German 3D printing company trinckle 3D has successfully completed a financing round of an additional €700,000 for its 3D printing software solutions.
During this round, the company gained KfW Bankengruppe (KfW) and repartners gmbh (redpartners) as new investors along with a business angel as a new investor in addition to the existing shareholder BFB Frühphasenfonds Brandenburg GmbH (BFB). The latter has made use of its conversion rights from a subordinated loan and will therefore continue to hold a 15% stake in trinckle.
Founded in January 2013, trinckle gives customers quick and easy access to 3D printing via its “3D Printing Enterprise Solutions” including “Software as a Service” (SaaS) solutions that provide support for modern 3D printing companies during design to manufacture entire process.
Following its first financing round at the beginning of 2014, another €700,000 of fresh capital is now flowing into the company which will be used to expand the SaaS area and to market the trinckle Product Customizer.
“Our flagship product, known as the 3D Product Customizer, makes good on one of the biggest promises of 3D printing: personalised products for everyone,” Florian Reichle, co-founder and managing director at trinckle explained. “Thanks to the customizer, customers can individually configure or design static products without any special expertise. With our 3D printing technology, customers can also manufacture individualised products cost- efficiently.”
Dr Jan Alberti, the responsible investment manager at bmp Beteiligungsmanagement AG, added: “trinkle’s services are already marketable and thus give customers access to the market in a quick and easy manner. As the manager of BFB Frühphasenfonds, bmp already identified trinckle’s potential last year. We are all the more pleased that the company has developed outstandingly in the last 18 months and that it has acquired other renowned investors. We are convinced that trinckle will gain a substantial share of the 3D printing market.”