What a Market Dip Means for 3D Printing Consolidation
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So far, startups in 3D printing have mainly consisted of bootstrapped firms aiming for profitability, control over their own futures, and long-term growth. We have comparatively few turbocharged, venture capital (VC)-powered business rockets in the additive manufacturing (AM) pantheon. However, we can look at a number of firms to see that there has been a considerable amount invested in a happy few companies. And, though the sector has been flush with cash as of late, the economic situation is changing. This means that some firms previously privy to fresh capital may see it dry up, while more robust startups will be able to take advantage of the situation.
Did Companies Raise Too Much or Too Little?
Special purpose acquisition companies (SPACs) are now looking quite weak in terms of their valuations. Yet, the below businesses have raised significant funds and some SPAC firms are still cash rich.
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