Startup Rise EU News’ Post

Partnership Alert : TI Teams Up with Prusa 3D for Indian Innovators! Technoventor Innovations Private Limited is now official Makerspace partner for Prusa Research in India 🇮🇳 Partnering with Prusa Research, founded in 2012 by Josef Průša , a Czech hobbyist turned industry pioneer, marks a significant milestone in our journey to foster innovation and empower creators across the nation, and his vision has since transformed Prusa Research into one of the most renowned names in the 3D printing industry. We're empowering innovators across the nation to turn their dreams into reality. Whether you're a startup, entrepreneur, or enthusiast, our collaboration opens doors to limitless possibilities in product development, prototyping, and beyond. Join us on this journey as we revolutionize the way ideas are brought to life, one layer at a time. Let's shape the future together! #prusainindia #innovation #3dprinting #technologyadvancements #prusaresearch #startup #brandpartnership #growth #industryready

#fundingalert 💼Company: Inkbit 💰Funding: $19Million ⚡Round: New Round 👥Investors: Ingersoll Rand , Future Labs Capital, LLC, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures Inc., Inkbit is an additive manufacturing company located in Medford, Massachusetts. The Inkbit Vista™ system is designed for volume production of complex polymer 3D printed parts. Incorporating a novel technology called Vision-Controlled Jetting (VCJ), Inkbit delivers a multi-material additive manufacturing solution that accelerates the translation of ideas into products. Inkbit has developed Vision-Controlled Jetting™ (VCJ), a multi-material manufacturing system that scales seamlessly from prototyping to production on the same platform. Vicente Reynal, Henry Ford III, Davide Marini, Javier E. Ramos, Eric Brown Read more - https://lnkd.in/g2qXUmYc To share your startup story write us on - contact@startuprise.io #Inkbit #manufacturing #Incorporating #noveltechnology #funding #fundingnews #news #startup #startupnews #startuprise

Collaborations that have the potential to help industry for innovation and providing cutting-edge printing solutions. These collaborations can help tea & coffee companies stay ahead of the competition and create new opportunities for growth through innovative printing solutions. Additionally, collaborations can help to create more efficient and cost-effective printing solutions for Start-ups in India...

🌟Strategic Partnership and Funding Announcement🌟 We are pleased to announce that AGMAH, in collaboration with Zavhy BV and QUGATE, has been granted a project of €1.5 million from the European Union and the Province of North Brabant for a duration of three years. This initiative will focus on developing "Industry 4.0 - Driven Quality Assurance for Additive Manufacturing and 3D Concrete Printing.” This project is part of our strategy to lead  the adoption of advanced manufacturing techniques and to foster an AI-powered Industry 5.0 Ecosystem within the additive manufacturing sector. Funding for this initiative comprises a 50% contribution from the collaborating partners, 35% from the Stimulus Programmamanagement OPZuid of the European Union, and 15% from the Province of North Brabant. AGMAH is committed to leveraging this opportunity to enhance technological advancements and operational efficiencies in additive manufacturing, ensuring sustainable growth and competitive advantage in the industry. Keep looking at this space for further updates as we progress onwards. #fundraising #founders #startups #entrepreneurs #investments #funding #startup #technology #growth #Collaborations #Excellence #Leadership #Partnerships #newconnections #TransformWithUs  #businessnews #agmah #FutureOfWorkforce  #AdditiveManufacturing #3DConcretePrinting #SmartManufacturingTech #saas #saasproduct #digitaltransformation #retrofitting #digitaltwins #industry40 #industry50 #iot #predictivemaintenance #innovation #manufacturing #ai #futuretech #industrialiot #automationsolutions #industrialcontrol #cobots

