<div>
  <ul>
    <li>
      <p>
        Fabric8Labs, a developer of additive manufacturing solutions, raised USD 50 million in series B funding led by New Enterprise Associates (NEA) with participation from Intel Capital, imec.XPAND, SE Ventures, TDK Ventures, Lam Capital, and several other existing investors.
      </p>
    </li>
    <li>
      <p>
        The funds will be used to scale the company's proprietary technology and to establish a pilot production facility in San Diego which could reportedly increase the company&rsquo;s headcount by 3x over the next 12 to 18 months.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/fabric8labs-closes-50m-series-b-financing-for-electrochemical-additive-manufacturing-technology-301740761.html">
      Press release
    </a>
  </p>
  <p>
    <a href="https://www.sandiegouniontribune.com/business/story/2023-02-07/san-diego-startup-to-build-3d-printing-factory-that-would-almost-triple-its-workforce">
      The San Diego Union Tribune
    </a>
  </p>
  <p>
  </p>
</div>


Additive Manufacturing

Fabric8Labs raises USD 50 million in series B funding

PROMINENT_CATEGORY

<div>
 
 <p>The Australian company SPEE3D, which provides additive manufacturing solutions, took part in an advanced manufacturing demonstration hosted by the US Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) at the University of Tennessee Knoxville. The purpose of this event was to train soldiers without any previous knowledge in additive manufacturing to 3D print a required part for equipment repair in the field. Specifically, the piece to make was a transmission mount for a Bradley Fighting Vehicle, using SPEE3D's cold spray additive manufacturing technology.</p>
 
</div> <p><b>Analyst </b> <b>QuickTake:<br>
 </b> The company has recently focused on expanding its reach within the US defense sector . Its recent activity includes:<br>
 1) <a href="https:<br>
//sp-edge.com/updates/32619"> Completing </a> the experimental portion of the RIMPAC exercise at the Marine Corps Air Station (in August); 2) launching its <a href="https:<br>
//sp-edge.com/updates/31068"> US-based manufacturing facility and applications center </a> (in June) to collaborate more closely with the US Department of Defense; and 3) launching an <a href="https:<br>
//sp-edge.com/updates/29446"> expeditionary manufacturing unit </a> (in May) to help customers in the defense industry produce high-density metal parts rapidly.</p>

SPEE3D demonstrates 3D printing for US Army

<div>
 
 <p>Metal Additive Manufacturing (AM) solution provider, Xact Metal, has formed a collaboration with PanOptimization, a provider of simulation software. The partnership aims to integrate PanOptimization's additive simulation tool, PanX, with Xact Metal's 3D printing solution.</p>
 <p>Specially, the integration will see PanX's simulation software being combined with Xact Metal's metal 3D printing systems. This move aims to offer customers more cost-effective AM metal powder-bed fusion systems.</p>
 <p>This partnership is expected to bring extensive benefits to the users, enabling them to enhance machine performance and gain a better understanding of metal behavior. Furthermore, the optimization of printed parts is expected to be improved. On the other side, the collaboration opens a path for PanOptimization to extend its business footprint into the aerospace and defense industry.</p>
 
</div>

Xact Metal partners with PanOptimization to integrate simulation software for metal 3D printing

ANALYST_QUICK_TAKE

<div>

<p>The New York Stock Exchange (NYSE) has declared the launch of delisting procedures against Velo3D, a company delivering metal 3D printing solutions. Velo3D's inability to maintain a minimum market capitalization of USD 15 million for 30 consecutive trading days initiated this decision.</p>
<p>Following this announcement, the trading of Velo3D's securities has been put on hold promptly. In retaliation, Velo3D declared its common stock will commence trading on the OTCQX Best Market.</p>

</div> <p><b>Analyst QuickTake:<br>
 </b> This news comes during a turbulent time for the company, having recently laid off <a href="https:<br>
//sp-edge.com/updates/32768"> 30% </a> of <a href="https:<br>
//sp-edge.com/updates/32768"> its global workforce </a> . Notably, the company has attempted to mitigate both its operational and market performance issues by appointing a new permanent CEO (in June 2024) and announcing a <a href="https:<br>
//sp-edge.com/updates/30422"> reverse stock split of its common shares </a> (in June 2024) after it had <a href="https:<br>
//sp-edge.com/updates/28358"> proposed a public offering </a> of its common stock and warrants two months prior.</p>

Velo3D delisted from NYSE; common stock begins trading on OTCQX Best Market

<div>
 
 <p>Chromatic 3D Materials, a company specializing in 3D printers and related products, has successfully garnered USD 6 million in equity funding, coming from Embedded Ventures and other contributors. With this, the company's total funding now exceeds USD 15 million. </p>
 <p>Chromatic 3D Materials intends to allocate these newly acquired funds towards the enhancement of their production capabilities and technology. Additionally, a portion of the funding will be used to broaden their market reach.</p>
 
</div>

Chromatic 3D Materials raises USD 6 million in equity funding to build production capabilities

<div>

<p>6K Additive, a provider of materials for additive manufacturing, has increased its metal powder offerings to include angular chromium and titanium powders. The new range includes titanium HDH powder, titanium hydride powder, titanium sponge powder, and varying levels of chrome powder. The new angular powders are versatile and can be used in a variety of applications such as coatings, sintered parts, sputtering targets, and pyrotechnics, along with various manufacturing techniques including press and sinter, thermal spray, metal injection molding, melt and cast, and additive manufacturing.</p>

