Lynxter is expanding: 4 million Euros of Series A Funding to fuel modernization in industry, healthcare and education.

Manufacturer of unique industrial 3D printers, Lynxter confirms its continuing growth thanks to a new round of funding to accelerate international expansion and further strengthen its offer. Its mission is clear: to make use of innovative additive manufacturing solutions to create, produce, maintain and recycle products in response to today’s challenges.

In 2019, Lynxter completed a €1.5 million seed round thanks to trusted investors (IRDI Capital Investissement and Emeric d’Arcimoles). This first round of funding enabled the company to develop its R&D lab, the core of its activity, and to begin commercializing its first generation of 3D printers. Moving forward during a period of crisis and uncertainty, Lynxter has proven that its value proposition is still completely relevant and addresses strategic challenges including reshoring and the safeguarding of production. Thanks to solid management and adaptability, Lynxter has strengthened its ecosystem, won over markets in France and neighboring countries, and has begun expanding to North America.

Today, Lynxter has closed a series A round of 4 million Euros with both longstanding investors, renewing their confidence, and new investors onboard, backing the project and its significant opportunities for growth.

Groupe Etchart, NACO (recommended by M/Capital), Pyrénées Gascogne and HERRIKOA are new trusted partners in line with a regional strategy that focuses on deeptech and reindustrialization 4.0. This dynamic likewise confirms a booming additive manufacturing market with increasingly experienced players and the systematic use of this technology in industry, healthcare and academic fields.

Lynxter has multiple objectives for this new phase:

• To export its innovations to countries further afield via existing partners and by entering into
  new markets.
• To consolidate its position as leader in 3D printing elastomers (silicone), in particular via its
  new machine, the S300X.
• To reinforce its team with the recruitment of some ten team members in 2023.
• To continue innovation, preserve and enrich its identity based on research and development.

A new dimension has opened up for Lynxter, who will strengthen its position as leader in the 3D printing of silicone and elastomers and thus expand internationally.