Azul 3D secures $15 million in series A funding to propel the advancement of 3D printing technology.


Revolutionizing Manufacturing: Azul 3D Secures $15 Million in Funding

In a groundbreaking development, Illinois-based 3D printer manufacturer Azul 3D has successfully secured $15 million in a Series A funding round. The funding comes from a combination of existing investors and new backers, including electronics giant DuPont. With this injection of capital, Azul 3D aims to advance technology development for high-value applications and expand production in target markets.

One of the key technologies that Azul 3D is focused on is its High-Area Rapid Printing (HARP) technology. Utilizing a proprietary vat polymerization process that employs UV light, HARP allows for the creation of precise, thermally controlled objects with superior material properties from liquid plastic. This technology has the potential to revolutionize the manufacturing industry, particularly in the production of specialized electronic components and custom devices.

The investment from DuPont, a leading contributor to the Series A funding, underscores the company’s belief in the potential of Azul 3D’s technology. Randal King, Vice President of Technology at DuPont Electronics & Industrial, expressed excitement about the new business opportunities that could be created through this partnership.

Azul 3D’s journey in 3D printing has been marked by the involvement of industry veterans. John Hartner, the former CEO of 3D printing company ExOne, took on the role of CEO at Azul 3D in June 2023. Hartner brings with him a wealth of experience in leading technology companies across various industries. Additionally, G. Walter “Wally” Loewenbaum, the Former Chairman of 3D Systems and Founder of Rocky Point Ventures, has joined Azul 3D’s board as its newest member. Loewenbaum expressed his excitement about the potential of Azul 3D’s technology to capture high-value markets and enable innovative new products.

In 2020, Azul 3D partnered with DuPont to introduce advanced 3D printing technologies into the electronic materials industry. This exclusive agreement aimed to expand 3D printing into previously untapped applications, utilizing Azul 3D’s HARP technology. Led by Co-founder and Chair Chad Mirkin, the collaboration promised significant advancements in the field of rapid manufacturing.

Azul 3D has already made waves with the launch of its LAKE printer, a resin-based 3D printer that employs HARP technology. With its significant build volume and rapid printing capabilities, the LAKE printer delivers unparalleled throughput, reportedly up to 2000 times that of similar resin printers. Its compatibility with a wide range of materials makes it an attractive option for manufacturers across various sectors.

The Series A funding round for Azul 3D is just one example of the growing interest in 3D printing technology. Aalen-based large-format 3D printer manufacturer Q.Big 3D also recently closed a €2 million series A funding round, while Berlin-based industrial parts sourcing platform MakerVerse secured €9.4 million in a Series A funding round.

These investments highlight the potential of 3D printing to revolutionize manufacturing across industries. As we look to the future, it is clear that additive manufacturing will play a significant role in shaping next-generation manufacturing processes. It will be interesting to see what engineering challenges will need to be tackled in the coming decade to fully unlock the potential of 3D printing.

To stay informed about the latest developments in the world of 3D printing, be sure to subscribe to the 3D Printing Industry and keep an eye out for the 2023 3D Printing Industry Awards.

Hey there! We’ve got some exciting news to share with you today. But before we dive into it, we wanted to remind you that there are plenty of ways for you to stay connected with us. You can subscribe to our newsletter, follow us on Twitter, like our page on Facebook, and even check out our Youtube channel for some awesome content. We’ve got discussions, debriefs, video shorts, and webinar replays that you definitely don’t want to miss out on!

Now, let’s get into the good stuff. Are you currently on the lookout for a job in the additive manufacturing industry? Well, you’re in luck! We have just the thing for you. Head on over to 3D Printing Jobs, where you’ll find a fantastic selection of job opportunities in the industry. Whether you’re a seasoned pro or just starting out, there’s something for everyone.

To top it all off, we’ve got an exclusive featured image for you today. Feast your eyes on the magnificent factory of Azul 3D LAKE 3D printers. These cutting-edge machines are revolutionizing the additive manufacturing world, and we couldn’t be more excited to share this snapshot with you.

So there you have it, folks! Don’t forget to stay connected with us through our various channels, explore the job opportunities at 3D Printing Jobs, and take a moment to marvel at the incredible Azul 3D LAKE 3D printers. Until next time, happy printing!

Original source


“Why did the 3D printer go to therapy? Because it had too many layers of unresolved issues!”

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