AMFG secures breakthrough funding to Drive the Future of Fully Autonomous Manufacturing

3 Mins read
AMFG to drive autonomous manufacturing
AMFG to drive autonomous manufacturing/Source: AMFG

AMFG Corp., a rapidly growing Manufacturing Execution System (MES) & workflow automation software for industrial 3D printing company, has received ground-breaking funding led by Intel Capital to advance the companies’ shared vision of fully autonomous manufacturing, ushering in a new era of industrial transformation. Jennifer Ard and Alexandra Farmer, Intel Capital investors, have joined AMFG’s board of directors as part of the most recent fundraise.

With this new funding, AMFG will continue to help companies scale and streamline their additive manufacturing processes, further solidifying AMFG’s position. AMFG has solidified its software solution’s eligibility to stand at the forefront of the autonomous manufacturing revolution thanks to Intel Capital’s value add of formidable engineering expertise, capital, advisory input, and their powerful network.

Autonomous Manufacturing

Automation software’s growing impact over the last few decades, from cost reduction to increased production rates, has been game-changing. 3D printing technologies, in particular, are rapidly permeating the manufacturing scene, bringing speed, flexibility, and sustainability to a wide range of industries and markets. Despite this momentum, autonomous manufacturing is still in its early stages of adoption, slowing the industry’s growth rate and increasing the United States’ reliance on foreign imports.

GrabCAD® Software Partner Program
Above: AMFG enables machine connectivity and integration in additive production/Image Source: AMFG

Autonomous manufacturing must be fine-tuned and embraced far beyond its current footprint for the United States to scale its independent manufacturing processes, with widespread implementation promising to open up new job markets and increase the United States government’s incentive to transform its manufacturing landscape.

“Additive manufacturing is at an inflection point, shifting from rapid prototyping to large-scale part production and penetrating nearly every major manufacturing-centric industry including automotive, industrial & consumer goods, healthcare, as well as aerospace and defence.”

– Jennifer Ard, Managing Director and Head of Investment Operations at Intel Capital

Ard continued, “AMFG has become the go-to solution to help companies unlock the full potential of additive manufacturing to keep up with increasing demand. We’re excited to be part of Keyvan Karimi and his team’s journey.”

Scaling autonomous operations efficiently and effectively necessitates cutting-edge software systems like AMFG that provide a platform for managing and optimizing performance. AMFG’s MES encapsulates every stage of the manufacturing process and helps companies across industries scale their autonomous 3D printing processes as the industry’s leading provider of end-to-end workflow automation software.

What AMFG Partners Say?

Fortune 500 technology company HP Inc. is partnering with AMFG to improve workflow and management capabilities in its 3D printing business. According to Ryan Palmer, Global Head of Software, Data and Automation, and HP Personalization & Industrial Business, “Efficient connectivity and easy access to systems data is key to accelerating the journey towards digital AM production. We’re excited to partner with AMFG to help our customers bring more control, automation and visibility into their AM operations.”

Decathlon, a multinational sports retailer with over 2000 locations worldwide, also chose AMFG to manage and scale its first 3D printing service.

“AMFG was the solution that best fit our requirements to manage all our streams for Additive Manufacturing. From orders to production we can have everything in one place. Connectivity and openness of the platform let us imagine very powerful integrations with our ecosystem.”

– Arnaud Cosson, Digital Workflow Engineer at Decathlon

Matthew Forrester, the Additive Technical Manager at L’Oréal, a Forbes Global 2000 company 2022 and the world’s leading cosmetics brand, explained, “Considering our 3D printing volumes of thousands of parts per year, investing in an additive MES has been a natural step for us. We chose AMFG for its vast functionality and the ability to customize it to our needs.”

This funding round comes on the heels of a successful year for AMFG. These include expanding into the United States by establishing a global headquarters in Austin, Texas, putting the company in direct contact with the region’s rapidly changing manufacturing scene, and making several strategic hires to the AMFG team. AMFG will use this funding to advance its vision of forging a path into the future of autonomous manufacturing.

AMFG’s solution is centrally accelerating the industry’s transition to autonomous manufacturing by scaling additive manufacturing operations for hundreds of companies worldwide. We will transform and redefine supply chains and product life cycles by leveraging Intel Capital’s invaluable network and expertise, propelling the autonomous revolution to a gleaming future.

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.

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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.
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