PostProcess Technologies, a Buffalo, NY-based platform to automate post-printing for the industrial additive manufacturing (3D printing) market, raised $4m in seed funding.
Backers New York Ventures (which made a $1m investment), Rand Capital, Richmond Capital Partners, and angel investors from around the globe.
The company intends to use the funds to further accelerate technology developments (including proprietary software, hardware and chemistry) and expand its global Customer Experience Team.
Led by Jeff Mize, Chief Executive Officer, and Daniel Hutchinson, Chief Technology Officer, PostProcess provides patent-pending technology post-processing solutions including hardware, software and consumables for 3D printed parts, which aim to reduce labor-intensive tasks and enable customers to reduce time and money and increase throughput.
Customers span many industries including aerospace, automotive, consumer goods, defense and medical.