Hamburg, Germany - June 13, 2023 - 3D Spark, a leading provider of automated solutions for identifying cost-cutting potentials in manufacturing through 3D printing, is pleased to announce the successful completion of its seed funding round, raising a total of $1,296,300. The round was led by FTTF, a prominent investment firm specializing in technology-driven ventures.
3D Spark is revolutionizing the manufacturing industry by offering a comprehensive tool that automates the process of screening parts and identifies those that can be produced more cost-effectively using 3D printing as opposed to conventional production technologies. The company's expertise lies in harnessing the power of 3D printing to enhance part performance, enable lightweight design, and significantly reduce inventory and lead times.
Manufacturers around the world face the challenge of identifying and quantifying cost-cutting potentials in their production processes. The abundance of technical drawings, CAD- and ERP-data can be overwhelming, making it difficult for businesses to efficiently analyze and optimize their operations. However, with 3D Spark's innovative solution, this process is simplified and streamlined, providing companies with actionable insights to leverage the benefits of 3D printing.
"We are thrilled to have FTTF as our lead investor in this funding round," said Fritz Lange, Co-Founder of 3D Spark. "Their support and expertise in technology investments align perfectly with our mission to empower manufacturers with the tools they need to drive cost reductions, improve part performance, and optimize their supply chains through the adoption of 3D printing."