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        Divergent 3D, a company offering additive manufacturing solutions for automotive manufacturing, has received a USD 100 million investment from Hexagon AB, a digital reality solutions provider. This round comes shortly after Divergent 3D raised USD 160 million in Series C funding, in April 2022.&nbsp;
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        The funds will be invested in accelerating the company&rsquo;s plans to build factories across the globe.&nbsp;
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  <p>
    <a href="https://www.prnewswire.com/news-releases/hexagon-invests-100-musd-in-autonomous-and-sustainable-manufacturing-through-divergent-301704994.html#:~:text=16%2C%202022%20%2FPRNewswire%2F%20%2D%2D,factory%20for%20the%20automotive%20industry">
      Press release
    </a>
  </p>
  <p>
    <a href="https://www.nasdaq.com/articles/hexagon-invests-$100-mln-in-divergent-technologies">
      Nasdaq
    </a>
  </p>
  <p>
    <a href="https://www.3dprintingmedia.network/hexagon-invests-100-million-in-divergent-technologies/">
      3D Printing Media Network
    </a>
  </p>
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Additive Manufacturing

Divergent 3D receives USD 100 million investment from Hexagon AB

PROMINENT_CATEGORY

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 <p>An Australian additive manufacturing solutions provider, SPEE3D, has introduced a new mobile additive manufacturing solution known as an expeditionary manufacturing unit (EMU). The portable unit is designed to help customers manufacture high-density metal parts quickly at any location.</p>
 <p>The entire system is encapsulated within two 20-foot shipping containers. These containers house the mobile metal 3D printer known as XSPEE3D and a post-processing and quality verification unit called SPEE3Dcell.&nbsp;</p>
 <p>The newly introduced technology primarily enables necessary equipment adjustments and production within various critical industries, including defense and other heavy-duty industries.</p>
 
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SPEE3D launches expeditionary manufacturing unit for on-site metal AM

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 <p>Rapid Liquid Print (RLP), a 3D printer manufacturer, recently secured USD 7 million in a Series A funding round. This funding round was led by Germany's HZG Group and saw participation from BMW i Ventures and MassMutual.</p>
 <p>RLP plans to utilize this funding for their business expansion that includes boosting their production, augmenting their team, and exploring more business areas.&nbsp;</p>
 <p>Born out of the Massachusetts Institute of Technology (MIT), Rapid Liquid Print specializes in manufacturing large-scale 3D printers. These printers use a unique printing method known as “rapid liquid print." This method entails the injection of a liquid material mixture into a gel-filled container via a nozzle; this results in the creation of a 3D object. According to the company, this process is not only rapid but also doesn't warrant the printing of additional support structures. Additionally, the objects that are printed through this process can apparently be put to use instantly as they require no post-processing.</p>
 
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Rapid Liquid Print raises USD 7 million in Series A funding to expand production and team

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 <p>3D printer provider, Inkbit, has successfully secured USD 19 million in a recent funding round. Fundamental contributors included Ingersoll Rand, as well as Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. With this additional funding, Inkbit's total earnings surge to USD 63.8 million.</p>
 <p>Inkbit, emerging from the Massachusetts Institute of Technology (MIT) Computer Science and Artificial Intelligence Laboratory, specializes in 3D printers and <a href="https://sp-edge.com/updates/19601"> on-demand manufacturing services </a>. A unique 3D vision system lies at the core of their technology, catering to a variety of industrial applications. This ranges from industrial automation and manifold to fluid handling, wearables, and external medical devices.</p>
 
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Inkbit raises USD 19 million in new funding

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 <p>Advanced manufacturing company, SPEE3D from Australia, has formed a partnership with the New Jersey Innovation Institute (NJII), which is recognized for its work in the field of high-tech research. The collaboration will allow SPEE3D's Cold Spray Additive Manufacturing (CSAM) technology to be integrated into NJII's high-end manufacturing setup. </p>
 
 <p>This strategic alliance will empower NJII in using the WarpSPEE3D leading-edge, large-format metal 3D printer. The primary objective is to support the Collaborative Operationalized Manufacturing Engineering Training (COMET) initiative launched by NJII. The aim of this initiative is to prepare students and military personnel to create large-scale metal components as per demand. </p>
 
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SPEE3D partners with New Jersey Innovation Institute to provide cold spray AM technology

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<p>ARRIS, a provider of AM solutions on-demand, has managed to secure USD 34 million in a recent funding round. The fund contributors featured prominent companies such as ST Engineering, Zebra Technologies, Youngone, Standard Industries, Vertex Exploratory Fund, NEA, XN, Taiwania Capital, among others. With the latest financial injection, the total funding accrued by the company reaches an impressive figure of nearly USD 217 million.</p>
 
<p>ARRIS intends to channel the capital towards expanding its operations on a global scale and strengthening its partnerships with ingredient brands. The expansion plan predominantly targets consumer products, with specific emphasis on sectors like footwear, bicycles, portable electronics, and aerospace applications.</p>
 
