Feb 5, 2019 | By Thomas
Adaptive3D, a Dallas, Texas-based premium additive manufacturing polymer resin supplier delivering tough, strain-tolerant and flexible materials, announced today that it has secured Series A financing from a syndicate co-led by DSM Venturing and Applied Ventures, LLC.
DSM Venturing is the strategic funding arm of Royal DSM, a global science-based company active in sustainable living, nutrition and additive manufacturing, and Applied Ventures is the venture capital arm of Applied Materials, the leader in materials engineering solutions. Also joining the round are Chemence, a multinational materials and adhesives supplier and current investors led by Mary McDermott Cook and the late Margaret McDermott, whose father, and husband respectively, founded Texas Instruments in 1951.
Founded in 2014 by inventor Walter Voit, PhD, CEO, Adaptive3D offers polymer resins and specialty polymers for additive manufacturing and specialty end applications. Adaptive3D printable photoresins are targeting the high-throughput manufacturing of complex 3-dimensional plastic and rubber parts in open-air production environments.
Adaptive3D founder and CEO, Walter Voit.
“Adaptive3D seeks to challenge the cost, throughput and performance in markets today dominated by traditional injection molding, blow molding and other thermoplastic processing techniques,” said Voit. “By delivering lightweight, sustainable, micro-latticed structures with superior thermal, chemical, optical and mechanical properties, Adaptive3D seeks to drastically increase the utilization of plastics and rubbers in end applications using additive manufacturing.”
"At DSM we believe that the age of additive manufacturing for industrial applications is, in fact, the age of materials,” said Hugo Da Silva, DSM VP of Additive Manufacturing. “Adaptive3D's engineered photoresins enable new design paradigms in end applications. Working together with Applied Materials allows us to think globally about big problems at scale and offer big ecosystem solutions.”
“Applied Materials is a global leader in semiconductor processing and patterning with light and e-beam technology,” said Om Nalamasu, President of Applied Ventures and CTO of Applied Materials. “Adaptive3D’s photoresins coupled with large-area processing and advanced patterning techniques could potentially deliver robust materials-based solutions at high throughput and low cost across multiple industry verticals.”
Posted in 3D Printer Company
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