As element of agreement, XYZprinting to Manufacture and market Nexa3D’s Revolutionary High-Speed Industrial Stereolithography Printer global
Ventura, Ca, 9 November 2017 – Nexa3D, maker of ultra-fast Stereolithography professional-grade 3D printers, these days announced funding from strategic investor XYZprinting and equity crowdfunding system OurCrowd. This investment brings the total investment in company to $10M USD across various financing devices.
Leading the round, XYZprinting, the world’s leading desktop computer 3D printer brand name, will also manufacture and offer Nexa3D printers in XYZ brand name, and manufacture various other white labeled services and products for Nexa3D for industry leaders various other verticals.
“This comprehensive strategic alliance is made to accelerate marketplace use of affordable commercial quality 3D printers globally,” said XYZprinting CEO, Simon Shen. “We think that accuracy and speed would be the name of online game in the wide world of 3D publishing and therefore are pulling most of the stops to fast-track to advertise a disruptive photo-polymeric 3D printer that reimagines SL 3D publishing as we know it.”
“This collaborative effort with your people can change the facial skin of 3D printing,” said Nexa3D professional Chairman, Avi Reichental. “This printer is powered by Nexa3D’s proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix with the capacity of achieving top rates of just one cm per minute, which could significantly decrease 3D publishing rounds, from hours to minutes.”
“We are thrilled that OurCrowd’s many energetic early stage investment, Cognitiv is making affordable and fast industrial-grade 3D printing a real possibility compliment of this important relationship. OurCrowd is excited to get alongside international frontrunner XYZprinting, to revolutionize the ongoing future of 3D printing and bring market use of the planet,” said OurCrowd CEO Jon Medved.
Both companies be prepared to attain complete commercial status through the second half of 2018.
A video of this partnership is visible right here: http://bit.ly/2zpMcss
Come see XYZprinting’s brand new manufacturing 3D publishing portfolio including Nexa3D for action at FormNext, the largest event and meeting on future of additive production, November 14th – 17th, Frankfurt, Germany.
Records to Editors:
XYZprinting is a respected global supplier of comprehensive 3D publishing solutions. XYZprinting is the number 1 global brand name in desktop 3D publishing products and it is now going decisively into the professional additive production arena. XYZprinting is backed by the world’s leading electric production conglomerate, New Kinpo Group, which earns a lot more than 36 billion bucks incomes yearly and contains more than 8,500 designers in research and development across four continents. With nearly 2 decades of design and manufacturing knowledge, New Kinpo Group is an established producer of many of today’s printers for both personal and commercial usage. To learn more about us: pro.xyzprinting.com
Press contact: Annabelle Clarke email@example.com
NEXA3D is making ultrafast industrial-grade Stereolithography 3D printers inexpensive to professionals and companies of sizes. The business’s printers are running on proprietary Lubricant Sublayer Photo-curing (LSPc) technology and patented organized light matrix capable of achieving top speeds of 1 cm per minute, considerably reducing 3D printing cycles of accuracy practical parts from hours to mins. To find out more about Nexa3D: www.nexa3d.com
Press contact: Kate Li Dennis Kate@xponentialworks.com
OurCrowd may be the leading global equity crowdfunding platform for approved investors. Managed by a team of seasoned financial investment professionals and led by serial entrepreneur Jon Medved, OurCrowd vets and selects possibilities, invests its own money, and brings businesses to its accredited membership of global people. OurCrowd provides post-investment help to its portfolio companies, assigns skillfully developed as teachers, and takes board chairs. The OurCrowd community of nearly 20,000 investors from over 112 nations has actually spent over USD $500M into 120 profile companies and funds. To become listed on OurCrowd as a certified investor visit: www.ourcrowd.com
Press contact: Leah Stern firstname.lastname@example.org
Posted at Thu, 09 Nov 2017 16:03:00 +0000