UpNano Completes Series A Funding Round to Accelerate Development of Next Generation 2PP 3D Printing Technology

61bz630bhYL._AC_UL160_SR160,160_ UpNano Completes Series A Funding Round to Accelerate Development of Next Generation 2PP 3D Printing Technology

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Are you ready to witness the dawn of a new era in 3D printing technology? Austrian micro 3D printing company UpNano has just completed a €7 million Series A funding round, co-led by aws Gründungsfonds, Novacapital, and IGO Innovation GmbH. This significant investment will enable the company to accelerate the development of its next-generation 2-photon polymerization (2PP) 3D printing technology, poised to revolutionize various industries.

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Table of Contents

What is 2PP 3D Printing Technology?

Two-photon polymerization (2PP) 3D printing technology has been gaining traction in recent years due to its unparalleled precision and ability to create intricate micro- and nano-scale structures with exceptional detail. This innovative technology uses a femtosecond laser to polymerize photopolymers, allowing for the creation of complex geometries in a wide range of materials. The applications of 2PP 3D printing are vast, with potential breakthroughs in biomedicine, electronics, photonics, and more.

Benefits of 2PP 3D Printing

So, what makes 2PP 3D printing so special? The benefits are numerous:

Benefit	Description
Unparalleled precision	Enables the creation of intricate micro- and nano-scale structures with exceptional detail.
Complex geometries	Allows for the creation of complex geometries in a wide range of materials.
High-speed printing	UpNano’s 2PP 3D printing technology offers unmatched printing speed, making it one of the highest-performing 2PP 3D printer series on the market.

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UpNano’s Next-Generation 2PP 3D Printing Technology

With the Series A funding, UpNano plans to further develop its next-generation 2PP 3D printing technology, which promises to bridge the gap between laboratory research and industrial production. The company’s existing NanoOne series of printers has already gained a reputation for its exceptional performance, and the new investment will enable the company to accelerate its market penetration.

Market Potential

The market potential for 2PP 3D printing is vast, with various industries set to benefit from this innovative technology. Some of the key areas include:

Industry	Potential Applications
Biomedicine	Tissue engineering, drug delivery, and medical implants.
Electronics	High-performance electronic and optical devices.
Photonics	Advanced optical components and systems.
Industrial	Series production of complex geometries and microstructures.

Investment and Partnerships

The €7 million Series A funding round was co-led by aws Gründungsfonds, Novacapital, and IGO Innovation GmbH, with ILUM Tec, an existing key investor in UpNano, also joining the consortium as a co-investor. The investment is a testament to the confidence in UpNano’s technology and its potential to revolutionize various industries.

Quotes from Investors

Here’s what some of the investors have to say about UpNano and its technology:

“With our investment in UpNano, we are pleased to be part of one of Austria’s most innovative companies, which has already achieved considerable market success in the early stages of its existence.” – Markus Jandrinitsch, Managing Director at aws Gründungsfonds.
“We believe that UpNano can be the turning point of the 2PP 3D printing sector, being able to finally bridge the gap towards industrial, series production.” – Carlo Germano Ravina, Managing Director of NovaCapital.
“The new investment of EUR 7 million as well as the extensive experience of our investors in supporting young and successful companies on their growth path are great assets for UpNano.” – Bernhard Küenburg, CEO of UpNano.

Conclusion

UpNano’s successful Series A funding round marks an exciting new chapter in the company’s journey to revolutionize the world of 3D printing. With its next-generation 2PP 3D printing technology, the company is poised to make a significant impact in various industries, from biomedicine to electronics and photonics. As the technology continues to evolve, one thing is certain – the future of 3D printing has never looked brighter.

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