French 3D printing startup Dagoma have received €3 million from investors with a goal of international expansion in mind. The company, who celebrated success with the Discovery200, a DIY printer kit with a price tag of €299, are looking to expand with their new funds.
Having sold over 4,000 printers in just two short years, the investment led by Olivier Leclerq is sure to pay off. The funds are largely from lead investor Leclerq, one of France’s most illustrious businessmen. He is the vice-president of Decathlon Oxylane, the world’s largest integrated sporting goods retailer, and owner of Olivarius Hotels. The contribution from Leclerq will enable the expansion of Dagoma, who currently boasts 26 employees, but is hoping to increase to 41 by the end of the year.
The investment will also allow Dagoma to expand within France as well as overseas, with the first of their new offices being established in Pessac, a city near Bordeaux. With the expansion in the north of France, the south will follow, and the announcement of a training facility will assist with the expansion. Dago’Center is the first training center from the company, and will offer its users on-demand 3D printing, a co-working space and customer support services.
The startup was established in 2014 when Matthew Regnier and Gauthier Vignon had a shared dream of 3D printers being financially accessible to everyone. After releasing the Discovery200 they gave the world the Explorer350 Beta, a machine more geared towards professionals. Dagoma have recently redesigned the Discovery200 to be a quieter, more stable, more reliable machine, and labeled it the DiscoEasy200. With a build volume of 200 x 200 x 200mm, with a print speed of up to 100mm/s and a precision of 100 microns, it has the same €299 price tag as their inaugural machine kit. If you already own a Discovery200 you can easily upgrade too. For €89 you get all the new electronic components, and all the upgraded parts can be downloaded via Thingiverse.