Israel-based company XJet has just secured a funding round of $ 25 million led by Israeli-Chinese private equity fund Catalyst CEL and software company Autodesk through its Spark Investment Fund.
Earlier this year, XJet has introduced their NanoParticle Jetting technology, that uses solid metal nanoparticles that are suspended in liquid ink in sealed cartridges. An ultra-fine layer of liquid metal droplets and supporting nanoparticles is deposited onto the build area. According to XJet, this technology produces metal parts with the same ease and versatility of inkjet printing without compromising throughput.
Check out the video below for a more detailed explanation of the process:
Founded in 2005, the company led by Objet founder Hanan Gothait has so far raised $ 82 million from investors including Applied Materials and Landa Ventures. The latest funding of $ 25 million will be used for a global market launch of their products.
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