Zurich-based 9T Labs snaps up €3.9 million to develop its 3D printing solution | EU-Startups
Summary
9T Labs’ proprietary technology provides a seamlessly integrated workflow to mass produce industry grade carbon fiber composite parts, combining advanced software algorithms, 3D printing technology, and post-processing in one solution. The technology eases the use of this performance material, driving down lead times and production cost to accelerate the growth of this established €72 billion industry. Additionally, as part of the financing round, two experienced industry veterans join the board of directors, Andreas Wuellner and Bertrand Humel van der Lee, bringing together 40 years of experience in fiber composite processing and manufacturing. “Knowing from experience what limits the widespread adoption of advanced fiber composite solutions, I found 9T Labs’ integral technology approach to overcome such limitations, fostering the adoption in mass manufacturing, very convincing”, says Andreas. “In contrast to plastic and metal 3D printing companies, which compete with the existing and established automated CNC manufacturing solutions, 9T Labs enters a market which has not yet seen standardized automation and software solutions for mass manufacturing, providing a huge market potential”, explains Bertrand.