Berlin-based Quantica, an additive manufacturing company, announced on Wednesday that it has secured €14M in a Series A round of funding.
A family office with ties to the dental industry led the round with participation from existing venture capital firms byFounders and Scale Capital, and senior employees and management.
Out of the total, the initial €10M has been secured, with the remaining €4M to be provided in a milestone-based second tranche.
Quantica says it will use the funds to advance the industrialisation and production of the initial NovoJet technology-based products, and strengthen promotional initiatives for their market launch.
In addition, the funding will also allow further investment in human capital, bringing top talent to both technical and market functions.
Quantica’s leadership team includes managers from leading organisations such as Xaar, HP, Stratasys, and Formlabs located in Berlin, Barcelona, and Cambridge (UK).
Quantica: Specialising in additive manufacturing
Founded by Ludwig Faerber, Quantica is a manufacturing company specialising in the design and development of advanced additive technology.
The company’s flagship technology, the NovoJet printhead, enables the efficient and streamlined production of multi-material, end-use products by combining high-viscosity materials in a single process.
The company says that NovoJet printheads can handle a wide range of high-viscosity materials, making it a versatile tool for manufacturers in various industries such as dental, healthcare, R&D, and more.
Quantica claims that its technology eliminates the need for extensive post-processing and allows for the creation of functional, high-performance parts and products.
The company plans to ship its first 3D printer by the end of the year. Quantica is now taking pre-orders for the system.
The first product will be sold as an open application development platform to allow customers to develop their industrial-grade, multi-material fluids, and applications.
“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,” says Claus Moseholm, CEO of Quantica.
“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,” adds Moseholm.
01
From port to startup fort: How Lars Crama is ‘Making it Happen’ in Rotterdam