Israeli 3D printing startup Massivit, developer of the large-scale Massivit 1800 system, has received an investment by Stratasys.
Massivit’s 3D printer works with their proprietary and fast Gel Dispensing Printing (GDP) technology and features a large build volume of 1.5 m x 1.2 m x 1.8 m. GDP technology works with movements similar to FDM systems, while a UV sensitive material is cured when exposed to UV light. Due to the so called Dimengel material’s relatively low fluidity parameters and instant solidification, combined with Massivits software, non-vertical walls and support-less printouts can be realised. The company holds several patents for their GDP technology.
The company will use the proceeds to further develop, promote and deploy their 3D printing solution and primarily targets the visual communication market to create large display objects for branding, advertising or exhibitions.
Avner Israeli, CEO of Massivit stated in a press release: “The investment by Stratasys, which comes after a comprehensive due diligence process, is a strong validation of our unique technology and strong value proposition. We look forward to Stratasys’ support in the fulfillment of our vision, including sharing its operational experience and insights, helping us expand into new markets and more.”
“Stratasys is actively fostering innovation in the 3D printing and additive manufacturing industry. This includes, among other activities, investing in and collaborating with start-up companies, research centers and other partners developing promising and potentially disruptive technologies,” says Stratasys Vice President of Corporate Development & Ventures, Alon Elie.