Fremont, California’s PrinterPrezz has just secured $16 million in a Series A financing round, with which it plans to expand its efforts to 3D print medical devices and implants.
A key backer of the financing round, Solvay , will also be partnering with the startup to aid in the increased adoption of these medical products. PrinterPrezz has developed what it refers to as a “foundry ecosystem” dedicated to creating medical devices from concept through to volume production. This ecosystem is based on proprietary processes that bring together expertise in 3D printing, orthaepedics, semiconductors and nanotechnology to bring medical devices to market more quickly. Most recently , this has led to the has 510(k) clearance from the FDA for the company’s GAIA Lumbar Interbody Fusion Device family of 3D printed spinal implants made from Ti6Al4V-ELI titanium using laser powder bed fusion technology. The Series A round was co-led by several investors, including Boutique Venture Partners , Berkeley Catalyst Fund , and D. One Vision Management , which was the largest backer. With the funds, the startup will be able to expand its engineering teams and increase its development of specialty materials and technologies for its medical device development. “We believe […]
Above: PepsiCo food, snack, and beverage product line-up/Source: PepsiCo PepsiCo turned to tooling with 3D printing...