AMS Spring 2023

Shapeways Receives $30M in Venture Capital via Netherlands Inkef Capital, HP & Presidio

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contest-2Hot off the press comes financial news regarding Shapeways, to the tune of $30 million just received in venture funding. One of the worldwide leaders in 3D printing service bureaus, Shapeways promotes not only a way for 3D printing enthusiasts to upload files and have models 3D printed, but also individual creativity and innovation. They are dedicated to providing outlets for their users whether it’s through following their tips and ideas online, using their apps, entering a variety of contests and challenges, or even working with individual Shapeways designers.

inkef-logoNow, the popular purveyor of 3D printed models and inspiration will be able to do far more for existing customers, as well as drawing more of them. Funding of the $30 million was led by Netherlands-based investor INKEF Capital, with Robert Jan Galema of INKEF Capital joining the Shapeways board. Galema brings along great enthusiasm for the future of not only the partnership, but the technology and overall marketplace.

“The 3D printing industry itself is at an inflection point shifting the user base beyond the innovating group of designers only. The long term impact of industry game changers is very often underestimated and no one really knows how fast things will happen, but it is happening now,” says Galema.

Venture capital was further infused by Hewlett Packard Ventures and Presidio Ventures, the investment arm of the Tokyo-based Sumitomo Corporation, as well as current investors:

  • Andreesen Horowitz
  • Union Square Ventures
  • Index Ventures
  • Lux Capital

“Shapeways is redefining how products are being made,” says Peter Weijmarshausen, CEO and Co-Founder of Shapeways. “The partners in this funding round share our vision that manufacturing is moving from analog to digital and as a result it will disrupt product creation, and make it more accessible to everyone.”

leaders-of-the-3d-printing-revolution-by-shapeways-08They will be using the funds to continue expanding and investing further in the features and services they offer the Shapeways customer base, as well as continuing to grow in terms of factories and partnerships in manufacturing products. The spotlight will continue to shine on their HP partnership which announced a plan for creating 3D printers that will employ even further innovation for quality and speed.

“Hewlett Packard Ventures is excited to help Shapeways accelerate their momentum and scale their business around the world,” said Lak Ananth, Managing Director, Hewlett Packard Ventures. “As a strategic partner, we will build upon our existing relationship with Shapeways to help make the vision and promise of 3D printing and additive manufacturing a reality.”

Not only is INKEF staying with their Dutch roots, they are investing in a popular, growing company that has constant and forward movement within the 3D printing movement. Certainly relevant, and a mover and shaker as far as 3D printing service bureaus go, the deal appears to be a win for all involved.

“Considering the Dutch roots of the company, as a Netherlands based investor we are especially delighted to support Shapeways in this next stage of development,” Galema adds.

Now headquartered in Manhattan, Shapeways also has factories and offices in Eindhoven, Long Island City, and Seattle. The company was founded in 2008 and has been responsible for printing millions of 3D models worldwide.

Discuss your thoughts on this latest 3D printing company receiving an infusion of venture capital in the Shapeways Receives $30 Million in Venture Capital forum thread over at 3DPB.com.

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‘Gyro the Cube’ – available on Shapeways

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‘My Twisted Heart,’ available on Shapeways

 

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