Printing Money

Printing Money


Printing Money Episode 23: Additive Manufacturing Deal Analysis with Alex Kingsbury

November 05, 2024

Episode 23 is here, and it’s chock-full. Alex Kingsbury, nLIGHT Market Development Manager and, not to mention, co-creator of the Printing Money podcast, re-joins Danny and the result is 60 minutes of additive manufacturing (AM) deals and analysis.


First, we jump right in to cover Nano Dimension’s in-progress deals with Desktop Metal and Markforged. Then, we cover services bureaus, major public-private funding news, and a lot of venture capital (VC) raises and financings. Last, we touch on the recent news of the postponement of Formnext Chicago.


Here are just a few companies that get mentioned in this episode: Incodema, I3D, KAM, ADDMAN, Sintavia, Stifel North Atlantic, ASTRO America, Summers Value Partners, Stellantis, In-Q-Tel, Embedded Ventures, SpaceX, nTop, Seurat, NVIDIA, AE Ventures, HorizonX, Nimble Partners, AM Ventures, Breakthrough Victoria, Finindus, Sumitomo, and more.


Please enjoy Episode 23, and see you later this month at Formnext in Frankfurt, or, as Danny so well puts it, “The Super Bowl of 3D printing.”


This episode was recorded October 29, 2024.


Timestamps:

00:14 – Welcome to Episode 23, and welcome to Alex Kingsbury


01:37 – We have a lot to cover!


02:03 –AMS was a telling preview of 2024


02:53 – Nano Dimension (NNDM) acquiring Desktop Metal (DM)


05:21 – NNDM-DM last steps before closing in Q4 2024


08:04 – Nano Dimension (NNDM) acquiring Markforged (MKFG)


10:25 – An enormous amount of efficiencies


12:09 – How will NNDM, DM, and MKFG integrate?


14:19 – Markforged settles litigation from Continuous Composites


15:41 – ADDMAN acquires KAM


19:18 – AM service bureau markets: All boats are floating in the US, and all boats are sinking in Europe (Or, “Europe makes the printers, The USA prints the parts”)


20:02 – Sandvik divesting investment in BEAMIT


20:26 – Proto Labs closing metal LPBF facility in Germany


23:36 – AM Forward fund is approved by SBIC


26:26 – Restor3d closes $70m financing ($55M equity, $15M debt)


27:56 – 6K $82M Series E round


31:17 – Chromatic3D closes $6M round


32:55 – Freeform raises $14M


35:15 – NVIDIA backs 3D printing!


38:11 – nTop receives investment from NVIDIA


40:34 – AM Ventures’ portfolio companies get a boost


40:53 – Conflux raises $11M Series B for heat exchangers


43:58 – Fortius Metals raises $2M from Finindus


45:15 – Sun Metalon raises $21M Series A led by Sumitomo


47:49 – UpNano raises EUR 7M


48:33 – NematX raises EUR 1.5M


50:33 – Mosaic Manufacturing raises CAD 28M


52:01 – Formnext Chicago is postponed


56:55 – See you at Formnext Frankfurt in a few weeks!


Disclaimer:


This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing stated on this podcast constitutes a solicitation, recommendation, endorsement, or offer by the hosts, the organizer or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.  The information on this podcast is of a general nature that does not address the circumstances and risk profile of any individual or entity and should not constitute professional and/or financial advice. Referenced transactions are sourced from publicly available information.