November 15, 2024

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8.25 million euros for industrial materials

8.25 million euros for industrial materials

The company from Unterpleichfeld combines 3D plastic printing with metallic powder. With technology, Headmade Materials convinced a new investor.

Head Made Materials has closed a Series A funding round of approximately €2.5 million. AM Ventures participated as the lead investor, and existing investor Btov Industrial Technologies Fund invested again. At the end of 2021, the 3D printing company was also able to secure funding of approximately 5.8 million euros from the EIC Accelerator program of the European Union Innovation Council. A total of €8.25 million is now pouring into the handcrafted items.

The company wants to use the capital to expand its production capacities and international sales. It also wants to develop 3D printing technology “Cold Metal Fusion”. The process combines 3D plastic printing with powder metallurgy. In this way, the head material allows its customers to mass-produce metal components.

“With decades of experience in industrial 3D printing, AM Ventures is the perfect choice for us. In addition, the interaction with our current investor Btov Industrial Technologies Fund has already worked excellently elsewhere in the additive manufacturing space,” says the founder Headmade Materials Co. and Managing Director Christian Studegel.

Together with Christian Fischer, Marius Geldner and Christian Fink, he founded Headmade Materials in 2019 from the SKZ Research Institute near Würzburg. In the first round of financing in 2020, the company received 1.4 million euros from Btov partners.

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