Hyperganic receives 7.8 million US dollars
Lisa Marie Münster | 17.02.2021In 2011 Lin Kayser sold his successful start-up Iridas to Adobe, with his new company he wants to revolutionize 3D printing.
If you want to print precisely, you have to manage a lot of data. 3D printing software provider Hyperganic is about to receive $7.8 million in its very first round of funding. The round is led by Vsquared Ventures and HV Capital. Jewelry manufacturer Swarovski is also involved with a strategic investment, as well as US lender Converge and investor Hermann Hauser.
"We are thrilled that Lin and his team at Hyperganic are bringing together a strong group of investors to support a common goal with Swarovski, which is to drive sustainable manufacturing for a sustainable future," said with Graham Hench, innovation officer at the jewelry maker.
3D printing needs to become more precise and faster, says Lin Kayser's plan Hyperganic founder. Meanwhile, his idea has become a reality, there are paying customers in the aerospace, medical technology and consumer goods sectors. Kayser plans to use the money to scale the platform, and also grow the team from 22 to 60 employees by the end of the year. Hyperganic launched in 2017. The startup's software completely rethinks 3D printing by precisely planning each smallest printable element instead of lining up squares like before. The plans are designed by an AI, only the function of the items is developed by the engineer.
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