3Discovered, a Chicago, IL-based online exchange platform for commercial-grade 3D printable designs, closed its first external financing round of undisclosed amount.
Backers included AITV and private investors.
The round, which was more than 50% oversubscribed, followed last year’s initial seed investment by founders Ocean Tomo and Liberty Investment Ventures.
The company intends to use the funds for the development of its platform.
Led by Peer Munck, Co-founder and CEO, 3Discovered connects product design owners, customers, and 3D printing service bureaus through an online exchange platform to fulfill transactions of commercial-grade 3D printed designs and products. The company’s patent-pending exchange platform incorporates features such as piracy protection, quality verification, pricing transparency and multiple 3D printing locations and technologies.