🤝HP India has partnered with the AIC CCRI CED (Atal Incubation Centre of Coffee Board) to equip #startups with cutting-edge #digitalprinting and #packaging technology. By leveraging HP’s advanced digital printing technologies, startups benefit from faster time to market, #variabledata printing capabilities, and reduced #inventory wastage. According to Appadurai “This collaboration with the Atal Incubation Centre of Coffee Board offers startups a unique opportunity to access high-quality packaging solutions without the constraints of minimum order quantities.” Want to learn more about this exciting project? Read the full article here: https://lnkd.in/ghxWChvP #HPIndustrialPrint #HPDigitalPrint

🤝HP India has partnered with the AIC CCRI CED (Atal Incubation Centre of Coffee Board) to equip #startups with cutting-edge #digitalprinting and #packaging technology. By leveraging HP’s advanced digital printing technologies, startups benefit from faster time to market, #variabledata printing capabilities, and reduced #inventory wastage. According to Appadurai A “This collaboration with the Atal Incubation Centre of Coffee Board offers startups a unique opportunity to access high-quality packaging solutions without the constraints of minimum order quantities.” Want to learn more about this exciting project? Read the full article here: https://lnkd.in/ghxWChvP #HPIndustrialPrint #HPDigitalPrint

🌱 CELEBRATING COHORT 1: RCAM TECHNOLOGIES  🌱 In the past six months, it has been a pleasure being able to collaborate with Jason Cotrell,  Mason Bell, and Gabriel Falzone from RCAM Technologies. RCAM is focused on using 3D printing technology to create cost-efficient wind and ocean energy structures in ports all across the world. By using 3D printing technologies with concrete, otherwise called reinforced concrete additive manufacturing, RCAM is able to develop large-scale structures like wind turbine towers and anchors for various energy systems. They are committed to lowering the costs of renewable energy and creating jobs through concrete manufacturing technologies. 3️⃣ KEY OUTCOMES FROM THE OWIH ACCELERATOR EXPERIENCE 🧑🏫 Financial model development: During their tenure as a cohort company in the OWIH Accelerator, RCAM benefited from customized, cost-free legal advice and accounting support, aiding them in developing a robust financial model. Additionally, they received strategic guidance from the OWIH team regarding funding options, equipping them to make informed financial decisions for their future. 🤝 Impactful collaborations: In the OWIH ecosystem, RCAM quickly seized opportunities for impactful collaboration. Their engagement with cohort companies and community members significantly expanded the potential of their products and services. 🗽 Geographic Expansion: By leveraging the OWIH support and connections, RCAM moved one step closer to joining one of the leading OSW markets in the US: New York. Bringing their offices and manufacturing facilities to New York State is a major milestone for any business, and we are proud of RCAM's hard work. Congratulations to the RCAM team on a year filled with impressive achievements! Here's to many more successful years ahead! #offshorewind #renewableenergy #startups #innovation #growthmindset #entrepreneurship #community #success #accelerator #technology #greenenergy #UFLInnovatesForClimate #makingwaves

