3D Printed Membrane Maker Evove Raises $6.9M from AM Ventures - Interview - | The Voice of 3D Printing / Additive Manufacturing

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After its first successful commercial application of graphene-based membranes for the water sector and additively manufactured precision-engineered membranes, the UK-based company closed a \xa35.7 million ($6.9 million) funding round to accelerate growth and scale-up of the next generation of its products.Led by At One Ventures, backers of disruptive deep tech companies, with participation from AM Ventures, a German VC firm dedicated to 3D printing startups, and two existing investors, the new funding round will enable the organization to expand manufacturing capacity, scale up its proprietary reactive binder printing process and capitalize on its pipeline of opportunities. As a result, Evove says it can drive down energy consumption and save water by deploying its solutions to many applications.Evove Chief Marketing Officer (CMO) Andrew Walker told 3DPrint.com last week that most membrane manufacturers today continue to rely on decades-old methods to make a fundamental technology at the heart of almost everything we touch, including clothes, drinks, and car batteries. Basically, Walker says these 1960s processes that are still around today create porous structures that if seen under an electron microscope have a variety of pore sizes (as seen in the image below), which in itself makes it very difficult for precision filtration. It started by applying graphene oxide coatings to existing membranes, which increased performance but didnt solve deficiencies in the underlying substrate, which is an imprecise, outdated device. Moreover, this development attracted investors like AM Ventures, ready to drive forward its scaling potential, suggests Wyres.With its 3D printing technology on site and funds to support its expansion, Evove can now focus on its priority: helping emerging markets transition to a new energy economy.

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$5M to $10M