3DPRINT.COM: $22 Million BASF and Materialise Essentium Investment, Analysis and Comment

January 24, 2019

BASF Venture Capital along with Materialise and Genesis Park (the Houston based VC not the park that purportedly gives us evidence that Man and Dinosaurs coexisted) closed their $22.2 million investment in Essentium. The company stated that the 'The funding round will be used to scale manufacturing, engineering, international distribution, sales and marketing operations to meet market demand for the recently introduced Essentium High Speed Extrusion (HSE) Platform' which it feels will have an impact on the 'manufacturing workflow of automotive, aerospace, contract manufacturing and biomedical industries.' Previously the three firms already partnered together."


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