Spectroplast closes Series A financing round

Spectroplast AG, which specializes in the development of material solutions for silicone 3D printing, has successfully completed its Series A financing round, according to an article by startupticker.ch. The lead investor is the German HZG Group based in Coburg. She calls herself one of the global market leaders in the field of additive manufacturing (3D printing). Existing investor AM Ventures, based in Starnberg near Munich, is also participating in the round. Both investors bring technological know-how and extensive expertise in the development of 3D printing start-ups, according to the article.

"In addition to fresh capital for further company growth, the HZG Group also provides us with important entrepreneurial impetus from industry pioneers who have established metal as a completely new material in industrial 3D printing. Similarly, we want to establish silicone and the world of elastomers in the industry," says Pablo Hafner, Managing Director of Spectroplast AG, a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH).

The HZG Group consists of the areas of venture capital investments, business angel investments and its own research, development and application center with a focus on metal 3D printing. Spectroplast is the leader in silicone solutions for 3D printing in terms of resolution and material performance. These solutions range from prototypes and simulation models in medical and industrial applications to end products in the fields of medtech, robotics and consumer electronics.

"With Spectroplast, customers can have their first component in their hands within a few days," says Pablo Hafner. "The fresh capital will help bring us closer to our goal of becoming a global leader in the 3D printable silicones industry." ce/gba