BCN3D announces $3M in funding to boost its leadership in the IDEX 3D printing technology

The last few months have been full of novelties for the Spanish company BCN3D. After the launch in 2018 of their new 3D printers, the Sigma R19 and the Sigmax R19, they are starting 2019 just as strong. In fact, they just unveiled they have raised $3 million in funding by Venture Capital firms Accurafy4, JME VC and Victoria. This new round of investment positions the company as the leader in the IDEX (Independent Dual EXtruder) technology. The IDEX technology allows industrial 3D printing in desktop format by doubling productivity compared to a conventional desktop 3D printer.

The company, which began as a project of the CIM Foundation and the Polytechnic University of Catalonia, has finally consolidated and become independent. Now, it is one of the most internationally recognised manufacturers of 3D printers. Regarding the new developments that this investment will bring, Xavier Martínez Faneca explains, “With this funding, we will be able to ramp-up our production to meet the market demand and cut down the long delivery periods we have experienced in the past due to production limitations”.

The investment positions the company as a leader in IDEX technology | Credits: BCN3D

BCN3D and its IDEX 3D Technology

BCN3D will take advantage of this new investment to develop new products that help maintain its leadership in IDEX technology. “We are working on a new range of products to enhance our customers’ experience and take IDEX technology to a whole new level“, explained Martinez Faneca.