The 3D printing industry has seen ongoing merger and acquisition activity in 2017, while investments from private equity and venture capital firms has also been robust. While record-breaking deals such as the 2016 GE acquisition of Concept Laser and Arcam were not seen, a quick count of investments in 2017 shows that funding activity is above half a billion dollars.
GE were involved in one of the major 3D printing deals of the year, as investors in Desktop Metal. That series D funding round granted unicorn status to the Burlington, Massachusetts based enterprise, valuing the company at over $1 billion.
This article takes a look at several newly announced deals with links to the 3D printing industry. Fracktal Works Pvt.
Ltd raises funding from Hyderabad Angels Based in India, Fracktal Works has received an undisclosed amount of pre-Series A round from Hyderabad Angels. The funding will be used to develop 3D printers, and launch an online service platform called Fractory.
In an interview with VCCircle, Rohit Asil, co-founder, Fracktal, said, “Customers can choose to get their parts manufactured from various 3D printing and metal CNC technologies.” CGTrader closes $2.3 million investment round While not focused primarily on 3D printing, 3D model marketplace CGTrader has been active in the wider 3D content creation space since 2011. Dalia Lasaite, CEO and co-founder of CGTrader explains, “3D is becoming the next wave of content towards interactivity and immersion.” Lasaite’s company has just closed a $2.3 million investment round. Read more from 3dprintingindustry.com…
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