3D printed medical implant startup Supercraft3D raises $1M

Singapore-based medical 3D printing startup Supercraft3D has announced that it has raised $1 million in investments, largely from Binny Bansal, the cofounder of e-commerce platform Flipkart. In addition to Bansal, Supercraft3D has also attracted funds from four other undisclosed angel investors. The new investments will help the start-up to advance its 3D printed medical implants and offer them to the Asian market.

Supercraft3D was founded in September 2016 by Maltesh Somasekharappa and Venkataramana Gorti, who set out to create 3D printing solutions for developing medical models, implants, and surgical instruments. Notably, the startup has placed a focus on creating customized, patient-specific medical devices and models, which are made based on CT scans, MRIs, and even X-rays.

As the company explains, “Using sophisticated hardware and software, we are able to convert traditional X-Ray, MRI, CT and other diagnostic images into clear transparent 3D Models, at a fraction of the cost and in most cases within 24 Hrs. These models are highly accurate and help the doctor to plan a better surgery, as well as the patient to understand his anatomy before undergoing any hospitalization. These models can also act as evidence in any medico-legal situation.”

Continue reading

GE Plans to Invest $1.4B to Acquire Additive Manufacturing Companies Arcam and SLM; Accelerates Efforts in Important Digital Industrial Space

BOSTON, MA (USA) – GE (NYSE: GE), the world’s leading digital industrial company, today announced plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. Both companies will report into David Joyce, President & CEO of GE Aviation. Joyce will lead the growth of these businesses in the additive manufacturing equipment and services industry. In addition, he will lead the integration effort and the GE Store initiative to drive additive manufacturing applications across GE.

“Additive manufacturing is a key part of GE’s evolution into a digital industrial company. We are creating a more productive world with our innovative world-class machines, materials and software. We are poised to not only benefit from this movement as a customer, but spearhead it as a leading supplier,” said Jeff Immelt, Chairman and CEO of GE. “Additive manufacturing will drive new levels of productivity for GE, our customers, including a wide array of additive manufacturing customers, and for the industrial world.”

Continue reading

3D Systems Brings Professional 3D Printing Capabilities to the Office with the ProJet MJP 2500 Series

 

 

ROCK HILL, South Carolina, April 4, 2016 – 3D Systems (NYSE:DDD) announced today the immediate commercial availability of the ProJet® MJP 2500 Series, the latest addition to the company’s MultiJet Printing (MJP) line of 3D printers. Designed from the ground up to deliver a productive, in-office 3D printing solution that improves and accelerates today’s engineering workflow, the ProJet MJP 2500 Series offers simple, clean operation, and easy post-processing. Providing the highest feature fidelity in its class, the affordable-yet- powerful 2500 Series enables design professionals to create precision models, prototypes and injection- molded-quality parts, without leaving the workplace.

The 2500 Series utilizes 3D Systems’ revolutionary new MJP EasyClean System, offering hands-off, chemical-free finishing without the need for waterlines or any special disposal considerations. In conjunction with 3D Systems’ exclusive non-toxic melt away wax supports, the EasyClean System delivers simple post-processing with no damage to delicate feature details, thus reducing the time and waste associated with reprinting broken parts. This allows developers to confidently test ideas faster and more frequently, shortening design cycles, lowering development costs and achieving better end products.

 

Continue reading