3D Hubs, an Amsterdam, Netherlands–based automated manufacturing platform, raised $18M in Series C funding.
The round, which brought total funding to $30M, was led by Endeit Capital, with participation from Hearst Ventures, EQT Ventures, Balderton Capital, Arthur Kosten (founder of Booking.com) and Erik de Bruijn (founder of Ultimaker).
The company intends to use the funds to advance automation of key features for the manufacturing process, including quoting, design validation and smart order routing to its global network of suppliers.
Led by co-founder and CEO Bram de Zwart, 3D Hubs provides a platform that gives users the opportunity to directly upload CAD files for an instant quote and lead time before automatically sourcing a supplier on the back end, completing a process in a few minutes. The platform started as a 3D printing community and marketplace, and over the past two years shifted its focus to professional engineers and procurers. This includes adding CNC machining and Injection Molding to its service offerings, as well as improving the ease of use, standardization and reliability of the 3D Hubs platform.
It is used by over 20,000 companies across industries such as aerospace, aviation, energy, healthcare and robotics.
3D Hubs works with over 250 suppliers and has produced more than two million customized, high-precision parts to date.
FinSMEs
27/03/2019