Exone end to end binder jetting service

$30M Investment to Power Evolve Additive’s Mass 3D Printing Tech

INTAMSYS industrial 3d printing

Share this Article

Stratasys spinout Evolve Additive Solutions (EAS) has developed a unique approach to mass polymer 3D printing, a prospect that has attracted $30 million in funding from 3D Ventures and its affiliates. This brings the startup’s total investments to $56.4 million, with the latest batch meant to accelerate the sale of EAS’s scaled volume production (SVP) technology in the U.S., Europe, and Canada.

EAS’s SVP system runs on the company’s Selective Thermoplastic Electrophotographic Process (STEP), which applies a similar electrophotographic imaging process seen in photocopiers to 3D printing. The SVP platform electrostatically charges a roller, which passes over a build material and draws the plastic onto the roller in the shape of an object layer. Next, the particles are transferred onto a conveyor belt, which moves the layer to a build platform. There, it is fused onto the preceding layers.

Obtaining backing from such notable firms as LEGO and Stanley Black and Decker, the company went on to sell its first commercial SVP system in July 2021. In our coverage of that news, Executive Editor Joris Peels tossed around ideas as to who the customer could have been. Now, with a new round of investment led by 3D Ventures, it will be able to deploy this system more quickly.

3D Ventures is an investment vehicle with industry veterans as principles. Hugh Evans was senior vice president of Corporate Development and Digitization for 3D Systems for six years and sits on the boards of several startups, including 3D Systems spinout Culinary Printworks as well as ZVerse. Joe Allison was the former CEO of Stratasys Direct Manufacturing and Wally Loewenbaum was the chairperson of 3D Systems for 22 years.

The STEP process. Image courtesy of Evolve Additive Solutions.

“I have printed many parts over the course of my career, and in my opinion the Evolve SVP system is the best 3D printer capable of competing directly with injection molding in terms of part quality, part cost and throughput,” said Joe Allison, Managing Partner of 3D Ventures.

“Funding from 3D Ventures reflects their confidence in our business model, our growth trajectory and our ability to meet a need in the additive manufacturing marketplace,” stated Steve Chillscyzn, CEO and Founder of Evolve. “We are now balanced with excellent backing in place from both the strategic and investment partners. This investment presents a major step forward in fueling our growth and better positioning ourselves as a manufacturing solutions organization.”

Evolve Additive Solutions 3D printed part

STEP printed parts. Image courtesy of 3DPrint.com

Though the parts printed with the SVP aren’t the tallest, measuring up to 3.9 inches high, the throughput and detail of STEP parts is remarkable. The system prints at a rate of some 14 seconds per part (for a specific ABS bracket), allowing for the production of 768 components in a single build that took three hours to complete. It features dimensional accuracy of 600 dpi, minimum feature size of 42 microns, and layer heights of .001 to .003 inches. With that in mind, I have high expectations for the technology and look forward to seeing some of its customers come forward with specific use cases.

Share this Article


Recent News

$51M to Ramp up 6K’s Production of Batteries and 3D Printing Metals

Secret Audit Reveals US Military’s 3D Printing Tech Vulnerable to Cyberattacks



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

3D Printing News Briefs, September 9, 2021: Events, Materials, & More

In today’s 3D Printing News Briefs, the first Formnext + PM South China finally opens this week. In materials news, a biomedical company introduced what it calls the first purified...

Featured

US Navy Issues $20M to Stratasys to Purchase Large-Format 3D Printers

The U.S. Navy has been steadily increasing its investment into practical 3D printer usage, as opposed to research. The latest comes in the form of a whopping $20 million contract...

3D Printing Webinar and Event Roundup: August 22, 2021

From food 3D printing and GE Additive’s Arcam EBM Spectra L 3D printer to 3D printing and CAD in a post-pandemic world and topology optimization, we’ve got a busy week...

Featured

The Largest 3D Printed Structure in North America: a Military Barracks in Texas

ICON’s latest 3D printed training barracks structure in Texas signals another positive step for the additive construction industry. Described by the company as the largest 3D printed structure in North...


Shop

View our broad assortment of in house and third party products.