</div>

6K Additive expands product portfolio with angular chromium and titanium powder

<div>
 
 <p>Polymer 3D printing solutions provider, Stratasys, has teamed up with Materialise, a company specialising in 3D printing software and services, for the introduction of Stratasys’ “Neo build processor”. This processor is intended for the creation of investment casting master patterns.</p>
 <p>This innovation is specifically made for Stratasys Neo 450 and Neo 800 stereolithography (SLA) 3D printers. Its functions include a variety of layer thickness options, better workflow integration, and adjustable build settings for aspects like geometry, supports, and lattices.</p>
 <p>Stratasys asserts that this solution gives users the advantage of 75% time savings and an increase in file processing speed by up to 50%.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Stratasys has consistently expanded its product portfolio despite its recent <a href="https:<br>
//sp-edge.com/updates/33215"> restructuring, during </a> which the company announced that it would be laying off 15% of the workforce to generate USD 40 million in annual cost savings. This is the second product release this month, following the <a href="https:<br>
//sp-edge.com/updates/33259"> release </a> of the Origin Two DLP printer and a post-processing system named "Origin Cure."</p>

Stratasys introduces Neo build processor for investment casting master patterns

<div>
 
 <p>3DEO, an on-demand additive manufacturing services provider, secured a strategic investment of USD 3.5 million from Mizuho Bank.</p>
 <p>The funds will be used to fuel the company's growth and enhance its advanced AM capabilities in the aerospace, medical, industrial, and semiconductor sectors.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This news comes amidst the appointment of <a href="https:<br>
//sp-edge.com/updates/33216"> Scott Dennis </a> as the company’s CEO, succeeding Co-founder Matt Petros. Notably, this is the second round of funding the company has received this year – after securing <a href="https:<br>
//sp-edge.com/updates/25752"> &nbsp;investment </a> from the Development Bank of Japan (DBJ) and Seiko Epson Corporation (Epson) to expand into critical manufacturing sectors.</p>

3DEO raises USD 3.5 million in strategic investment from Mizuho Bank

<div>

<p> Australian firm SPEE3D, known for providing additive manufacturing solutions, has secured an undisclosed investment from 1941, a joint fund from Bondi Partners and Ellerston Capital. The funds will be utilized to expand SPEE3D's international business by supplying metal 3D printers and systems that employ its unique Cold Spray Additive Manufacturing (CSAM) technology, tailored for military and industrial use. </p>

</div> <p><b>Analyst QuickTake:<br>
 </b> This funding news for expanding the company’s solutions for military applications is not surprising, as the company has been strongly focusing on AM for the defense sector recently. Its recent activity includes 1) <a href="https:<br>
//sp-edge.com/updates/32619"> completing </a> the experimental portion of the Rim of the Pacific (RIMPAC) exercise at the Marine Corps Air Station in Hawaii (in August); 2) launching its <a href="https:<br>
//sp-edge.com/updates/31068"> US-based manufacturing facility and applications center </a> (in June) to collaborate more closely with US-based companies, including the US Department of Defense; and 3) launching an&nbsp; <a href="https:<br>
//sp-edge.com/updates/29446"> expeditionary manufacturing unit </a> (in May) to help customers in the defense industry produce high-density metal parts rapidly.</p>

SPEE3D secures funding from 1941 to expand global business

<div>
 
 <p>3D printing technology provider, Formlabs, has released a new clear cast resin and diverse stereolithography (SLA)/selective laser sintering (SLS) post-processing tools. The clear cast resin showcases thermal expansion and provides 0.25 mm accuracy for investment casting applications. The newly introduced post-processing tools include Formlabs resin washing solution, a fuse blast polishing system, and a fuse sift glovebox for part extraction. Formlabs asserts that these new additions will decrease costs, reduce turnaround times, and enhance foundry iterating flexibility.</p>
 
</div>

Formlabs introduces clear cast resin and SLA/SLS post-processing tools

<div>

<p>Formlabs, a 3D printing technology provider, has launched BEGO TriniQ Resin, a 3D printing material developed for permanent and provisional restorations in the dental industry.</p>
<p>This new resin is designed to be used with the Form 4 billion printer, and is suitable for printing a wide range of dental structures, such as permanent bridges, crowns, inlays, onlays, veneers, and implant-supported crowns. It can also be employed for printing temporary restorations, including single units, and bridges of up to seven units, at layer thicknesses of 50-micrometer or 100-micrometer.</p>
<p>A single cartridge of the resin has the capacity to print up to 300 crowns, as per the company's claim.</p>

</div>

All Updates

Fabric8Labs raises USD 50 million in series B funding

SPEE3D demonstrates 3D printing for US Army

Xact Metal partners with PanOptimization to integrate simulation software for metal 3D printing

Velo3D delisted from NYSE; common stock begins trading on OTCQX Best Market

Chromatic 3D Materials raises USD 6 million in equity funding to build production capabilities

6K Additive expands product portfolio with angular chromium and titanium powder

Stratasys introduces Neo build processor for investment casting master patterns

3DEO raises USD 3.5 million in strategic investment from Mizuho Bank

SPEE3D secures funding from 1941 to expand global business

Formlabs introduces clear cast resin and SLA/SLS post-processing tools

Formlabs launches BEGO TriniQ resin for permanent and provisional restorations

Additive Manufacturing

Fabric8Labs raises USD 50 million in series B funding

Contact us