Spectroplast AG secures financing for expansion in silicone 3D printing

The Swiss company Spectroplast AG has successfully closed its Series A financing round. HZG Group, known for its expertise in industrial 3D printing technologies, is leading the round and is supported by existing investor AM Ventures. With the new capital, Spectroplast plans to establish its innovative silicone materials in other industries and expand existing customer relationships.

Dr Pablo Hafner, Chair of Spectroplast AG, commented: “We are delighted with the confidence shown in us by the two most prominent VC investors in 3D printing start-ups. With HZG Group, we have not only secured fresh capital for further company growth but will also benefit from important entrepreneurial impetus from industry pioneers who have established metal as a completely new material for industrial 3D printing. Similarly, we want to establish silicone and the world of elastomers in the industry.”

Silicone has long been considered difficult to use in the additive manufacturing process, especially for delicate components. Spectroplast, a spin-off from ETH Zurich, has closed this gap and specialized in “Silicone Additive Manufacturing”. This technology enables the production of components with the outstanding properties of silicone, including high biocompatibility, chemical resistance and temperature resistance.

Dr Florian Bechmann, CTO of HZG Group, emphasised: “With Spectroplast, silicone is becoming a high-end polymer for the 3D printing industry. We believe in this theme, in the management team and their expertise in consistently exploiting the many positive material properties of silicone for 3D printing. Thanks to its chemical structure, silicone has a high biocompatibility and is very resistant to environmental influences and temperature.”

Spectroplast focuses on demanding applications in industries such as medical technology, robotics and consumer electronics. The rapid manufacturing process enables customers to receive prototypes or end products within a few days. With the new financing, the company intends to expand its range of materials and drive forward the development of new product families.

“We are very pleased with Spectroplast’s successful financing round. The HZG Group is an experienced investor that will provide valuable impetus for the company’s strategic development and intensify cooperation in a key technology of the future. Together with the strong team in Zurich, we want to fully exploit the transformative potential of silicone in industrial 3D printing and drive Spectroplast’s expansion into new markets,” said Johann Oberhofer, Managing Partner of AM Ventures.

With the successful financing round, Spectroplast is setting the course for further growth and the development of new markets in the field of additive manufacturing.

“With Spectroplast, customers can have their first component in just a few days,” explained Dr Pablo Hafner. “We plan to significantly expand our product ranges in the future and offer completely new solutions for the most demanding applications. The fresh capital will help us achieve our goal of becoming a global leader in the 3D printable silicone industry.”