ISF Incubator, Intellectual Ventures’ start-up arm, has entered into a joint venture with NTUitive, the innovation and enterprise company of Nanyang Technological University, Singapore (NTU Singapore).
The joint venture is called Secur3DP+ and will work to provide a supply chain hub for 3D printing built on proprietary blockchain technology, ensuring transaction security, quality assurance and IP protection. It hopes to make additive manufacturing a more viable option for companies by connecting companies with certified service providers.
Secur3DP+ has multiple patents and patent applications related to 3D printing and embedded identifiers, as well as access to NTU’s expertise in additive manufacturing and blockchain. Harnessing this knowledge, Secur3DP+ validates and authorises all projects, ensuring the right products are created and delivered in the most cost-effective way, and enables companies to protect and track their IP assets.
The joint venture has been established to facilitate distributed manufacturing. It has received funding initially by a contribution of seed capital from ISF Incubator, and will also leverage its partnership with NTU and NAMIC (the National Additive Manufacturing Innovation Cluster led by NTUitive) to tap into the country’s thriving start-up and 3D printing ecosystem.
“Singapore has a great ecosystem for start-ups and our partnership with NTU gives us access to one of the region’s top technology institutions,” said Jerome Hewlett, Vice President and Head of Business Development for ISF. “We’re excited to grow Secur3DP+ over the coming years and we continue to look for strong local entrepreneurs to lead other companies throughout the region.”
“Our company is filling a critical gap in the mass adoption of 3D printing,” added Eng Kiat Low, CEO of Secur3DP+. “By creating a global ecosystem of trusted partners, we hope to accelerate the adoption of 3D printing and allow business all over the world to get the products they need and do so securely, anytime, anywhere.”