and non-accredited investors. Regulation A is an exemption from registration for public offerings with two offering tiers: Tier 1, for offerings of up to $20 million in a 12-month period; and Tier 2, for offerings of up to $75 million in a 12-month period.
3YOURMIND, a US-German software company in additive manufacturing, closed a new Series A+ financing round with two prominent European investors. LBBW VC, the venture capital arm of Landesbank Baden-Württemberg, is strategically focused on supporting highly innovative companies with scalable B2B business models in emerging markets. Verve Ventures, located in Switzerland, is one of the leading European investors with extensive reach to new market opportunities enabled by its digital venture capital platform.
Danish robot 3D construction printer company COBOD International A / S, which produces large 3D printers for robot printing of buildings and wind turbine towers in concrete, submitted the financial accounts for 2020, which show that COBOD fiscal 2020 results generated profits of 9.3 million DKK (about €125,000), being profitable for the second year in a row after growing almost 100% (from 4.9 million DKK, about €65,000).
Oqton, a software company specializing in AI-powered solutions for the manufacturing industry, has raised over $40M in a Series A financing round, led by Fortino Capital, a leading B2B software investor, by PMV, the regional Flemish investment fund, and by Sandvik, a global engineering group. In particular, Sandvik—which manufactures AM powders and provides metal AM services— also acquired a minority stake in the company.
3YOURMIND, a provider of enterprise software for automating additive manufacturing workflows, has secured a $5.5 million investment through a Series A+ funding round led by EnBW New Ventures (ENV), the venture arm of EnBW AG, one of the largest utilities companies in Germany. The financing round also saw additional contributions from existing investors UVC Partners, TRUMPF Venture, coparion and AM Ventures.
Engineering software developer nTopology has announced the closing of a $40 million Series C funding round led by Insight Partners, a NYC-based global venture capital and private equity firm. The significant investment, also supported by Grant Verstandig, Root, Canaan, DCVC and Haystack, will enable the rapidly growing company to expand access to its nTop Platform for advanced engineering design.