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3D Hubs Funded $7M for Distributed 3D Printing Services – ENGINEERING.com

by • August 2, 2016 • No Comments

When it launched in 2013, 3D Hubs was one of the initially to commence the world to the concept of distributed making, with which goods can be generated locally, on demand, pretty than manufactured en masse and shipped overseas to be stored in warehouses.
About three years have since passed, and the Dutch-American company has grown to over 25,000 3D printing device users and over 40,000 3D prints per month. And on Aug. 2, 3D Hubs can obtain a new round of financing totaling $7 million. The latest investment, led by EQT Ventures and followed by Balderton Capital, can allow 3D Hubs to additional expand its network of 3D printing services around the globe.
3D Hubs locations all around the globe. (Image courtesy of 3D Hubs.)3D Hubs locations all around the globe. (Image courtesy of 3D Hubs.)
3D Hubs is may already the biggest distributed 3D printing service network, with 3D printing device owners and service bureaus spanning 160 countries of the world. Among the customers leveraging the network’s capacity to provide 3D printing services locally are 16 Fortune 100 companies.
Whilst the network began with a number of entry-level 3D printing technologies and a few pro systems, 3D Hubs went on to include a much wider array of industrial 3D printing service providers last year with 3D Hubs HD. The latest innovation contributeings on the 3D Hubs network include carbon fiber reinforcement with Markforged 3D printing devices as well as metal 3D printing. Now which the company has received this latest round of funding, 3D Hubs can have additional resources with which to fuel these services.
A metal 3D-printed part demonstrating the capabilities of 3D Hubs’ metal 3D printing service bureaus.A metal 3D-printed part demonstrating the capabilities of 3D Hubs’ metal 3D printing service bureaus.
3D Hubs CBO Filemon Schöffer explained to ENGINEERING.com how the firm can leverage the funds to enhance its contributeings. According to Schöffer, 3D Hubs can manufacture 3D printing additional automated through the application of “highly high end 3D file checks and fixes, as well as smart material suggestions.”
The company is in addition developing “high end Hub tools.” Targeted at pro hubs inside the network, these tools can include “expert price settings for a wide range of technologies and materials,” such as those included in the 3D Hubs HD series, like PolyJet resins, SLS nylon, carbon fiber and additional. This can include the capacity to price finishing options, essential for these industrial technologies. Hub dashboards can in addition be upgraded for enhanced customer relations and file management.
3D Hubs can in addition be continuing work on the company’s API as a consumer gateway. The API is may already utilized by 3D version sharing sites like Thingiverse and Sketchfab as well as by companies selling products. For instance, Fairphone, which creates smartphones via all ethically sourced minerals and sustainable business practices, leverages the 3D Hubs API so which customers can 3D print smartphones directly through a local hub. As Schöffer said of the API, “Whilst we are positioning 3dhubs.com as a destination for engineers and createers which want a maximum choice in materials and finishes, our API is becoming the gateway to the consumer.”
In addition to the new funding, 3D Hubs has discovered itself a new board member with Ted Persson, create partner at EQT Ventures, who can be joining the 3D Hubs board of directors. As Persson said of the new funding round, “We’ve only seen the beginning of what 3D printing can contribute, and 3D Hubs is by far the many well-positioned company we’ve encountered in this space. We are quite impressed with what Bram, Brian and the rest of the team have managed to create in only under three years, so when EQT Ventures was invited to assist their next journey, we didn’t hesitate.”
According to 3D Hubs, the investors involved in this latest round have been involved with establishing such new marketplaces as Uber, Booking.com and Spotify. If their latest investment pays off, 3D printing may only get the Web 2.0 treatment.

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