The BigRep One.2 3D printer was hard to miss last week at the annual EuroMold show in Frankfurt. Bright orange and supersize 3D printing certainly draws a good crowd and the future looks even more promising as the Berlin based BigRep company has successfully locked its first round of financing.
Just 11 months after the startup began, the company has secured funding to further the development of a 3D printing ecosystem consisting of full scale printers, a cloud 3D printing service and new materials for industrial and professional use.
According to BigRep, the company has a lot of interested names on board from the automotive, aerospace and robotics sectors along with professional users such as architects, designers and artists.
Already a market leader with its revolutionary 1.3 m3 build volume, the new cloud system will enable thousands of printers on a global scale to be connected for localised manufacturing and efficient delivery times.
“BigRep’s affordable large-format printers and customer solutions such as BigRep Industrial Cloud Printing, surges forth to a new dimension in this promising technology,” René Gurka, BigRep CEO explained. “Since we started our business in the beginning of 2014, we have been literally flooded with requests and inquiries. Our new shareholders not only support us with capital, but more importantly they provide knowledge to foster the expansion of our R&D, production and sales.”
New investors include the ERP Fund Program from KfW Development Bank and Business Angels including; Dr. Christian Reitberger, Nanda Technologies founder Johannes von Borries and Billsafe founder Dr. Alexander Ey.