3D printer manufacturer Stratasys has announced that it will be reducing its global workforce by 10% as part of its plan to operate on a “leaner” business model. Spurred on by the financial implicatio…
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Kumovis closes €3.6 million Series A funding round with PEEK medical 3D printing
Kumovis, a German medical 3D printing startup, has announced that it has raised €3.6 million in a Series A funding round. The round was led by two additional partners in Renolit SE, the manufacturer o…
HP posts financial results for Q2 2020
HP Inc. (NYSE: HPQ) has announced its financial results for Q2 2020. For the three months ended April 30, 2020, HP generated a total net revenue of $12.5 billion. This figure is down 11.2 percent com…
Protolabs expands 3D printing capabilities with new £10.5m facility
Digital manufacturing company Protolabs has invested £10.5m in the construction of a new 3D printing facility. Built to accommodate a growing demand for Protolabs’ technology, the 5000 square meter f…
Additive Industries secures €14m in funding to fuel expansion
Dutch 3D printing company Additive Industries has received a €14 million investment from shareholder Highlands Beheer. The metal Powder Bed Fusion (PBF) 3D printer manufacturer will use the capital t…
Nano Dimension raises $35.9M in direct stock offering
Leading AM electronics provider Nano Dimension has announced the sale of 17,950,000 of its American Depositary Shares (ADSs) at $2 per share in a registered direct offering. The sales are locked in wi…
Materialise launches Mindware – a specialist 3D printing advisory service for businesses
AM software provider Materialise has just launched its new 3D printing advisory service – Mindware. The premium service is designed to offer businesses tailored, technology-neutral advice and in…
Sigma Labs posts financial results for Q1 2020
Sigma Labs, the Santa Fe-based quality assurance software developer for additive manufacturing, has announced its financial results for the first quarter ended March 31, 2020. The company’s revenue fo…
Stratasys announces financial results for Q1 2020
Leading 3D printer OEM Stratasys has announced financial results for the first quarter of 2020. The results show a total revenue of $132.9 million for Q1 2020. This figure represents a 14.4 percent d…
Nanofabrica raises $4m in investment round led by Microsoft-backed M12 and Nextleap Ventures
Nanofabrica, the Israeli developer of precision additive manufacturing technologies, has raised $4m of investment in a funding round led by Microsoft’s venture arm M12 and venture capitalists NextLeap…