Berlin-based additive manufacturing technology company, Quantica, has successfully raised a total of €19.7 million in Series A funding. The recent funding round saw participation from various investors including UK private equity and venture capital firm, West Hill Capital, a family-owned company in the dental industry, Quantica management, and South Korean venture capital firm, Big Bang Angels.
The new funding injection marks a significant milestone for Quantica, with the increased capital enabling the company to enhance its expansion efforts, bolster its team, and expedite the development and production of its state-of-the-art additive manufacturing solutions.
Quantica’s CEO, Claus Moseholm, expressed his enthusiasm for the funding round, stating, “This additional funding comes at a crucial time for Quantica as we solidify our position in the additive manufacturing market. With the increased resources, we can accelerate the advancement of our cutting-edge technology, delivering innovative solutions to address the evolving needs of various industries.”
By securing this substantial investment, Quantica aims to strengthen its foothold in the additive manufacturing industry, with a focus on driving product innovation and meeting the rising demand for efficient and reliable manufacturing solutions. The company’s dedication to pushing the boundaries of additive manufacturing technology positions it as a key player in transforming traditional manufacturing processes across sectors.
Quantica’s successful funding round not only underscores the confidence of investors in the company’s vision and potential but also serves as a testament to the promising future of additive manufacturing. As the industry continues to evolve, Quantica stands ready to make a significant impact with its pioneering solutions.