Dutch company MX3D has raised €7 million in a Series A funding round to expand its metal 3D printing technology internationally. The financing round was led by EDF Pulse Ventures, the innovation arm of French energy company EDF. Other participants include ING Sustainable Investments and existing investor PDENH.
MX3D relies on Wire Arc Additive Manufacturing (WAAM), a process that enables the layer-by-layer construction of large, complex metal components using robot-assisted arc welding. Compared to conventional casting or forging processes, the amount of material used can be reduced by up to 80 percent. In addition to economic benefits, this also offers ecological potential, particularly in terms of resource efficiency.
With the modular M1 Metal AM system, MX3D offers a solution that allows industrial companies to manufacture complex metal parts in-house. This reduces production times and allows greater customization to project or industry-specific requirements. The system is already being used in industries such as energy, aerospace and shipbuilding. Customers such as BMW, Framatome and the US Army are already using the technology.
“We’re thrilled to have the support of such a strong consortium of investors as we enter this next growth phase,” said Gijs van der Velden, CEO of MX3D. “This investment will enable us to scale up our operations, further develop our technology, and bring the benefits of robotic metal 3D printing to even more industries worldwide.”
“EDF Pulse Ventures’ investment in MX3D demonstrates our commitment to fostering breakthrough technologies that support a carbon-neutral future. At EDF, we see several advantages to using metal additive manufacturing in our industry, including cost and lead time gains. That is why we are proud to contribute to MX3D global scaling,” said Julien Villeret, Chief Innovation Officer at EDF Group.
MX3D is expanding its production capacity at its Amsterdam site to meet growing demand. A new production hall with six additional systems will produce metal parts weighing up to 20 tons in the future. At the same time, the in-house MetalXL software is also being further developed, particularly in the areas of process control and material parameters.
Alongside the technical scaling, the company is expanding its international sales network. A partnership with Phillips Corporation is intended in particular to promote distribution to US federal authorities. The recently obtained ISO 9001 certification and a successful API 20S audit confirm the industrial maturity of the process for safety-critical applications, for example in the nuclear sector.
“Over the past three years, we have been closely collaborating with MX3D to develop and validate the robotic metal 3D printing for our nuclear applications. MX3D technology has consistently demonstrated the reliable, repeatable, quality, performance, and flexibility that are necessary to meet our high standard requirements. This partnership has laid a strong foundation of trust and innovation, and we’re excited to see how our support with EDF Group will introduce a new phase of growth. We believe that MX3D solutions will play a key role in the future of industrial manufacturing.” Mohamed ZOUARI, Senior Manager, Head of Framatome Advanced & Additive Manufacturing.
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