3YOURMIND Closes $12M Series A Funding Round, Set to Advance Industrial 3D Printing Solutions

Funding Rounds

Summary

German startup 3YOURMIND, which provides industrial 3D printing software solutions, has been busy over the last year since it won the formnext 2016 Start-up Challenge and expanded its services in the US by making its San Francisco office permanent. The company has worked with EOS, whose founder became its main investor in 2015, on the AM Part Identifier (AMPI) system, and introduced the InstAMetal platform with GKN Sinter Metals this spring. The company has worked hard to develop intelligent, industrial 3D printing software solutions that offer innovative capabilities, such as automatic optimization of 3D models and real-time printability analysis. Being part of the Series A financing to support the expansion into the U.S. and Asia was an easy decision.” Among 3YOURMIND’s customers are global leaders in automotive, aerospace, and engineering technologies including Siemens and Continental, along with medium-sized companies and 3D printing service providers. “The investment in 3YOURMIND underscores our conviction that digital networking is essential to the development of the industry.” Industrial 3D printing makes it possible to manufacture lightweight but strong component parts, in single pieces, that are able to meet very precise tolerances.

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Amount $12.0M Total raised
Date October 9, 2017 Announcement date
Investors Coparion, EOS, Unternehmertum Venture Capital Partners, GKN Wheels Carpenedolo, TRUMPF International Lead investors
Company http://www.3yourmind.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Manufacturing Software Additive Manufacturing SaaS

Linked Companies

3YOURMIND
$5M to $10M
Disqus
$5M to $10M