SUN METALON, a start-up developing a revolutionary ultra-fast metal 3D printer, raises $5.6 million from Japanese and American investors
KAWASAKI, Japan, October 21, 2022 /PRNewswire/ — SUN METALON Inc. ( https://sunmetalon.com ), a start-up developing a metal 3D printer, announced the acquisition of $5.6 million in its pre-Series A funding round. Funds were raised from new investor GLOBIS CAPITAL PARTNERS & Co., as well as existing investors UTEC (The University of Tokyo Edge Capital Partners Co., Ltd.), D4V ( Design for Ventures) and Berkeley SkyDeck Fund (associated with University of California, Berkeley). This new fundraising brings the total investment in SUN METALON to $7.7 million.
Metal 3D printer:
SUN METALON management team:
Thanks to its unique ultra-fast metal 3D printing technology – up to 500 times faster than conventional machines – derived from Japan, SUN METALON aims to create a world where metal products can be made from local minerals anywhere in the world. The company will expand its operations globally to democratize 3D metal fabrication and help drive the next era of industrialization.
Comments from SUN METALON Investors and CEO:
About SUN METALON Inc.
SUN METALON Inc. is developing a new principle-based metal 3D printer that can reduce costs by more than 90% with ultra-high efficiency – 500 times faster than conventional metal 3D printing technology. The official release of the first machine is scheduled for early 2023. The size of parts that can be manufactured will be gradually expanded, and three machine lines will be released from 2023. The first machine is currently under development, and the first customer delivery is scheduled for October 2022.
SUN METALON will be exhibiting at the following shows in Japan and Germany.
-JIMTOF2022 (Tokyo, 8 – 13 November)
– Next 2022 (Frankfurt am principal, November 15 – 18)
CEO: Kazuhiko Nishioka
Established: February 2, 2021
Company Website: https://sunmetalon.com
SOURCE SUN METALON Inc.