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Nexa3D Raises Over $55M In Financing Rounds As It Solidifies Sector-Leading Momentum

May 17, 2021over 4 years ago

Amount Raised

$55

Round Type

pre-seed

Ventura

Description

Nexa3D, the pioneer of ultrafast production-grade polymer 3D printers enabling the next generation in additive manufacturing, announced today that it closed financing rounds exceeding $55 million in funding. The rounds were led by a multi-billion-dollar alternative asset manager and existing investors, OurCrowd and Saudi Aramco Energy Ventures, with participation from new investors as well. This funding enables Nexa3D to bolster its manufacturing operations to fulfill increasing customer demand, scale commercial activities worldwide, expand customer acquisition and customer success operations, grow its reseller channel globally, and expedite several new products to market. In addition, the funding allows Nexa3D to extend its overall polymer technology leadership by fast-tracking the development and commercialization of several new groundbreaking polymer 3D printers, launching a new class of performance polymers, and accelerating the development and deployment of its proprietary software platform.

Company Information

Company

Nexa3 D

Location

Ventura, California, United States

About

Nexa3D is digitizing the world’s supply chains sustainably. The company makes ultrafast industrial grade polymer 3D printers affordable for professionals and businesses of all sizes. The company’s partnerships with world-class material suppliers unlock the full potential of supply-chain approved polymers that are tailored for faster production at scale. Nexa3D’s software platform optimizes the entire additive production cycle through process interplay algorithms that ensure part performance and production consistency, while minimizing material usage and waste to reduce energy consumption and carbon footprints. To learn more, visit www.nexa3d.com, like us on Facebook, or follow us on Instagram, Twitter, and LinkedIn.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech