Headmade Materials raised €2.5M in a Series A round of funding led by additive manufacturing specialist AM Ventures.
Headmade Materials, a Würzburg, Germany-based manufacturer of a metal 3D printing process called ‘cold metal fusion’, announced closing series A round at €2.5M ($2.8M).
The money was raised from AM Ventures and existing shareholder btov Partners. The deal is part of a larger €8.25 million financing that includes contribution from the EU via the European Union’s EIC Accelerator programme.
Headmade Materials, founded in 2019 as a spin-off from the Würzburg-based polymer research institute SKZ by CEO Christian Staudigel, Christian Fischer, Marius Geldner, and Christian Fink, developed a technology using 3D printing for producing metal parts in a more affordable manner, using low-cost 3D printers and standard materials already available on the market. This allows customers to scale from a very capital-efficient entry point to this technology all the way to very high production output.
The company not only offers patented sinter-based cold metal fusion (CMF) technology to its customers, but also encourages them to consider new ways to design and manufacture with 3D printing technology—while still falling back on conventional methods as needed.
Headmade Materials previously raised €1.9 million from btov Partners in 2020.