🚀 Exciting News: Ethereal Machines Raises $13 Million in Series A Funding! 🚀 📢 Ethereal Machines, a Bengaluru-based pioneer in 5-axis CNC machining and 5D printing, has successfully raised $13 million in a Series A funding round led by Peak XV Partners and Steadview Capital. Existing investors Blume Ventures and Enam Investments also participated in the round, bringing the startup's total funding to over $20 million. About Ethereal Machines: Founded in 2014 by Kaushik Mudda and Navin Jain, Ethereal Machines is revolutionizing precision manufacturing for industries including spacetech, drones, medical diagnostics, and thermal imaging. The company leverages advanced 5-axis CNC machining to produce high-quality components from materials such as aluminum, titanium, steel, and engineering plastics. Funding Details: Total Raised: $13 million in Series A Lead Investors: Peak XV Partners, Steadview Capital Other Investors: Blume Ventures, Enam Investments Strategic Goals: The newly raised funds will be used to: Commence construction of a second "Smart Factory" within the next 12 months and expand production capabilities to support industry growth with high-quality, cost-effective precision components Expansion Plans: The new Smart Factory will be five times larger than the existing 50,000 sq ft facility, spanning 250,000 sq ft on the outskirts of Bengaluru, adjacent to the upcoming Foxconn facility. This expansion will significantly enhance Ethereal Machines' production capabilities. Recent Achievements: Revenue Growth: 4x increase in the last 12 months Production Capacity: 3x increase in the last 12 months Customer Base: Serving clients from the USA, Europe, Israel, and India Efficiency Gains: Reducing production times by 25-40% and improving cost efficiency by 10-30% Looking Ahead: Ethereal Machines is set for significant growth with its new funding. By expanding its facilities and enhancing production capabilities, the company aims to continue revolutionizing the precision manufacturing industry. 👉 At Aspirants Space ( https://lnkd.in/gYkc-Ni8 ) , we are thrilled to see Ethereal Machines' continued success and encourage them to hire top aspirants who will contribute to their mission of transforming manufacturing. Source : https://lnkd.in/e5pVbakh 📣 Aspirants Space Encouragement : Celebrate Ethereal Machines' achievements and support their mission. Share this post, spread the word, and help more organizations benefit from innovative precision manufacturing solutions. #AspirantsNews #PrecisionManufacturing #StartupFunding #EtherealMachines #Innovation #Growth #5DAxisCNC #SmartFactory #ManufacturingSector

🏆 WINNER Announcement After thorough evaluation and discussions, our jury team has chosen the challenge's winner. Selecting the winner was a challenging task due to the high quality of submissions. In addition to the winner, two teams distinguished themselves and received special recognition from the jury team for their efforts to innovate and disrupt the industry's status quo. 1) Bala K Cherukuri - Center Street Technologies, USA 2) Filip Turzyński - HELIX, Poland The Winner of the 3D Printing FGF Engineering Challenge is: Alexander Geht - Testa-Seat, USA Congratulation to the Winner and the teams who were specially recognized! 📺Discover more in the video about how these teams are challenging the industry with their innovation! We thank all the Finalists (https://lnkd.in/dj3iJgZN) and other teams for taking the effort and putting in the time and submitting to the 3D Printing FGF Engineering Challenge. Asefeh Pishro: Tetra Pak, TURKEY Mark Saberton: ADDMAN, USA Dr. Martin Hedges: Neotech AMT GmbH, Germany  Brent Wright: LifeNabled, USA Ryan Muller: Dash, UK Andreas Børresen: Snapform, Denmark  Stefano Toxiri: Proteso, Italy Yuko Oka: Oka Architecture Design & Co.,Ltd, Japan Follow us as we will be publishing inspiring stories about startups pioneering their respective fields, and watch out for our next Engineering Challenge. #3dprinting #fgf #entrepreneur #openinnovation #startup #scaleup #innovators #engineeringchallenge #jecworld2024 #jec2024 #amug #additivemanufacturing #additivemanufacturingusersgroup  (AMUG (Additive Manufacturing Users Group)

The legendary metal and carbon fiber 3D printing company Markforged announced that it will be acquired for $115M in cash. This is a 95% loss from its $2B peak valuation on the stock market. Depending on when shareholders bought in – this may be a huge mark-down or just a modest loss. Despite the numbers, it’s important to remember the extraordinary difficulty of building any cutting-edge company. Every startup that doesn’t implode under sheer difficulty is a miracle in its own right. Additive manufacturing innovations from companies like Markforged have transformed countless industries and startups, including our own. At Cleana, Inc., they’ve enabled us to quickly iterate through hundreds of designs of our electric-free, automatic lifting and lowering seats, enabling us to build the next generation of seats. Traditional machining and manufacturing would be several times too expensive and too slow. More than 95% of our prototypes are completely made from our fleet of PLA and SLA printers. We never would have existed without them. Reflecting on this – it’s important to remember the positive impact of our work in addition to its financial outcome. #startups #cleana #founderlife