The 3D printing or additive manufacturing industry was worth $10.67 billion in 2021 and is projected to reach $50.82 billion by 2030, according to SmarTech Analysis.
Munich-based venture capital firm for additive manufacturing AM Ventures has wrapped up €100 million fund to transform the world with industrial 3D printing hardware, materials, software, and applications. The VC firm will use the funds to expand its strong portfolio of 17 companies to further boost the industrial 3D printing industry. The company rolled out the fund last year.
Johann Oberhofer, co-founder and managing partner at AM Ventures said: “The fact that portfolio company founders are now investing in our fund is a great validation of our exceptional effort. We aim to lead the sustainable additive revolution.”
The firm currently manages a seed portfolio of 17 companies in six countries on three continents. In 2021 alone, it led three investment rounds in Germany-based companies MetShape and Headmade Materials as well as Switzerland-based Scrona.
Arno Held, co-founder and managing partner added: “The additive manufacturing industry has shown steady and strong growth over the last decade and startups have played a crucial role during this time. Startups will continue to be key in providing the innovation required to finally bring the digital world to the real world, and that they will help to produce industrial goods in a sustainable manner and thus strengthen supply chains and tackle climate change.”