Monday, 12 Apr 2021 09:28 GMT

3D Printing Corporation raises £2.7m in new funds

3D Printing Corporation, a group aiming to build a next-generation supply chain by harmonising 3D print technologies and existing manufacturing methods, has raised JPY400m (£2.7m) to support its ongoing development methods.

Money was generated during an oversubscribed growth funding round from Taiyo Nippon Sanso Corporation, Amada, Mirai Souzo, Yamanashi Chugin Management Consulting and Fuyo General Lease

3D Printing Corporation says the funds will go towards its R&D efforts, with the overarching aim of developing new applications and creating a one-stop digital platform to deploy its 3D printing manufacturing technologies.

The 3D Printing Corporation platform aims to shorten time for manufacturers to adopt 3D print technologies by offering clients the core formula and process through an interactive digital library.

Alexander De Vore, a representative for the 3D Printing Corporation, comments:
“Our approach to making 3D printing a viable manufacturing technology is proving to be correct.

“The next steps in our long term mission to build a new 3D printing based supply chain will not be easy, but with the support of our new strategic and financial partners, we will be able to leverage the best raw materials, manufacturing expertises, and client financing options and move closer to a manufacturing grade solution at scale.”

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