{"id":68815,"date":"2019-07-29T13:33:12","date_gmt":"2019-07-29T05:33:12","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/3d-printing-materials-company-polymaker-raises-5-million.3dm"},"modified":"2019-07-29T13:33:12","modified_gmt":"2019-07-29T05:33:12","slug":"3d-printing-materials-company-polymaker-raises-5-million","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/3d-printing-materials-company-polymaker-raises-5-million\/","title":{"rendered":"3D printing materials company Polymaker raises $5 million"},"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\">321<\/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\">241<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">78<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">2<\/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;\">Polymaker<\/span><span style=\"font-weight: 400;\">, a 3D printing filament manufacturer, has announced the close of a new round of equity funding totalling $5 million USD, led by a leading venture capital firm in China.<\/span><\/p>\n<figure id=\"attachment_106664\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-106664\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016-1024x768.png\" alt=\"Polymaker during Formnext 2016. Photo via Polymaker.\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016-1024x768.png 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016-770x578.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016-200x150.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016-500x375.png 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Formnext-2016.png 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Polymaker during Formnext 2016. Photo via Polymaker.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Polymaker will use the funds to expand manufacturing capacity at their headquarters in Shanghai and develop new materials. Dr. Xiaofan Luo, the President of Polymaker, said<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Our customer base ranges from hobbyists to the most advanced industrial customers in the world and the funding allows us to exceed expectations to our global customers\u2019 business needs.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">During 2016, <\/span><span style=\"font-weight: 400;\">Polymaker\u2019s Kickstarter campaign introduced their first hardware product, the Polysher<\/span><span style=\"font-weight: 400;\">. To accompany the Polysher, Polymaker developed a brand-new 3D printing material they call PolySmooth. PolySmooth is a PVB based material with reportedly \u201c<\/span><i><span style=\"font-weight: 400;\">excellent solubility in alcohol<\/span><\/i><span style=\"font-weight: 400;\">.\u201d Post processing is conducted within a desktop unit using an aerosol delivery system.<\/span><\/p>\n<figure id=\"attachment_106669\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large wp-image-106669\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-1024x683.jpg\" alt=\"Polysher. Polymaker PC. PolyFlex. PolyCast. Photo via Polymaker.\" width=\"1024\" height=\"683\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-1024x683.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-770x513.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-200x133.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Polysher1-500x333.jpg 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Polysher. Photo via Polymaker.<\/figcaption><\/figure>\n<p><b>Expansion into U.S. market <\/b><\/p>\n<p><span style=\"font-weight: 400;\">Polymaker have also taken on a new VP of business development for the Americas. The appointment of Jeffrey L Walters, who has 6 years experience in the 3D printing industry and global filament market strengthens the company\u2019s presence in this market. Polymaker say the appointment of Walters is, \u201c<\/span><i><span style=\"font-weight: 400;\">very exciting for global efforts and allows the company to better serve customers across the Americas for their growing material needs<\/span><\/i><span style=\"font-weight: 400;\">\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A statement from Walters, Vice President of Business Development, announced,<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Polymaker is known throughout the entire industry as a leader in quality, service, and performance of their  Filaments. We expect to grow significantly by delivering more than what is expected as a proper business partner, industry consultants, and deliver the highest standards of quality in the manufacturing process. We believe our filament portfolio and its overall performance will challenge the market standards and will be refreshing for its global users.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Polymaker have now started shipping Polysher units to their backers and  Industry understand the new product will be available for purchase in May 2017. Furthermore, Polymaker will be exhibiting at the TCT Asia show in the coming weeks with a demonstration of the Polysher.<\/span><\/p>\n<p>Follow us on social media and subscribe to our newsletter for all the latest news about the 3D printing industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>321shares 241 78 2 Polymaker, a 3D printing filament manufacturer, has announced the close of a new round of equity funding totalling $5 million USD, led by a leading venture capital firm in China. Polymaker during Formnext 2016. Photo via Polymaker. Polymaker will use the funds to expand manufacturing capacity at their headquarters in Shanghai [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182714,"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\/02\/Formnext-2016-1024x768.png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68815","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>3D printing materials company Polymaker raises $5 million - 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