Amsterdam-based start up 3D Hubs recently landed $7 million in Series B funding, in an impressive move to further cultivate their online marketplace for 3D printing services. Through their website, 3D Hubs allows customers to order 3D printing jobs and connects companies who require 3D services with local providers through an API that automates short production runs of products.
The investment was lead by one EQT Ventures, a Stockholm-based company that takes special interest in promising tech companies like the rising star, 3D Hubs. Having invested more than €566 million in tech-driven companies across Europe, EQT’s latest investment seems quite promising for the start up. The sum was also backed by Booking.com co-founder Arthur Kosten, Balderton Capital, the DOEN Foundation and Marcel Beemsterboer, owner of Zeeburg Ventures.
Watch out for these guys
3D Hubs pride themselves on connecting anyone from around the world with 3D printing services by simply uploading a design and sending it off to local providers. This latest round of investments will allow them to become big players in rapid prototyping and customized production services, both of which are on a steady rise in 3D printing community.
Joining online marketplaces like MyMiniFactory, 3D Hubs will also prove to be serious contenders in the game, offering connections to a variety of printers and printing materials, which in turn allows them to appeal to a large customer base from hobbyists to educators to top manufacturers.
Why are they different?
To set themselves apart, 3D Hubs has created a sophisticated platform which features systems that ensure the integrity and authenticity of uploaded files and also fish out any problems on the site. Additionally, their team is well aware of – at the forefront of – the manufacturing move from outsourced production services to local services afforded through 3D printing technology.
After this significant boost, we here at 3D Printing Industry will certainly be keeping an eye out for what’s next to come from 3D Hubs. Stay tuned with us in our newsletter!