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Silicone 3D Printing Startup Spectroplast Completes CHF 1.5 Million Seed Round with AMV

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Spectroplast AG, headquartered in Zurich, has just completed a CHF 1.5 million seed round with AM Ventures Holding GmbH (AMV), allowing them to move further ahead in silicone 3D printing. The new funding should secure their presence in the healthcare arena: 3D printing in silicone to create products that not only enhance the quality of life for patients but also save their lives in some cases, and assisting in new procedures performed around the world with successful results.

“Spectroplast’s introduction of Silicones to the World of Additive Manufacturing is well-timed with the rapidly growing demand for customized Silicone products that we not only observe in the healthcare sector but also in many other markets,” Johann Oberhofer, Chief Technology Officer at AMV.

Although it was just created as a spinoff of ETH Zurich in September of last year, Spectroplast has already made a ‘radical’ mark in the 3D printing industry, winning multiple awards such as the CES Asia Innovation Award, which recognizes a wide range of categories to include artificial intelligence, the Internet of Things, wearables, and a variety of other product types.

Spectroplast offers 3D printing services using materials of ‘the highest quality standards’ in all colors, to include transparent. Their silicones are fully compatible with SLA 3D printing and DLP processes, along with customized resins created specifically for customers with different needs.

“The traction in the market is shown by our growing customer base. It is our defined mission to become the world’s leading provider of customized Silicone products. This will impact many industries around the globe,” said Manuel Schaffner, Chief Executive Officer and Co-Founder of Spectroplast AG.

“As an industry, we are just starting to understand how powerful 3D Printing of functional products will become when it is combined with the massive potential offered by industrial scale production,” said Schaffner. “Having the financial support and domain expertise of AMV will help us execute our mission even more rapidly and broadly.”

Another German company, AMV is headquartered in Starnberg, Germany. Acting as an investor to backup new companies, they offer an ‘ecosystem consisting of sustainable strategic investments and a strong partner network to utilize additive manufacturing technologies.’ Along with funding, AMV also lends the necessary resources and expertise, giving startups the tools they need to succeed.

3D printing with silicone is becoming increasingly more popular in medicine, from medical implants to medical models for pre-surgical planning, and also the creation of soft medical devices. Not just restricted to the medical realm, silicone has been used to create components for soft robotics, items like multi-material insoles, and conductive materials too.

What do you think of this news? Let us know your thoughts! Join the discussion of this and other 3D printing topics at 3DPrintBoard.com.

[Source / Images: Spectroplast]

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