Metal 3D printing start-up Fabric8Labs raises $19.3 million
Summary
Fabric8Labs is based in San Diego and is coming to market with a patented 3D printing process that fabricates complex metal parts at the atomic level to deliver ‘superior feature resolution and enhanced material properties.’ The company is to step up the commercialisation of the technology, while also developing new applications, with the help of the $19.3m it has raised. “We are thrilled to be supported by this syndicate of industry-leading investors, who recognise the disruptive potential that additive manufacturing presents,” commented Jeff Herman, co-founder and CEO of Fabric8Labs. We are very excited to demonstrate, with the support of our investors, how our process will shape the future of manufacturing.” Though the details of Fabric8Labs’ technology is scant, the company is promising high-resolution and precision parts with controlled microstructure, surface finish and density, as well as minimal thermal post-processing. The company also suggests that the technology can print free standing parts and build directly into existing substrates, with a fully recyclable metal feedstock and low energy consumption delivering ‘sustainability without compromising design capabilities.’ “We are very optimistic about Fabric8Labs’ potential across a range of energy and industrial applications,” said Grant Allen, General Partner at SE Ventures. Join us at TCT 3Sixty, the event for 3D printing and additive manufacturing intelligence, on 28-30th September at NEC, Birmingham, UK, to see AM technology in action and learn from experts and end-users in our CPD-certified conference.
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