"Essentium announced that it has closed $22.2 million in Series A funding. The round was led by BASF Venture Capital with participation from Materialise, Genesis Park, and previous seed round investors. BASF Venture Capital Investment Manager, Sven Thate, will join the Essentium board. 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."
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