Azul 3D, a cutting-edge 3D printing startup, has successfully closed a Series A funding round, raising $15 million from a mix of existing and new investors worldwide. The lead investor in this round was DuPont, a key collaborator with Azul 3D since 2019. Other investors included Beta Lab and GS Futures from the EMEA and Asia regions.
Azul 3D’s proprietary High-Area Rapid Printing (HARP™) technology has drawn significant interest, with DuPont actively developing applications leveraging this technology. The investment from DuPont underscores their belief in Azul 3D’s potential to revolutionize manufacturing.
Azul 3D aims to transform the supply chain and manufacturing process by producing products previously deemed impossible. The company’s focus on high-value, high-volume applications has attracted attention, with investors recognizing the disruptive potential of its 3D printing technology.
The round also welcomed John Hartner, former CEO of 3D printing company ExOne, as Azul 3D’s CEO. Hartner, an early investor and board member since 2020, expressed excitement about the company’s focus on high-value applications. Additionally, G. Walter “Wally” Loewenbaum, former chairman of 3D Systems Corp and founder of Rocky Point Ventures, joined Azul 3D’s board, emphasizing his enthusiasm for the technology.
Azul 3D’s HARP™ technology utilizes a form of vat polymerization, converting liquid plastic into solid objects using ultraviolet light. This process offers precise thermal control and excellent material properties, enabling the creation of complex objects.
The funding will support further technology development for high-value applications and enable production scaling, particularly in markets requiring specialty components for electronics applications and personalized devices, leveraging Azul 3D’s unique HARP™ technology.
