October 23, 2019
British3D printingAdditive Manufacturing Technologies (AMT), a post-processing expert, announced the completion of a US$5.2 million Series A financing. This round of financing was funded by DSM Venturing (the venture capital arm of global material manufacturer Royal DSM), Foresight Williams Technology EIS Fund (an investment fund formed by private equity firm Foresight Group LLP (Foresight)) and the venture capital department of Williams Advanced Engineering.
AMT will use the newly-financed US$5.2 million to commercialize the post-processing technology.
Joseph Crabtree, CEO of AMT, said: “I am very pleased to announce our Series A financing. This funding can accelerate our3D printingThe commercialization of post-processing systems can provide industrial customers with end-to-end solutions from material selection to part finishing. We hope to become a world leader in automated post-processing technology. “
△From left: Joseph Crabtree, CEO of AMT, and Luis Folgar, Executive Vice President of Americas at the factory in Austin, Texas.
AMT’s PostPro3D technology
AMT was established in 2017, focusing on3D printingAutomated post-processing system for parts manufacturing; headquartered in Sheffield, with a manufacturing plant in Hungary, and plans to open a North American headquarters in Austin, Texas in the fourth quarter of 2019.they think3D printingA large number of manufacturing costs are derived from a large number of manual post-processing steps.For example3D printingLater, the process of cleaning and polishing the parts is labor intensive.
AMT’s post-processing system is designed to “free3D printingThe ability for mass production” aims to help customers automate their manufacturing processes. The core of its technology is the proprietary Boundary Layer Automatic Smoothing Technology (BLAST), developed by the Advanced Additive Manufacturing (AdAM) Center of the University of Sheffield.
△PostPro3D post-processing system
In September 2018, AMT’s first commercial system, PostPro3D, was launched. PostPro3D has been certified by a third-party regulatory agency to be able to3D printingThe components are finished into sealed and smooth parts, suitable for the use of BLAST technology. AMT claims that the quality of its parts is comparable to injection-molded parts.And, it interacts with a variety of polymers3D printingTechnology compatible, such as powder bed fusion, HP Multi Jet fusion, high-speed sintering SLS and FDM/FFF.
At RAPID + TCT 2019 in May, AMT also launched two new automated post-processing systems, namely PostPro3DColor and PostPro3DMini. PostPro3DColor system, can be polished3D printingThe parts can also be colored at the same time. On the other hand, PostPro3DMini is a reduced version of the original PostPro3D, with a processing chamber of 300 x 350 x 300 mm.
△Made of EOS PA2200 material3D printingParts, use PostPro3D system for post-processing.
3D printingCommercialization of post-processing technology
In 2017, AMT received a £624,000 (US$782,000) grant from Innovate UK, the UK Government’s Technology Strategy Committee. In addition, it has previously obtained seed investments from Midwest Additive Ventures and NPIF-Mercia Equity Finance through Mercia Asset Management PLC.
With the new funding, AMT plans to accelerate the sales of its post-processing systems. It is also preparing to provide a commercial version of its digital manufacturing system as a fully integrated post-processing solution. The digital manufacturing system uses powder removal, surface modification and coloring to automatically replace the original manual post-processing steps.
Pieter Wolters, Managing Director of DSM Venturing, said: “AMT is completely changing3D printingThe post-processing field of parts makes additive manufacturing more competitive in industrial-scale production. We are very happy to include AMT in our additive manufacturing portfolio, and we will support it to accelerate its development. “
(Editor in charge: admin)
0 Comments for “British 3D printing post-processing startup AMT receives US$5.2 million in Series A financing”