News
Essentium secured $22 million investment from BASF and Materialise
Essentium is the developer of the High Speed Extrusion (HSE) FDM 3D printing platform. They have just secured $22.2 million investment in a series A round led by BASF and Materialise. Their aim is to continue the development of their…
- 3 min read
- News
- Six more stories
Essentium is the developer of the High Speed Extrusion (HSE) FDM 3D printing platform. They have just secured $22.2 million investment in a series A round led by BASF and Materialise. Their aim is to continue the development of their high-speed 3D printing solutions to meet demand for the newly introduced HSE platform.
The funding round was led by BASF Venture Capital with participation from Materialise, Genesis Park, amongst other investors. The investment will reinforce Essentium’s existing relationships with BASF and the 3D software company, Materialise. BASF’s Capital Investment Manager, Sven Thate, will join the Essentium board. They seek to develop HSE materials and introduce an open market model for 3D printing.
What does Essentium do?
Essentium sells 3D printers, develops supplies for manufacturing and is also the developer of its patented technology, FlashFuse technology. FlashFuse is a two-part, electric welding solution that combines nanomaterial technology and hardware technology to harness the power of Plasma to solve the Z-Strength issue in FDM printed parts. In other words, it allows to fuse the individual layers in the printed part together inside the printer as the parts are being built. This technology is scalable and can be applied to any type of thermoplastic.
More from the desk
Six other notes from the rest of the bench.
PrintersWhat are the risks associated with FDM and metal 3D printing?In the United States, the National Institute for Occupational Safety and Health (NIOSH) has just published several guidelines concerning FDM and metal additive manufacturing, the objective being to protect users who handle these technologies. For example, it lists all the…
GuidesMade in Space: Building in orbit is the futureMade In Space, Inc. is one of the world’s most experienced company specialist in in-space manufacturing. The company was established in 2010 and has offices in Florida, California, Alabama and Ohio. Made In Space have managed to leverage the unique…
PrintersThe Da Vinci Color AiO to be presented at FormnextThere is not a big event related to additive manufacturing in which the Asian company XYZprinting does not present any of its novelties. This year in the third edition of Formnext, which will start tomorrow and continue until this Friday,…
News3D Systems and Jabil Announce ‘High Speed Fusion’ 3D Printing System3D Systems have just announced that they will soon introduce a next generation ‘High Speed Fusion’ 3D printing system. Developed in collaboration with Jabil Inc., the platform system will include new printer technology and advanced materials systems, surpassing those currently&he
NewsConductive Origami, the project that combines 3D printing, textiles & lightingThe evolution of materials in 3D printing has opened the door to a number of groundbreaking applications. In the design sector, it is certainly a way for artists and designers to explore art with 3D printing. This is how young…
NewsTop 5 Videos: 3D Printing With Neil Patrick HarrisThis week, tag along with actor Neil Patrick Harris and 3D printing YouTuber 3D Printing Nerd, on the 87-day 3D-printing adventure. Next, discover amorphous metals. 3D printer manufacturer Trumpf has notably developed a printer compatible with these metals, which are…