AM-Flow raises $4M to deliver full end-to-end automation to the Additive Manufacturing industry
AM-Flow, the Amsterdam and Brainport Eindhoven based industrial automation company for Additive Manufacturing factories and member of Flam3D, announced it has completed a $4 million series A investment round. AM-Flow will use the investment to scale up its AI based computer vision, motion and robotics solutions to process 3D printed parts at unprecedented speed and efficiency levels.
In recent years, the possibilities and applications of 3D printing have increased enormously. However, the growth of 3D printing is limited by the absence of automated production processes: post production (identification, quality control, transport and packaging) is still carried out by humans. This makes 3D printing technology currently inefficient and too expensive for large-scale production lines. Through the application of AI-based machine learning, computer vision and robotics, AM-Flow is the first in the world to be able to deliver modular solutions to automate the entire production line. A capacity that recently enabled the company to raise $4 million in investment.
CEO Stefan Rink comments on the news: “We are delighted to welcome our new investors, and I would like to thank our existing shareholders for their continued support. This strong syndicate of high-tech investors validates our approach, and the funding enables us to expand our solution portfolio and market presence.” The Series-A funding round was led by BOM Brabant Ventures. The round was supported by new investors and AM industry leaders Materialise (Leuven, Belgium), Midwest Prototyping (Blue Mounds, USA) and Innovatiefonds Noord-Holland (Amsterdam, Netherlands), as well as existing investors Miller Turner and DOEN Participaties.
AM-Flow’s product portfolio opens the door to a cost-efficient scaling of the handling process. This is important, because the ability to process the wide variety of printed components in a cost-efficient manner, in addition to continuous innovation of the printing process itself, determines the success of Additive Manufacturing as part of an end-to-end digital platform. Carlos Zwikker (CCO) adds: “Where we are now wouldn’t have been possible without the support of our launching customers BMW, Shapeways, Midwest Prototyping, Oceanz, Marketiger and Materialise. We’re hugely indebted to the vision these leading companies are propagating with their sustainable, smart factories!”