Quick Summary
Additional Context
Money continued to move into 3D printing in the second half of August. Hike Medical raised $22.5 million as it grows its 3D printed custom medical device business. Swiss additive manufacturing (AM) company Exentis announced two deals covering 23 production systems worth a combined CHF 33 million ($40.8 million). AI 3D company Math Magic has raised nearly $50 million across two rounds in six months. Meanwhile, PyroGenesis picked up several new orders for its titanium powder, including repeat business from a U.S. research customer.
$22.5M for a 600-Printer Farm
Hike Medical has raised $22.5 million in seed and Series A funding as it expands its medical device business. The financing was led by Max Altman at Saga Ventures. Indicator Ventures, Fifth Down Capital and RiverPark Ventures also p