Subscribe Now
GLOBAL NEWS

BMW i Ventures Leads the Seed Financing Round of 3D printing Company, Rapid Liquid Print

2 Mins read
Above: Image: Material is dispensed or “drawn” into a gel bath/Image Source: BMW i Ventures

BMW i Ventures – BMW’s venture capital firm recently announced a lead investment in the seed financing round of Rapid Liquid Print (RLP), which brings the benefits of 3D printing to elastomers with a revolutionary gel-printing technology that uses industry-standard materials, such as soft rubber, silicone and foams, to produce soft, flexible products without retooling or post-processing. Also participating in the round is MassMutual through the MM Catalyst Fund (MMCF). 

RLP has an exclusive license from MIT for technology originally developed in MIT’s Self-Assembly Lab. The team has perfected a new printing process where a liquid object is “drawn” in 3D within a gel suspension. The object cures while printing and then is ready for use with minimal post-processing. RLP produces large-scale objects from high-grade materials such as rubber, foams, and plastics in a matter of minutes. Traditional 3D printing is restricted by slow speeds, limited build volumes, and poor material quality, which makes it unreliable as a mainstream manufacturing process. RLP changes the game for creating large-scale, elastomeric, airtight, and high-quality products in minutes. 

“RLP’s breakthrough technology is disrupting the 3D-printing space by enabling the rapid printing of elastomeric structures of any size and complexity,” said Marcus Behrendt, Partner and CEO at BMW i Ventures. “With BMW i Ventures’ support, the RLP team can continue demonstrating its commitment to creating high quality, low-cost elastomer products.”

RLP’s seasoned team includes Founder & CEO, Schendy Kernizan who previously co-directed and managed researchers and students at MIT’s Self-Assembly Lab to deliver projects for the likes of Google, BMW and Steelcase. Additionally, Co-Founder & CTO, Bjørn Sparrman managed the technical operations at the MIT Self-Assembly Lab and, since RLP’s 3D printing technology’s inception, led the charge for its development. The two are joined by additional co-founders Skylar Tibbits and Jared Laucks – both Directors at MIT’s Self-Assembly Lab. 

“We’ve spent years perfecting our technology and building a product that solves the pain points the 3D-printing industry has faced. RLP removes limits on design, can print large-scale and multiple objects at once, and is faster than any other solution currently on the market,” said Kernizan. “With this funding from BMW i Ventures and MM Catalyst Fund we will accelerate our ability to offer a wide variety of solutions to a broader market.”

“MMCF was drawn to Rapid Liquid Print’s unique technology, highly adaptable production process and impressive leadership team,” said Liz Roberts, Head of Impact Investing at MassMutual. “We’re excited to support RLP alongside BMW i Ventures as RLP revolutionises the 3D-printing process and continues to grow and bring its innovative capabilities to new customers.” 

RLP will use the new funds to develop their 3D-printing solutions to expand within existing customers and into new customers with additional applications and materials.


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

1741 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.
Articles
Related posts
POST-PROCESS

AMT to launch the new PostPro SF PP Vapour Smoothing System at Formnext 2022

2 Mins read
AMT announces the launch of their new and patented polypropylene vapour smoothing system. PostPro SF PP.
POST-PROCESS

Rivelin Robotics to exhibit NetShape Robots for Metal AM Post-Processing at Formnext 2022

2 Mins read
Rivelin Robotics announced that it will be exhibiting its Netshape Robots at Formnext 2022 in Frankfurt, Germany, from November 15 to 18, 2022.
POST-PROCESS

PostProcess releases new resin removal solution for Composite and Ceramic-Filled Resins

1 Mins read
PostProcess released PLM-405-SUB, a revolutionary new resin removal solution to its portfolio of industry leading post-printing solutions.

Leave a Reply