Mizuho Bank has invested $3.5 million in 3DEO, a US-based startup company operating in the metal parts and 3D technology industry. This investment was made via Mizuho Bank’s Transition Investment Facility. It signals the company’s desire to encourage sustainable manufacturing technologies. With 3DEO’s focused vision for further development, the company can effectively spearhead the additive manufacturing movement and affect multiple industries.
Vision of 3DEO
The company is using its advanced technology called Intelligent Layering for manufacturing the metal parts with high accuracy. This technology entails depositing metal powder onto a print bed, applying a binder to the layer, and then running the CNC mill to form the part before sintering. This method is similar to binder jetting and focuses on many issues related to green state parts during processing. It serves diverse industries such as aerospace, medical, and general industries, and is certified to ISO 9001:2015.
Investment Details
Mizuho Bank’s $3.5 million investment forms part of the company’s long-term plan to embrace sustainable and innovative technologies. Funds can help 3DEO increase the reach of high-precision metal parts and subsequently improve its patented technology as well. The investment will also help 3DEO’s bid to improve the Design for Additive Manufacturing (DfAM).
The new CEO of 3DEO, Scott Dennis said, “We are honored to receive this investment from Mizuho Bank, a partner that recognizes the transformative potential of our technology. This collaboration will not only accelerate our growth but also enable us to further integrate advanced AM capabilities into critical manufacturing sectors.”
Quotation Source: 3dprint
Next Generation of Manufacturing Technologies
From Mizuho Bank’s perspective, this investment caters to the next generations of manufacturing technologies. When choosing 3DEO as one of its investments, Mizuho Bank is not only supporting the growth of an innovative startup but also contributing positively to the acceptance of metal AM technology. This technology is thus prospective in restructuring several industries to produce efficient, high-standard, specific parts while minimizing the effects of environmental degradation. 3DEO offers its customers solutions where the fit and finish created through injection molding makes a difference, especially in the Aerospace and Medical Device industry. These benefits include the ability to make lightweight, large, and intricate parts, with low scrap rates and shorter cycle times than conventional techniques.
Innovative Solutions and Advancements in Manufacturing Technologies
The vote of confidence in the possibilities that metal 3D printing holds might inspire more investors to similar technologies. The solutions provided by 3DEO involve high-precision parts for several sectors, namely aerospace, medical, and semiconductors, which proves the efficiency of additive manufacturing. The present work could represent the development of new solutions and improvement of manufacturing technologies in the cooperation between 3DEO and its investors. With the help of partners, 3DEO can maximize the potential of additive manufacturing and develop it further, generating benefits for its clients.
Conclusion
Mizuho Bank’s $3.5 million capitalizing 3DEO is certainly a momentous step for the bank and for the startup. All this funding will be paramount in helping 3DEO to develop faster and advance technologically transforming the manufacturing industries with innovative and sustainable solutions.
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