Printers
BigRep’s latest funding round has reached “Double Digit” millions
The German start-up, BigRep, which specializes in large-format 3D printers, has announced that their latest funding round has reached the “Double digit” millions. Helping to reach the double digit amount is the family owned company, Koehler, the venture capital company…
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The German start-up, BigRep, which specializes in large-format 3D printers, has announced that their latest funding round has reached the “Double digit” millions. Helping to reach the double digit amount is the family owned company, Koehler, the venture capital company Newten Ventures, the KFW Banking Group, and the venture capital supplier B to V, totaling around €7 million from all investors. In addition, Körber AG has also announced their investment in the start-up, with great hopes for a future in additive manufacturing.
Founded in 2014, BigRep’s international team has been consistently working on the future of additive production, producing one of the world’s largest available 3D printers, the BigRep ONE, which is able to print furniture, specific vehicle parts and even parts for robots. Körber AG, on the other hand, is a Hamburg based international technology group that has around 11,500 employees and is involved in various fields, such as machining tools, automation, pharmaceuticals, and enterprise equity. As reported by the group in a press release from last Friday, they believe that their involvement will highlight the great potential of additive manufacturing in the industry.
The BigRep ONE 3D printers Photo// robosavvy
The announcement on August 4th of the two company’s partnership has been followed by growing plans from Körber for BigRep. Although BigRep has already gained worldwide recognition for their printers, the start-up will now be able to increase their “global footprint and sales” as Körber is expected to support BigRep financially as well as with their industrial machine building.
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