Adaptive3D, a Dallas, Texas-based premium additive manufacturing polymer resin supplier delivering tough, strain-tolerant and flexible materials, secured a Series A financing of undisclosed amount.
The round was co-led by DSM Venturing, the strategic funding arm of Royal DSM, a global science-based company active in sustainable living, nutrition and additive manufacturing, and Applied Ventures, LLC, the venture capital arm of Applied Materials, the leader in materials engineering solutions, with participation from Chemence, a multinational materials and adhesives supplier, and current investors Mary McDermott Cook and the late Margaret McDermott, whose father and husband, respectively, founded Texas Instruments in 1951.
Founded in 2014 by inventor Walter Voit, PhD, CEO, Adaptive3D is an additive manufacturing polymer resin provider partnering with global leaders to deliver solutions for functional end use products and prototypes.
Based on core chemistry originally developed through the course of a DARPA funded project, the company offers additive manufacturing polymer resins and specialty polymers to a range of industries around the world, including Fortune 500 companies such as Halliburton and Honeywell. In particular, it leads in the area of damping materials, rubber-like 3D printable materials, and low-cure stress photopolymers.