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ARRIS raises USD 34 million in latest funding to expand global operations

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    <p>Equispheres, a provider of AM materials, has raised approximately CAD 20 million (around USD 14.6 million) in a Series B funding round. This funding round was led by Martinrea International with participation from THE Business Development Bank and Sustainable Development Technology of Canada.</p>
    <p>The company, with this funding, has plans to introduce several reactors to aid their existing production, expand their present facilities, and join forces with strategic partners for the innovation of new materials.</p>
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Equispheres raises CAD 20 million in Series B funding to expand production

INCUMBENTS_PRESENT

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 <p>Metal 3D printing solutions provider, Meltio, has collaborated with additive manufacturing services provider, Accufacture, and robotics and automation solutions provider, FANUC America, to launch Alchemist 1, an advanced AM robotic work cell.</p>
 
 <p>This solution integrates Meltio's wire-laser metal deposition (W-LMD) technology with FANUC’s versatile six-axis robot and a two-axis positioner within a safe laser enclosure. These features enable the production of large-scaled, fully dense metallic parts.</p>
 
 <p>Meltio defines this solution as highly efficient, boasting a deposition rate of up to 1 kg per hour, large build volume of 3.2’ x 6.5’ x 3.2’, and compatibility with welding wire. Furthermore, this solution has versatile applications in multiple industries, including automotive, aerospace, mining, and oil and gas.</p>
 
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Meltio partners with Accufacture and FANUC America to introduce Alchemist 1, an  AM robotic work cell

<div>
 
 <p>3D printing technology provider Formlabs has launched a new 3D printer, Form 4, designed for large-scale and rapid 3D printing projects. The printer uses a new print engine that employs low force display (LFD) technology, enabling parts to cure at quick speeds, amounting to 100 mm per hour. The build volume of the printer is 30% larger than its predecessors, permitting users to print several small parts at once.</p>
  
 <p>Formlabs also introduced a biocompatible variant, Form 4B, which uses stereolithography (SLA) 3D printing technology. The company asserts that Form 4B can produce most parts in less than two hours.</p> 
     
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Formlabs launches Form 4, a new 3D printer for high speed and large-scale production

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 <p>Sintavia, a company offering on-demand additive manufacturing solutions, has disclosed its plan to invest USD 25 million for the expansion of its metal AM headquarters in Florida. This investment plan is scheduled for completion by the last quarter of 2024.&nbsp;</p>
 <p>The main motive behind this planned expansion is to accustom to the requirements from the US Department of Defense. The expansion plans entail an increase of 25,000 sq ft to the existing advanced manufacturing area. It will involve several new aditions, including large-format 3D printers, systems for large-format post-processing, and equipment for component testing.&nbsp;</p>
 <p>Alongside the physical expansion, Sintavia also intends to further concentrate on its research and development. The company will target the creation of high-performance thermodynamic components, with a spotlight on aerospace heat exchangers in particular.</p>
 
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Sintavia invests USD 25 million to expand metal AM headquarters in Florida

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 <p>Materialise, a company offering 3D printing software and services, has recently expanded its additive manufacturing material portfolio. The new additions include polyamide 12S, polyamide 11 for HP Multi Jet Fusion (MJF), and polyamide (PA-CF) for fused deposition modeling (FDM).</p>
 
 <p>The PA-CF material, composed of a thermoplastic filament boosted with 35% carbon fiber, will be ideally suited for the creation of heavier metal components. On the other hand, due to its resilience, adaptability, and reported biocompatibility, PA 11 is expected to find use in medical technology applications. Lastly, the implementation of PA 12S is anticipated in areas of volume prototyping and production.</p>
 
 <p>Furthermore, Materialise has entered into a collaboration with Renishaw, a manufacturing systems and software provider. The purpose of this alliance is to augment the productivity of Renishaw’s additive manufacturing machines.</p>
 
 <p>The collaboration will facilitate Materialise in incorporating its build processor with Renishaw's RenAM 500 series of metal additive manufacturing machines. In addition, Materialise plans to extend access to Renishaw’s users to Magics along with its data and build preparation software.</p>
 
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All Updates

Divergent 3D receives USD 100 million investment from Hexagon AB

SPEE3D launches expeditionary manufacturing unit for on-site metal AM

Rapid Liquid Print raises USD 7 million in Series A funding to expand production and team

Inkbit raises USD 19 million in new funding

SPEE3D partners with New Jersey Innovation Institute to provide cold spray AM technology

ARRIS raises USD 34 million in latest funding to expand global operations

Equispheres raises CAD 20 million in Series B funding to expand production

Meltio partners with Accufacture and FANUC America to introduce Alchemist 1, an AM robotic work cell

Formlabs launches Form 4, a new 3D printer for high speed and large-scale production

Sintavia invests USD 25 million to expand metal AM headquarters in Florida

Materialise introduces three materials to expand AM portfolio; partners with Renishaw

Additive Manufacturing

Divergent 3D receives USD 100 million investment from Hexagon AB

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