Tuesday, June 25, 2024
Home3D PrintingFast Liquid Print raises $7 million to scale its support-free, gel 3D...

Fast Liquid Print raises $7 million to scale its support-free, gel 3D printing know-how

Fast Liquid Print (RLP), a 3D printing spin-off from the Massachusetts Institute of Expertise (MIT), has raised $7 million in sequence A funding.   

Primarily based in Boston, RLP’s gel-dispensing know-how allows the manufacturing of sentimental, pliable, and large-scale merchandise in a matter of minutes. At present, this know-how is getting used to 3D print elements for patrons throughout a spread of industries, together with the medical, automotive and shopper items sectors.  

The corporate will leverage its new capital to scale its manufacturing capabilities, develop its worker base, and construct extra enterprise areas. 

What’s Fast Liquid Printing?

First launched at Design Miami 2017, RLP’s know-how permits 3D objects to be “drawn” inside a gel suspension. Right here, a liquid materials combination is injected into the gel, which holds the fabric in place as it’s cured, negating the necessity for help buildings. The 3D printing course of is accomplished in a matter of minutes, with the ultimate elements requiring minimal post-processing.  

Based on RLP, this course of permits for the excessive throughput manufacturing of large-scale elements with complicated geometries. These elements could be 3D printed utilizing industry-standard supplies like foams, rubbers and silicones. The corporate claims that its course of is superior to different elastomeric 3D printing applied sciences, as it’s not restricted by pace or dimension limitations. 

RLP additionally factors to the sustainability advantages of its know-how, with the gel in a position to be reused in a number of 3D print jobs. Furthermore, elements 3D printed in silicone could be absolutely recycled on the finish of the product life cycle.

Initially, RLP know-how was focused to inside design purposes, such because the manufacturing of 3D printed furnishings. Nevertheless, the corporate has now expanded its attain, catering to the wants of researchers and firms requiring medical units, footwear, dwelling items, aviation, and automotive elements. 

A material being dispensed into a gel bath during Rapid Liquid Printing.
A fabric being distributed right into a gel bathtub throughout Fast Liquid Printing. Picture by way of Fast Liquid Print.

RLP raises $7 million in sequence A funding 

Led by HZG Group, the financing spherical additionally drew backing from current buyers BMW i Ventures and MassMutual by means of its MM Catalyst Fund (MMCF). 

This provides to HZG’s rising €60 million Tech Fund, which has a devoted deal with 3D printing startups. The agency primarily targets Europe’s DACH area, with RLP representing solely its second US funding. 

RLP’s CEO and Co-founder Schendy Kernizan calls HZG Group, “an investor who acknowledges the complete potential of our know-how and has its personal monitor file of setting requirements with the introduction of metallic 3D printing on an industrial scale.” He believes that the brand new partnership will assist take RLP’s know-how “to the subsequent stage,” with the corporate benefiting from HZG’s experience and connections within the tech area.    

BMW i Ventures and MassMutual’s curiosity in RLP dates again to 2021 once they first supplied the corporate with seed funding to develop its elastomer 3D printing product portfolio.   

“With the HZG-Fund main the Collection A funding, we’re thrilled to have discovered an excellent associate famend for his or her experience in 3D printing. Teaming up with HZG and the visionary leaders at RLP, we’re positive to create a winner within the area of elastomer 3D printing,” commented Marcus Behrendt, Managing Director BMW i Ventures.     

“The unparalleled know-how from RLP has accrued vital curiosity, affirming its superiority. Their success in demonstrating the potential relevance of their know-how within the automotive {industry} speaks volumes.”    

The RLP team. Photo via Rapid Liquid Print.
The RLP workforce. Picture by way of Fast Liquid Print.

Latest funding in 3D printing 

2024 has already seen a number of 3D printing corporations appeal to funding. In March, metallic 3D printing startup Fluent Metallic launched out of stealth after elevating $5.5 million in enterprise capital funding. 

The funding is getting used to develop the agency’s drop-on-demand know-how. This production-scale, wire-based, liquid metallic printing (LMP) course of is alleged to be fully waste-free, making it cheaper and extra sustainable than powder-based 3D printing. Fluent Metallic’s course of is appropriate with most metals, together with heat-resistant refractory metals. It additionally fabricates full elements in a single step, minimizing variability.    

Elsewhere, Canadian 3D printing powder developer Equispheres secured an preliminary shut on its Collection B financing, elevating roughly CAD $20 million. This funding spherical was led by Martinrea Worldwide, with INFOR Monetary, and Stifel Nicolaus Canada performing as monetary advisors. McCarthy Tétrault supplied authorized counsel all through the financing course of.  

Equispheres atomization know-how for metallic powders is aimed toward enhancing industrial additive manufacturing. Its aluminum powders can reportedly increase 3D printing speeds, enabling price discount. 

The corporate will use its new funds to help the introduction of a number of new reactors this yr, with a view to increasing its manufacturing capabilities. Equispheres additionally plans to enhance its services and forge new partnerships to help the event of recent supplies.      

Wish to assist choose the winners of the 2024 3D Printing Business Awards? Be part of the Skilled Committee in the present day. 

What does the way forward for 3D printing maintain?

What near-term 3D printing developments have been highlighted by {industry} specialists? 

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Featured picture reveals the RLP workforce. Picture by way of Fast Liquid Print.



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