Kumovis, a Munich, Germany-based company that develops 3D printers specifically for medical technology, raised a seven-figure seed funding round.
Backers included High-Tech Gründerfonds and an unnamed family office.
The company intends to use the funds for the market launch of its printers.
Founded in October 2017 as a spin-off of the Technical University of Munich, Kumovis has developed technology that enables the manufacturing of individualized medical products, like patient-customized implants. Its printers are specially tailored to medical technology requirements. The focus is on the processing of high-performance polymers such as PEEK or PPSU, which are already established in medical technology and approved for manufacturing of medical products.