French 3D printer manufacturer and subsidiary of Groupe Gorgé, Prodways, has raised a total of € 25 million, including € 10 million from Fimalac Group and another € 15 million from Groupe Gorgé.
Fimalac Group, a french holdings company generally focusing on credit rating and risk management companies, wants to contribute to the development of Prodways: “We are pleased to support PRODWAYS GROUP in its aim to represent a leading 3D printing player in Europe capable of competing with key American players. In our view, PRODWAYS GROUP and its teams – widely renowned for their expertise – represent a company capable of fast becoming one of the main leaders in the sector”, comments founder and CEO Marc Ladreit de Lacharrieère.
Prodways has introduced 8 new devices at the Euromold last year, completely revising its portfolio of industrial 3D printers for the dental industry and bio-medical applications. Their proprietary MOVINGLight technology is similar to Direct Light Processing (DLP).
At the end of this transaction, Fimalac will hold a 4.45% stake in the capital of Prodways Group.