Amsterdam-based MX3D, a company specialised in robotic metal 3D printing technology, has raised €7M in a Series A funding round to accelerate its international growth.
The funding round was led by EDF Pulse Ventures, the corporate venture investment arm of the French energy leader EDF.
The EDF Group plays a key role in the energy transition and works in all areas of the energy sector, such as generation, distribution, trading, sales, and services. It is a global leader in low-carbon energy, generating 490 TWh of clean energy. The Group uses a mix of nuclear and renewable energy, including hydro power, and is investing in new technologies to help with the energy transition.
“EDF Pulse Ventures’ investment in MX3D demonstrates our commitment to fostering breakthrough technologies that support a carbon-neutral future. At EDF, we see several advantages to using metal additive manufacturing in our industry, including cost and lead time gains. That is why we are proud to contribute to MX3D global scaling,” says Julien Villeret, Chief Innovation Officer at EDF Group.
Others, including ING Sustainable Investments and existing investor PDENH, also participated in the funding round.
Fund utilisation
With this funding, MX3D will fast-track global deployment of its range of 3D printing Systems and expand its rapidly growing Print-on-Demand services.
The company is also expanding its Amsterdam facility with a new production hall equipped with six additional systems capable of printing up to 20 tonnes of metal parts.
This expansion brings the company’s total number of systems to 15, including several systems dedicated to material innovation and the continued development of its proprietary MetalXL Software.
On the commercial side, the Dutch company is expanding its global sales network with local partners through strategic partnerships.
A recent collaboration with Phillips Corporation is set to accelerate adoption among US federal clients.
“We’re thrilled to have the support of such a strong consortium of investors as we enter this next growth phase,” says Gijs van der Velden, CEO of MX3D. “This investment will enable us to scale up our operations, further develop our technology, and bring the benefits of robotic metal 3D printing to even more industries worldwide.”
As part of the investment, MX3D welcomes Michel Hunsicker (who represents EDF Pulse Ventures) and Tibor van Melsem Kocsis (who represents PDENH) to its Board of Directors.
MX3D: 3D metal printing
Led by Gijs van der Velden, MX3D specialised in 3D metal printing known as WAAM or arc-DED, focused on advancing manufacturing capabilities through additive manufacturing technology.
The company’s advanced Wire Arc Additive Manufacturing (WAAM) technology offers a breakthrough alternative to traditional casting and forging methods for complex, high-value metal parts.
The process cuts material waste by more than 80 per cent, delivering significant economic and environmental benefits.
MX3D’s flagship product is the M1 Metal AM System, which helps companies to bring production of large and complex metal parts in-house.
As a result, it boosts flexibility, slashes costs, and reduces significant manufacturing lead times.
With applications spanning nuclear, oil and gas, and maritime sectors, MX3D is revolutionising how critical metal parts are designed, produced, and delivered in high-impact industries.
The company is trusted by the BMW Group, Framatome, and the US Army. It works in the Energy (Oil and Gas, Nuclear), Maritime, and Aerospace sectors and is ready to expand into new industries.
“Over the past three years, we have been closely collaborating with MX3D to develop and validate the robotic metal 3D printing for our nuclear applications. MX3D technology has consistently demonstrated the reliable, repeatable, quality, performance, and flexibility that are necessary to meet our high standard requirements. This partnership has laid a strong foundation of trust and innovation, and we’re excited to see how our support with EDF Group will introduce a new phase of growth. We believe that MX3D solutions will play a key role in the future of industrial manufacturing,” says Mohamed ZOUARI, Senior Manager, Head of Framatome Advanced & Additive Manufacturing.
