Additive Industries Secures a €10M Loan for Global Expansion

2 Mins read

Additive Industries, the Eindhoven-based industrial 3D metal printer manufacturer, has secured a EUR 10 million loan from BOM Brabant Ventures and existing shareholder Highlands to accelerate growth.

Since its inception in 2012, Highlands has been the stable financing partner of Additive Industries and is now joined by BOM Brabant Ventures, a regional investment fund aiming for a strong, sustainable, and future-proof Brabant. The Province of North-Brabant is the home of many high tech equipment OEMs with its concentration in and around Eindhoven, where Additive Industries was founded in 2012.

Additive manufacturing applications

Above: Additive Industries secured EUR 10 Million loan from BOM Brabant Ventures/Image Credit: Additive Industries

Speaking on the recent investment, Miriam Dragstra, CCO of Brabant Development Agency (BOM) said, “Additive Industries plays an important role in ‘smart industry’ developments in Brabant, one of the cornerstones in our investment policy. The company has everything in place to become a leading global player in its market. Both employment and innovation of Brabant manufacturing industries benefit from this. Therefore, we are proud to be financing Additive Industries’ growth plans and assist the ambitious management team to expand their global footprint”.

Additive Industries

Additive industries is a manufacturer of industrial metal 3D printers. It is accelerating industrial additive manufacturing of high quality, functional, metal parts by offering a modular, end-to-end laser powder bed fusion system, MetalFAB1 system, and seamlessly integrated information platform, Additive World Platform, to high end and demanding industrial markets. With substantially improved reproducibility, productivity, and flexibility.

[penci_related_posts taxonomies=”undefined” title=”Also Read” background=”” border=”Black” thumbright=”yes” number=”4″ style=”grid” align=”none” displayby=”cat” orderby=”random”]

Additive Industries redefines the business case for series production of additive manufacturing applications in aerospace, automotive, medical technology, and high-tech equipment.

Jonas Wintermans, the co-founder of Additive Industries and Board Member of Highlands, said, “From the start, we have worked hard to build a stable and solid financial basis for the long term plans of Additive Industries. We have great confidence in the ambitions of the team. This loan is both a proof-point in the company history that underlines the trust we have in the team, as well as an essential fuel for further development of the business”.

Excited about the new investment to boost its expansion plans, Ilko Bosman, CFO of Additive Industries aptly concluded that, “We are grateful for the continuous support we have received from Highlands since our inception as well as for the new partnership and trust of BOM Brabant Ventures. We will invest the funds in advancing our process & application development activities, increasing R&D and expanding our support infrastructure. Customer satisfaction is our number 1 priority”.

About Manufactur3D Magazine: Manufactur3D is an online magazine on 3D Printing. We offer 3D printing news, insights and analysis from all around the world. To stay up-to-date about the latest happenings in the 3D printing world, like us on Facebook or follow us on Google+

2016 posts

About author
Manufactur3D is an Indian Online 3D Printing Media Platform that reports on the latest news, insights and analysis from the Indian and the Global 3D Printing Industry.
Related posts

Formnext 2023: A multifaceted conference program on three stages

2 Mins read
Formnext 2023 will feature ground-breaking additive manufacturing applications, technologies, and the latest innovations, as well as discussions

Patients Receive 3D Printed Cervical Cage With Great Success

3 Mins read
Discover how 3D printed cervical cage are reshaping spinal surgery, offering personalized solutions for enhanced patient outcomes.

Norwegian Oil Industry Innovates Vital 3D Printing Subsea Parts

2 Mins read
Explore how the Norwegian oil industry pioneers innovation with 3D printing technology to create essential 3d printing subsea parts.