Headmade Materials receives €5.8 million in EU funding
February 2, 2022
Headmade Materials GmbH, Wuerzburg, Germany, has been selected for the EU Commission’s EIC Accelerator programme as one of Europe’s most innovative companies. As such, the company will receive €5.85 million in support from the programme in an effort to bring its technologies to market faster, placing it among the programme’s top ten German companies.
“The funds from the EIC Accelerator programme will give us the additional resources we need to increase our speed even more and offer our technology to a broader international customer base,” stated Marius Geldner, CFO of Headmade. “Speed is one of the keys to success, especially in the international competitive environment.”
The metal Additive Manufacturing process used by Headmade, Cold Metal Fusion, enables the series production of complex metal parts in larger quantities – up to over 100,000 parts. This distinguishes the process from common metal AM processes, which may be more limited in terms of both speed and manufacturing costs for larger series.
The EU Innovation Council (EIC) Accelerator is part of the €95.5 billion Horizon Europe programme which aims to promote innovation and entrepreneurship from 2021 to 2027, with the Horizon Europe programme also hoping to slow climate change, meet the UN Sustainable Development Goals, foster innovation and create jobs in Europe.
“We are very proud to have been selected for the EIC Accelerator programme and to have prevailed over 1,000 other companies,” commented Christian Staudigel, CEO and co-founder of Headmade Materials. “This not only underlines the relevance of 3D printing for industries in Europe, but also that we are on the right track with our Cold Metal Fusion technology. At the same time, however, we also see this nomination as an obligation to make our technology available, also internationally, to as many users as possible and as quickly as possible.”