Headmade’s €1.8M funding round led by Jet Ventures
Jet Ventures, based in Brno, Czech Republic, is leading a €1.8 million funding round in Headmade Materials GmbH, headquartered in Wuerzburg, Germany, following its €1 million investment. The remaining €0.8 million was contributed by Matterwave, AM Ventures, and the European Innovation Council (EIC).
Headmade’s Cold Metal Fusion (CMF) technology is a sinter-based Additive Manufacturing process that enables the cost-efficient production of metal parts in large batches. The company plans to use the investment to expand the range of materials for CMF technology and develop new applications in cooperation with customers in Europe and the USA.
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“Headmade Materials is an attractive firm for its combination of technological innovation and a business model that enables faster scaling and recurring revenue,” stated Roger Dorsch, Director of Jet Ventures, Jet Investment’s venture capital team. ”CMF technology has the potential to fundamentally transform the production of metal components by making serial 3D printing available to a wider range of industrial companies. We believe that Headmade Materials has the potential to become a major player in the global market and, at the same time, suitably complements the portfolio of our Jet Venture 1 fund.”
“Our latest investment round is a signal of confidence in our technology, strategy and team,” stated Christian Staudigel, CEO and co-founder of Headmade Materials. “The funds raised represent a milestone for us on the path to further growth and expansion of applications that will accelerate the adoption of Cold Metal Fusion technology in the market.”
