Berlin-based additive manufacturing startup Quantica has closed at €14 million Series A round. According to the company, the new capital will be used to further develop and produce its multi-material 3D printing offer.
Quantica’s €14 million, or is that €10 million with dependencies(?) Series A round was led by an undisclosed family office which apparently has ties to the dental industry, with byFounders and Scale Capital, as well as key employees and management participating.
According to the company they plan to will ship its first 3D printer by the end of the year. The first product will be sold as an open application development platform, allowing customers to develop their own multi-material fluids and applications.
“As one of the earliest investors in Quantica, we’ve been thrilled to be a part of their journey towards transforming the manufacturing industry with new groundbreaking technology,” commented byFounders founder and managing partner Tommy Andersen. “The 3D printing space is evolving rapidly and Quantica is on the forefront of a whole new wave of products that will vastly expand the market and use cases in many industries. This capital raise enables Quantica to accelerate both product development and commercialisation and we look forward to seeing the company release its full potential.”