MX3D, based in the Netherlands and a developer of robotic metal 3-D printing technology, has raised 7 million euros in a Series A funding round to accelerate its international growth. The funding round was led by
EDF Pulse Ventures, the corporate venture investment arm of the French energy company EDF, with participation from ING Sustainable Investments and continued support from PDENH — an existing investor.
MX3D’s wire arc additive manufacturing (WAAM) technology offers an alternative to traditional casting and forging methods for complex, high-value metal parts. The process cuts material waste by more than 80% and offers significant economic and environmental benefits. The company’s flagship product is its M1 Metal AM System, which enables companies to bring the production of large and complex metal parts in-house, boosting flexibility, cutting costs, and significantly reducing manufacturing lead times.
Fast-tracking global deploymentMX3D says that it will use this latest funding to fast-track global deployment of its range of 3-D printing systems and expand its rapidly growing ‘print-on-demand’ services. MX3D already works with leading organisations, including BMW Group, Framatome, and the US Army — and is currently active in the energy (oil and gas, and nuclear), maritime, and aerospace sectors and is now looking to venture into new industrial sectors.
To meet global demand, MX3D is expanding its Amsterdam facility with a new production hall equipped with six additional systems, bringing the company’s total number of systems to 15, including several that are dedicated to material innovation and the continued development of its proprietary MetalXL Software. MX3D is also expanding its global sales network with local partners.
A recent collaboration with Phillips Corp, for example, aims to accelerate adoption among US federal clients. Furthermore, certifications — including ISO 9001 and a successful API 20S audit conducted by two major oil and gas players — further reinforce ‘MX3D’s readiness to serve mission-critical industrial applications’.