Additive Assurance, developer of in-process quality assurance for 3D Printing, raises $4.1 Million

1 Mins read
Additive Assurance in-process quality assurance for 3D Printing
Additive Assurance team at Formnext 2021/Source: Additive Assurance

Additive Assurance,, a Monash University spinoff developing in-process quality assurance for 3D printing, has completed a $4.1 million funding round.

Significant Capital Ventures (SCV), which will gain a seat on AA’s board, led the fundraising, which was supported by Hostplus and existing investors IP Group Australia and Monash Investment Holdings.

The new funds will be used to hire more R&D and business development personnel, as well as to establish a “Additive Manufacturing quality assurance centre of excellence” at the company’s Melbourne headquarters.

Additive Assurance – Quality Assurance for 3D Printing

Additive Assurance is a company based in Australia that creates in-process quality assurance for the 3D printing process. It has put a novel in-situ monitoring tool for metal 3D printing on the market. Machine learning analytics are used by the sensing tool to solve reproducibility and reliability issues, and it provides real-time defect alerts with full process traceability. Metal 3D printing will be more widely adopted as a result of this technology in a variety of industries, including aerospace, defense, energy, and medical devices.

“This investment further validates the transformative growth opportunity presented by additive manufacturing, our technological advantage in providing quality assurance and our continued market momentum.”

– Marten Jurg, Co-founder and CEO, Additive Assurance

It refers to its solution as AMiRIS. It employs spectral sensors located outside a machine and looking into its chamber to detect defects as a part is being manufactured. The method is currently used with laser powder bed AM.

In 2020, DSTG became its first customer, and Additive Assurance says it is currently working with international aerospace and advanced manufacturing customers to help move AM into serial production. It announced Volkswagen in Germany as a commercial partner a year ago.

AMiRIS is a replacement for CT scans, which are currently used to check the structural integrity of printed parts.

 “In a world where supply chain control and quality is going to become increasingly important, Additive Assurance has the opportunity to be adopted on a global scale, reducing time, cost and waste across the industry value chain.”

Jurg co-founded the company in 2019 with Associate Professor Andrey Molotnikov, his former PhD supervisor at Monash.

About Manufactur3D Magazine: Manufactur3D is an online magazine on 3D Printing. Visit our Global News page for more updates on Global 3D Printing News. To stay up-to-date about the latest happenings in the 3D printing world, like us on Facebook or follow us on LinkedIn and Twitter. Follow us on Google News.

2017 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

Mantle raises $20 Million to expand Metal 3D Printing Technology for Precision Tooling

2 Mins read
Mantle, the market leader in metal 3D printing technology for precision tooling, has raised $20 million in a Series C funding round. To date,

LightForce Orthodontics, a 3D Printed Brace Maker, Raises $80 Million

2 Mins read
LightForce Orthodontics, the US-based personalised 3D Printed Brace provider, has secured $80m in a Series D round led by Ally Bridge Group

MetaFold Increased funding by $1.78 million for 3D printing

2 Mins read
Early investment of $1.78 million has been secured by the cloud- and API-based 3D engineering platform provider Metafold. This funding will be…