Spectroplast AG, the Silicone Additive Manufacturing Spinoff from ETH Zurich, announces the completion of a CHF 1.5 Million Seed round of financing together with the Munich-based investor AM Ventures Holding GmbH (AMV). The investment supports Spectroplast to scale up its Silicone 3D Printing Service and will enable the company to further strengthen its position as a leader in 3D Printing of pure Silicones for life-enhancing and life-saving products. Customized Silicone products in healthcare are a key area of focus for Spectroplast with a positive impact on many patients in need today.
“Spectroplast’s introduction of Silicones to the World of Additive Manufacturing is well-timed with the rapidly growing demand for customized Silicone products that we not only observe in the healthcare sector but also in many other markets,” said Johann Oberhofer, Chief Technology Officer at AMV. Manuel Schaffner, Chief Executive Officer and Co-Founder of Spectroplast AG adds: “The traction in the market is shown by our growing customer base. It is our defined mission to become the world’s leading provider of customized Silicone products. This will impact many industries around the globe.”
Spectroplast AG was incorporated as a Spinoff from ETH Zurich in September 2018. Throughout its short existence, the company’s radical innovation in Silicone 3D Printing has been honored by national and international awards such as the CES Asia Innovation Award.
“As an industry, we are just starting to understand how powerful 3D Printing of functional products will become when it is combined with the massive potential offered by industrial scale production,” said Schaffner. “Having the financial support and domain expertise of AMV will help us execute our mission even more rapidly and broadly.”
AMV is an independent strategic investor based in Starnberg, Germany. The company has established an ecosystem consisting of sustainable strategic investments and a strong partner network to utilize additive manufacturing technologies. The company supports startups at every stage of maturity to provide the tools, resources, and expertise which are required to succeed in a fast moving industry. (