3D printing company Inkbit announced it has raised 30 million from Phoenix Venture Partners LLC, bringing the total funding to €45 million.
30 million fundraising to conquer the Asian and EMEA markets
Davide Marini, CEO and co-founder of Inkbit, spoke around the technology used in the firm’s printers and the investments his company has managed to raise:
“Inkbit is currently experiencing significant growth and we are excited to have the opportunity to continue to build our talented team and grow the business to meet customer demand. The opportunities for additive manufacturing are growing as the adoption of 3D printing for large scale production increases. We look forward to using our raised capital to continue to evolve and innovate within this dynamic industry.”
John T. Chen, Managing General Partner of PVP, spoke about the reasons that attracted PVP to validate this capital raise:
“As a leading investor in materials science-based technologies, PVP views the technology commercialized by Inkbit as a total game changer for the additive manufacturing industry, as it solves the key bottlenecks preventing 3D printing from being adopted for the mass production of high quality finished products. We are excited to help Inkbit in its scale-up phase and welcome it as a new member of the PVP portfolio.”
With this round of funding, Inkbit aims to appeal to new markets, in Asia and EMEA.
Translated from Inkbit souhaite démocratiser l’impression 3D à grande échelle grâce à l’intelligence artificielle