The Munich 3D startup DyeMansion raises 4.5 million euros in a Series A financing round. Investors are Unternehmertum Venture Capital Partners (UVC Partner), btov Partners (btov Industrial Technologies Fund) and as a strategic investor AM Ventures.
DyeMansion plans to use the funding to expand its global business and further expand its portfolio. The startup is an expert in surface finishing and coloring of additively manufactured plastic parts and has already established itself in the industry thanks to its globally unique product. The Munich-based company is currently working on a new technology for injection-molded surfaces on 3D-printed plastic parts.
DyeMansion aims to further expand its global business
CEO and founder Felix Ewald is confident that the financing and strategic support of investors will help DyeMansion grow internationally and strengthen its status as a technology leader in the industry:
"With AM Ventures and our new investors, we have found exactly the right people and the necessary expertise to accelerate our global growth and develop more technologies and Industry 4.0 solutions. Having such experienced partners on board helps us on this path."
The Munich-based 3D printing experts have more than 400 customers worldwide, including global players such as BMW, Daimler, Under Armour and HP.
"Thanks to our customers and partners, we've learned a lot about the requirements of the digital factory of the future. With the new financial resources, we will strengthen our R&D capabilities to deliver the best possible finish for every application,"
says Philipp Kramer, CTO and founder of DyeMansion.
The investor Benjamin Erhart, Partner at UVC Partners, is convinced of the market potential:
“3D-printed polymer parts are finding their way into serial production worldwide. DyeMansion not only helps with this, but also enables many applications through its technology. UVC is proud to support this rapidly growing market leader.”
The Munich-based company's ability to implement and innovate, as well as its focus on industrial use cases, were also decisive factors in the investor's investment. AM Ventures was already a seed investor and sees this financing round as "fantastic statement for Munich as the world's leading region for industrial additive manufacturing technologies”, says Arno Held, Chief Venture Officer of AM Ventures.
