Additional Pre-Series A Financing and Strengthening of the Structure
“Kazuhiko Nishioka CEO of Sun Metalon" is pleased to announce that SUN METALON has raised additional pre-series A funding totaling approximately 270 million yen (US$2M).
The Company has raised additional funding from new investors, Impact Science Ventures, i-nest capital, and Scrum Ventures, and existing investor, D4V (Design for Ventures), bringing the total amount raised since inception to approximately 1.3 billion yen (US$9.7M).
Also, as part of efforts to strengthen the foundation for global expansion, Dr. Adrian Keppler, former CEO of EOS*1, a leading metal 3D printer company, will become an independent board member of the company as of March 1, 2023, and Mark Cook, former VP of 3D systems*2, a leading metal 3D printer company, will become VP of Product and Business Affairs as of March 1, 2023.
- EOS is one of the world’s largest metal 3D printer manufacturers. Headquarters in Germany
- 3D Systems is one of the world’s largest 3D printer manufacturers, including metal and resin 3D printers. Headquarters in the U.S.
Since its establishment in February 2021, SUN METALON has led the world in democratizing and popularizing metal 3D parts based on its proprietary ultra-high-speed metal 3D printing technology, which is 500 times faster than conventional technologies. In the future, we will continue to strive for a world where metal parts can be produced anytime, anywhere using local resources with SUNMETALON’s 3D printing technology.