VENTURA, Calif.–(BUSINESS WIRE)–Nexa3D, the pioneer of ultrafast production-grade polymer 3D printers enabling the next generation in additive manufacturing, announced today that it closed financing rounds exceeding $55 million in funding. The rounds were led by a multi-billion-dollar alternative asset manager and existing investors, OurCrowd and Saudi Aramco Energy Ventures, with participation from new investors as well. This funding enables Nexa3D to bolster its manufacturing operations to fulfill increasing customer demand, scale commercial activities worldwide, expand customer acquisition and customer success operations, grow its reseller channel globally, and expedite several new products to market. In addition, the funding allows Nexa3D to extend its overall polymer technology leadership by fast-tracking the development and commercialization of several new groundbreaking polymer 3D printers, launching a new class of performance polymers, and accelerating the development and deployment of its proprietary software platform.
Read more here.