There are so many hot technology investment opportunities out there, but none hotter right now than the 3D printing sector. Today, Fusion Implants, a UK based company specializing in porous titanium knee joints for dogs which have damage to their cruciate ligament, announced that they are the recipient of a six-figure investment from The North West Fund for Venture Capital.
The company plans to use the funding in order to continue the development of its current products, hire a design engineer, and expand into the development of further products.
Dan Jones, the general manager of Fusion Implants, explained why the use of 3D printing is so important to his company’s future, “The use of 3D printing gives greater design freedom than conventional manufacturing techniques and also allows us to combine solid and porous sections for optimum strength and biological performance.”
Fusion Implants is a spinoff from the University of Livermore, and launched just last year. They have several patents on their special titanium 3D printing methods, which are covered in the US, Europe, Canada and Australia. The exact terms of the investment were not released to the public.
This is not the first investment into the 3D printing sector on North West Fund’s part. Just last month they helped in the funding another UK based 3D printing firm, FDM Digital Solutions.
North West Fund gave the following statement regarding their investment into Fusion Implant, “It is important that the North West, with its strong manufacturing heritage, takes full advantage of this new technique. Providing companies with finance to invest in new products and equipment is a key part of that.”
Discuss Fusion Implants, and this news here: https://3dprintboard.com/showthread.php?1740-Fusion-Implants-3d-Printed-Dog-Implants-Garners-Funding
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