Hyperganic secured €7.8 million from HV Capital, VSquared, Converge and angel investors.
Hyperganic, a Munich, Germany-based 3D printing software company, announced that it secured a €7.8 million ($9.4M) capital funding round.
The money was raised from investors including HV Capital, VSquared, Converge and angel investors. The jewelry producer Swarovski and angel investors from Austria Hermann Hauser also contributed to the round.
Hyperganic, founded in 2015 by CEO Lin Kayser, is developing a new type of 3D printing software that is intended to massively accelerate the development process of physical objects.
The tool requires specific inputs for enabling computer-generated developments, such as for rocket engines, medical technology or consumer products, and then uses algorithms for designing objects in series and try out which work best, either through simulation or printouts and real-world tests.