Shanghai, November 8, 2021 – INTAMSYS, the world’s leading high-performance material 3D printing equipment manufacturer, just closed a new round of financing. Along with investments received from Forebright and Brizan Investments, the round also brought up a strategic investment from Porsche Ventures. The investments will accelerate INTAMSYS’ expansion to vertical markets.
In the early stage of investment, INTAMSYS had also obtained investments from Professor Li Zexiang, the founder of Shenzhen Innox and professor of the Electronic and Computer Engineering Department of Hong Kong University of Science and Technology, and investments from Professor Gao Bingqiang, an early investor of DJI and a well-known semiconductor investor, Brizan and Sequoia China.
Today, advancements in 3D printing continue to change the way businesses approach prototyping and production. INTAMSYS started on the high-end PEEK material 3D printing market as early as 2016. After several years of products iteration, expanded industrial applications, INTAMSYS is now the company with one of the largest shipments of PEEK 3D printers in the world and has become the under-the-radar champion of this niche market.
3D printers are facing the challenges of material compatibility, efficiency, process defects, repeatability, and consistency in order to meet the constraining needs required for industrial applications.
INTAMSYS has been continuously expanding its product portfolio in the field of high-performance material 3D printers, including the FUNMAT HT, the FUNMAT PRO 410, and the FUNMAT PRO 610HT.
The entry-level industrial FUNMAT HT is of perfect use for researching and prototyping.
The FUNMAT PRO 410 is an intelligent industrial 3D printer, compatible with more than 20 kinds of engineering plastics, with intelligent double nozzle, advanced thermal design, temperature and humidity control, and other functions, to ensure high quality, high repetition accuracy, and consistency of printing, widely used in functional testing parts and Jigs & Fixtures.
Built for the production environment, the INTAMSYS FUNMAT PRO 610HT is an industrial-grade 3D solution for short-run production in aerospace, military, automotive, and other high-tech industries. The FUNMAT PRO 610 HT has a constant temperature chamber of up to 300℃, and the maximum printing size is 610x508x508mm. Aerospace and automotive, have been huge benefactor industries. It gives the customers the ability to print large-scale parts with materials like ULTEM, PEEK, PPSU, and others.
The FLEX 510 is a new generation of high-speed flexible material 3D printers, it brings a new and innovative manufacturing process for the sports shoe uppers and opens up new possibilities for the mass production of consumer goods.
To expand the additive ecosystem, INTAMSYS launched the INTAM™ Filaments family in 2021. INTAMSYS developed the printing process guide package making it easier for customers to get started and reducing costs. In the will to keep and expand its open materials strategy, INTAMSYS also developed a Customer Application Enabling Program (CAEP) and established strategic partnerships with BASF, Covestro, Victrex, Sabic, and others.
The strategic investment from Porsche Ventures is another key step for Porsche to further expand its digital transformation, access new innovative technologies, and be more flexible in adapting to market changes. These are all key factors in determining Porsche’s continued progress and success. Besides, Porsche – INTAMSYS’s partnership will expand digital AM application scenarios and accelerate the realization of its strategic goal of being a digital mobility solution provider in the luxury automotive sector.
With the development of digital transformation of the automobile manufacturing industry, 3D printing – as one of the supporting technologies – is also undergoing rapid iteration and continues penetrating the industry. Porsche believes that additive manufacturing will play an important role in accelerating the process of enterprise digital transformation. It will open up new possibilities for the development and manufacture of small batches of production. And additive manufacturing solutions as a whole will help optimize products and end-user parts.
Porsche’s digital transformation deepens into product manufacturing, enriches the enterprise’s digital strategic goal, and realizes a more comprehensive digital product experience.
Porsche will continue to deepen its investment in China and strengthen its local business there as well.
Founded in 2001 as the first direct investment team at China Everbright Limited (165.HK) before its spin-off in May 2014, Forebright is one of the most experienced investment teams investing in China. Having sailed through various economic cycles, Forebright has developed rich resources in various sectors and has consistently delivered satisfactory returns to its investors including sovereign wealth funds, insurance companies, pensions, endowments, family offices, and fund of funds. Building on its core values of “Create and Share”, Forebright is committed to cultivating long-lasting partnerships and providing value-added services to investors and entrepreneurs.
ABOUT BRIZAN VENTURES
Brizan Ventures was jointly founded by Prof. Gao Bingqiang, former dean of the School of Engineering at HKUST and one of the world’s leading chip experts, and Kuang Yukai, a lawyer with extensive experience in international capital markets and M&A transactions. The fund focuses on the global chip sector, artificial intelligence, and intelligent consumer electronics.
ABOUT PORSCHE VENTURES
Porsche Ventures is a venture capital arm of Porsche that invests in companies from early-stage through growth. Porsche Ventures engages with top entrepreneurs across the globe through offices located in Europe, Silicon Valley, Israel, and China. Porsche Ventures pays great attention to and is optimistic about the huge potential of the Chinese market for a long time. It focuses on the development trend of emerging industries in China such as automotive, innovative technology, Internet, and artificial intelligence. It has successively invested in NIO Capital, China iMaker, and other local start-ups to continuously expand its investment territory in China. The company allocates more than 150 million Euros per year to invest in start-ups and venture capital firms, focusing on future-oriented new technologies, trends, and business models. Its portfolio companies enjoy access to its network and historical industry expertise through valuable collaboration opportunities across the Porsche ecosystem.
INTAMSYS is a world-leading high-tech company providing 3D printing and industrial direct additive manufacturing solutions for high-performance materials. It is co-founded by a team
of engineers from world-class high-tech companies engaged in precision equipment development and high-performance materials research for many years. The company’s headquarter is located in Shanghai, China, and has two other Sales and Operations offices respectively located in Stuttgart, Germany, and in Minneapolis, USA.
Focusing on aerospace, aviation, automotive, electronic, manufacturing, consumer goods, healthcare, scientific research, and other industries, the company provides comprehensive additive manufacturing solutions from functional test prototyping, tooling and fixtures manufacturing to direct mass production of final products, covering equipment, software, high-performance materials, and printing services.
For more information, please visit www.intamsys.com