$22.2M
3D Printing startup
According to Essentium’s co-founder and CEO, Blake Teipel, industrial additive manufacturing is on the cusp of transformation. Independent research commissioned by Essentium among executives in industrial manufacturing revealed that 100 percent of respondents reported obstacles in utilizing 3D printing for large-scale production. An overwhelming 88 percent of executives believe that their industries can save billions of dollars in production costs once these barriers are removed. Essentium is committed to delivering on this promise by revolutionizing additive manufacturing.
Essentium, a trailblazer in industrial additive manufacturing, is set to become the go-to source for manufacturers worldwide with its groundbreaking 3D printer. Backed by major corporations like BASF, the largest chemicals company globally, Essentium is revolutionizing the manufacturing landscape. Its innovative technology offers manufacturers a game-changing solution that addresses the industry’s pressing challenges, delivering high-quality results with unparalleled efficiency and sustainability.
With fresh $22M in bank, 3D-printing startup moving to Austin area.
This entry was posted in "Additive Manufacturing Dynamics in 3D/4D Printing and AI Research Collaborations", "Additive Manufacturing Solutions for Engineering Prototyping with 3D Printing", "Digital Horizons: 3D Printing Patents, AI in Science, Fans of the Day, and VR in Focus", "Evolution of Printing Technologies: Celebrating the Emergence of 3D/4D/5D Printing with Insights and Community Events" and tagged $22.2M, 3D PRINTING INDUSTRY, 3D-printing startup, 3D-printing startup moving to Austin area, According to Essentium's co-founder and CEO, BASF Venture Capital, Blake Teipel, equity firm, Essentium, Genesis Park, High-Speed Extrusion (HSE), Houston, Industrial Additive Manufacturing, Materialise, Series A Funding, With fresh $22M in bank.