BCN3D Technologies, a Spanish 3D printer maker, has acquired €2.8 million from both new and current strategic Investors. In 2019, the company gained over €5.5 million in Investment. This came after it was created from Polytechnic University of Catalonia (UPC).
The financial round was directed by The Spanish National Innovation Agency (CDTI) and was highly backed by fresh shareholders, The Mondragon Corporation. Ventures Capitalist companies Accurafy4, Danobat Group, and JME Venture Capital later joined the Conglomerate of Spanish Industrial businesses and took part in the financing.
BCN3D will utilize the Investment to develop its IDEX technology to make fresh materials and attributes for its workbench series of 3D printers.
“We are excited to have the support of Mondragon,” said Xavier Martinez Faneca, CEO of BCN3D. “It will allow us to strengthen our innovation plans for the workbench segment. I look forward to being part of this next phase of BCN3D, as we will accelerate the accessibility of 3D printing”.
BCN3D has focussed on advancing its IDEX 3D additive manufacturing technique since it became independent from UPC’s CIM-UPC Center. The firm was established in 2012. Although other double extrusion desktop 3D printers may have all the tool heads in the very carriage, the printers by BCN3D are able to regulate all tool heads separately.
Due to its mirror mode and duplication on the company’s 3D Printers, users are able to use all tool heads, at the same time magnifying the manufacturing capacity.
Founded on technology, the firm unveiled its Sigma variety of devices. The machines have been upgraded and enhanced severally within the years. For instance, in 2017, BCN3D unveiled its R17 type of 3D printers. It is with this that they highlighted a fresh fan system allowing better chilling, and an extra line of 6 varying hotends.
It was accompanied by the unveiling of its FFF double extruder 3D printing machines: the Sigma and Sigmax R19 in Sept 2018. The latest Sigma was created to provide high-resolution multi-material pieces, even as the Sigmax highlighted an IDEX architecture that had the ability of printing at a higher volume.
Later, the firm declared a series of collaborations to create fresh applications for, and grow the cope of its technology