MetShape receives seed capital from AM Ventures
July 6, 2021
MetShape GmbH, headquartered in Pforzheim, Germany, a manufacturer specialising in a Vat Photopolymerisation (VPP) process it refers to as Lithography-based Metal Manufacturing (LMM) has received seed financing from AM Ventures, the venture capitalist arm of the Langer Group. This financing round will enable investments in new equipment, expansion of marketing and sales measures, as well as further staff growth.
MetShape spun out of Pforzheim University in 2019 and received one year of start-up funding from the state of Baden-Württemberg. Since its beginning, MetShape has established a broad portfolio of AM technologies using its VPP technology, iwhich the company stated it has already implemented for many customer applications.
“With our holistic approach and know-how of the entire LMM process chain, we provide our customers the highest flexibility in developing and manufacturing their applications,” stated Dr Andreas Baum, the company CEO and co-founder.
Johann Oberhofer, Managing Partner of AM Ventures, anticipates that two-step sinter-based AM technologies will become increasingly important for the production of larger quantities of metal components. “The key to mastering indirect AM processes is to control the oven-based sintering processes after the green part has been 3D printed,” he stated. “We are convinced that the team around Dr Andreas Baum combines the necessary competencies and has extensive know-how for the development and serial production of high-quality applications.”
The company works closely with the engineering company Incus GmbH and Pforzheim University on the further development of VPP technology. As evidenced in this extensive research, MetShape hopes to be at the cutting edge of technology, able to offer its customers new material developments and cooperation projects.
Baum added, “With the further development of the company, we are increasing customer benefits to the extent that we are evolving from an LMM pioneer to a competent partner for all relevant AM technologies for the production of precise small and micro components.”