Within every emerging market there are a handful of startups which really stand out. Whether it’s because of their business model, a unique product, or the people behind the company, these companies are usually the ones which end up on top.
We have seen several of these companies over the last couple of years within the 3D printing space. Whether it’s Organovo, which is trying to 3D print human organs, New Matter and their unique, affordable MOD-t 3D printer, or companies like BigRep and their large-scale 3D printers, which quite literally dwarf the competition, these are the drivers of the industry.
Today, one of these companies, Berlin-based BigRep, has announced a successful round of seed financing. The round, led by KfW Development Bank and its “ERP Fund Program”, along with several experienced venture capital investors, including Dr. Alexander Ey (founder of Billsafe) and Johannes von Borries (founder of Nanda Technologies).
“BigRep’s affordable large-format printers and customer solutions such as BigRep Industrial Cloud Printing, surges forth to a new dimension in this promising technology,” explained René Gurka, BigRep CEO explains. “Since we started our business in the beginning of 2014, we have been literally flooded with requests and inquiries. Our new shareholders not only support us with capital, but more importantly they provide knowledge to foster the expansion of our R&D, production and sales.”
For those unfamiliar with the company, it launched only 11 months ago in a big way, unveiling an enormous FFF 3D printer called the BigRep ONE, capable of fabricating objects with a volume of approximately 1.3 cubic meters. For comparison, this is a volume that is approximately 100 times greater than what a MakerBot Replicator 2 is capable of achieving.
Although the details of this initial round of financing have not been announced, the company seems very confident that this seed round will go a long way in allowing it to expand its market presence, and further develop its 3D printing ecosystem (which currently consists of hardware and cloud printing services). BigRep currently has 27 employees and is expanding operations quite rapidly. Earlier this month it announced its brand new BigRep One.2 and back in September unveiled the BigRep Pro.
Let’s hear your thoughts on this financing news and what it could mean for the company and industry in general. Discuss in the BigRep Seed Round forum thread on 3DPB.com.
You May Also Like
DTU Researchers Hack XBox 360 to Make Nanoscale 3D Printer
We’ve seen several instances where mass-produced gaming systems, such as the Microsoft Kinect Xbox 360 scanner, have been used for purposes other than gaming. Recently, a team of researchers from...
3D Printed Veggies Made Appetizing & Nutritious for Dysphagia Patients
3D printing has been used in the past to help elderly patients with dysphagia—difficulty swallowing or chewing—by creating inks made from puréed food and extruding them into a shape that...
Nexa3D Says New Everlast Membrane Extends Series Production 3D Printing Runs
California-based Nexa3D, well-known for making ultrafast polymer production 3D printers, has announced a new product that it says can extend series production 3D printing runs, and ensure less downtime as...
Autonomous Swarm of 3D Printed Robot Fish Could Swim Where Humans Can’t
We’ve seen 3D printed swarms of robots that are designed to pick up garbage, complete intricate production tasks, and even participate in surveillance, environmental, and search and rescue missions at...
View our broad assortment of in house and third party products.