{"id":68197,"date":"2019-07-29T12:53:53","date_gmt":"2019-07-29T04:53:53","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development.3dm"},"modified":"2019-07-29T12:53:53","modified_gmt":"2019-07-29T04:53:53","slug":"basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/","title":{"rendered":"BASF invests $2 million into Alchemist Accelerator to drive 3D printing material development"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">23<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">23<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Multinational chemical company BASF has invested $2 million into the <\/span><span style=\"font-weight: 400;\">Alchemist Accelerator<\/span><span style=\"font-weight: 400;\"> through <\/span><span style=\"font-weight: 400;\">BASF Venture Capital GmbH<\/span><span style=\"font-weight: 400;\"> (BVC), to drive new technologies such as 3D printing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Alchemist Accelerator is a new venture-backed initiative focused on developing seed-stage technology-based ventures that monetize from enterprises (not consumers). According to BASF, approximately half of this investment will go to additive manufacturing, as well as materials informatics, nutrition and agricultural technology (agtech).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAlchemist has built a strong reputation for attracting the best in the digital ecosystem. We are thrilled to officially join Alchemist as a Limited Partner,\u201d said Markus Solibieda, Managing Director at BVC.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cDigitalization represents unprecedented opportunities to create value for our customers and develop new business models. By investing in a digitally-focused fund, we promote innovations at the intersection of chemicals and technologies like artificial intelligence, internet of things and robotic.\u201d<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_124864\" style=\"width: 2048px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-124864\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg\" alt=\"BASF in Heidelburg, Germany. Photo via BASF.\" width=\"2048\" height=\"1363\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg 2048w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf-1024x681.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf-770x512.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf-200x133.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf-500x333.jpg 500w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-caption-text\">BASF in Heidelburg, Germany. Photo via BASF.<\/figcaption><\/figure>\n<p><strong>The Alchemist Accelerator<\/strong><\/p>\n<p>Alchemist Accelerator, the Californian venture-backed business incubator, was established in 2013. It seeds 75 startups a year and provides a structured path toward their first customers and fundraising.<\/p>\n<p>As a result of this initiative, 24 companies have been acquired and received funding from capital ventures. This includes Andreessen Horowitz, Bessemer Venture Partners, and Draper Fisher Jurvetsonone. The 6-month program offered from Alchemist provides ventures with enterprise coaches, early adopter customers, and investors.<\/p>\n<p>BVC will act as a Limited Partner in the Alchemist Accelerator. The company&#8217;s main objective is to promote innovations at the intersection of chemicals and technologies. Ravi Belani, Managing Director at Alchemist, added:<\/p>\n<p>&#8220;It is an honor to welcome BASF Venture Capital as a Limited Partner with Alchemist. Some of the most exciting innovations we are seeing are at the nexus of the digital and material \u2013 few partners are as equipped to bring expertise in that area as BASF.\u201d<\/p>\n<figure id=\"attachment_149633\" style=\"width: 945px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-149633\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web.jpg\" alt=\"A 3D printed part made by BASF. Photo via BASF.\" width=\"945\" height=\"630\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web.jpg 945w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web-770x513.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web-200x133.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/basf_na_web-500x333.jpg 500w\" sizes=\"(max-width: 945px) 100vw, 945px\" \/><figcaption class=\"wp-caption-text\">A 3D printed part made by BASF. Photo via BASF.<\/figcaption><\/figure>\n<p><strong>The value of additive manufacturing materials<\/strong><\/p>\n<p>As the largest chemical producer in the world, BASF has identified the value and invested in the developing additive manufacturing market. Last year, the company acquired two material companies, Advanc3D Materials and Setup Performance to strengthen its presence in the market area of powder bed fusion.<\/p>\n<p>Following this, BASF partnered with Origin, a silicon valley additive manufacturing startup, to optimize a range of photopolymers and additive materials, creating new options for high volume manufacturers.<\/p>\n<p>After, BASF <a href=\"\/service\/3d-printing\"> Solutions<\/a> (B3DPS), a subsidiary of BASF, debuted a new range of photopolymer and laser sintering materials as well as several strategic partnerships at <a href=\"https:\/\/3dprintingindustry.com\/news\/carbon-reduces-materials-prices-partners-with-core-3d-centres-expands-partners-network-143202\/\">Formnext<\/a>.<\/p>\n<figure id=\"attachment_131811\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-131811 size-full\" style=\"color: #333333;\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1.jpg\" alt=\"BASF X400M photopolymer resin 3D printed samples. Photo via BASF\" width=\"2048\" height=\"1367\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1.jpg 2048w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1-1024x684.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1-770x514.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1-200x134.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/P161_ST_BASF_317-B-3582-1-500x334.jpg 500w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-caption-text\">BASF X400M photopolymer resin 3D printed samples. Photo via BASF.<\/figcaption><\/figure>\n<p><em>Don&#8217;t forget to nominate BASF and others for the upcoming 2019 <a href=\"\/service\/3d-printing\"> Industry Awards<\/a><span style=\"font-weight: 400;\">.<\/span><\/em><\/p>\n<p><i>For further awards updates and ideas for who to nominate this year, subscribe to the <\/i><i><a href=\"\/service\/3d-printing\"> Industry newsletter<\/i><i>, follow us on <\/i><i>Facebook<\/i><i> and like us on <\/i><i>Twitter<\/i><i>. <\/i><\/p>\n<p><i><\/i><i><span style=\"font-weight: 400;\">Seeking <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\">? Join and advertise on our dedicated site now to reach professionals in this industry.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Featured image show 3D printed airless tires made from BASF thermoplastic polyurethane (TPU). Image via BASF. <\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>23shares 23 0 0 Multinational chemical company BASF has invested $2 million into the Alchemist Accelerator through BASF Venture Capital GmbH (BVC), to drive new technologies such as 3D printing. The Alchemist Accelerator is a new venture-backed initiative focused on developing seed-stage technology-based ventures that monetize from enterprises (not consumers). According to BASF, approximately half [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182407,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BASF invests $2 million into Alchemist Accelerator to drive 3D printing material development - FacFox News<\/title>\n<meta name=\"description\" content=\"23shares2300Multinational chemical company BASF has invested $2 million into the Alchemist Accelerator through BASF Venture Capital GmbH (BVC), to drive\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BASF invests $2 million into Alchemist Accelerator to drive 3D printing material development\" \/>\n<meta property=\"og:description\" content=\"23shares2300Multinational chemical company BASF has invested $2 million into the Alchemist Accelerator through BASF Venture Capital GmbH (BVC), to drive\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T04:53:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"BASF invests $2 million into Alchemist Accelerator to drive 3D printing material development\",\"datePublished\":\"2019-07-29T04:53:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\"},\"wordCount\":511,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/basf.jpg\",\"keywords\":[\"3dprint\",\"3dprinting\",\"business\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\",\"url\":\"https:\/\/facfox.com\/news\/basf-invests-2-million-into-alchemist-accelerator-to-drive-3d-printing-material-development\/\",\"name\":\"BASF invests $2 million into Alchemist Accelerator to drive 3D printing material development - 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