Berlin-based Quantica has closed €14 million for its additive manufacturing tech. The startup, which has teams in Berlin, Barcelona and Cambridge now plans to ramp up commercialisation plans.
Additive manufacturing is a fast-growing tech vertical. It’s an area that has the potential to impact the future of how societies develop, offering more sustainable and efficient ways to manufacture, recycle and more.
Founded in Berlin, Quantica specializes in the design and development of its flagship NovoJet™ advanced, multi-material 3D printing technology. The startup has just closed €14 million in a Series A round. The investment round was spearheaded by a family office with ties to the dental industry, and saw participation from existing venture capital firms byFounders and Scale Capital, as well as key employees and management.
Claus Moseholm, CEO of Quantica: “Our team has been dedicated to developing this groundbreaking technology for several years now, and this funding represents a significant milestone in our journey to change how things are manufactured. We are excited to take our technology to the next level and empower designers, developers, and manufacturers to create better, faster, and more efficiently. With this investment, we are confident that we can continue to drive innovation and growth.”
Quantica’s innovative technology is based on an ultra-high viscosity, multi-material printhead technology called NovoJet. The tech opens up a novel application space and is able to combine multiple high-performance materials into a single object for a richer appearance or function. It also takes away the need for extensive post-processing which allows for the creation of functional, high-performance parts and products.
The firm plans to ship its first 3D printer by the end of 2023. The first product will be sold as an open application development platform, to allow customers to develop their own industrial-grade, multi-material fluids and applications. So far, the company has already captured the interest of numerous research institutes, universities, and industrial R&D teams – the dental industry, for example, is showing interest.
This latest investment will be used to industrialize and manufacture the first products as well as bolster marketing efforts when bringing the products to market. Funding will also allow further investment in human capital, bringing top talent to both technical and market functions.
Tommy Andersen, the Founder and Managing Partner at byFounders: “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. 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 commercialization and we look forward to seeing the company release its full potential.”
