Nov 4, 2015 | By Kira

PCB 3D printer manufacturer Nano Dimension today announced that it has signed additional investment agreements totaling $2.2 million. This news comes after the Israeli-based company announced in June that it had raised $10.9 million, bringing their latest financing round up to a total of $13.1 million. Investors for this additional $2.2 million include existing private investors, as well as some new key players: Morris Kahn & family, who also invested in Amdocs (a software and services provider to communications and media companies); and former NICE Systems and Comverse CEO Zeev Bregman.

The impressive financing round will surely go towards helping the company continue its development of advanced 3D printed electronics systems. Founded in 2012, Nano Dimension is particularly known for creating the first inkjet 3D printer dedicated to printing multi-layer PCBs, the upcoming Dragonfly 2020 3D system, as well as for their range of nanotechnology-based inks for 3D printing. Combining 3D inkjet, 3D software and nanomaterials, Nano Dimension’s technologies enable the use of conductive inks for ultra-rapid prototyping of complex, high-performance multi-layer printed circuit boards—an essential and very promising step forward for the future of 3D printed functional electronics.

The Dragonfly 2020 3D printing system and conductive inks

Nano Dimension has also made headlines just last month for releasing a brand new line of conductive materials known as AgCite, a silver nanoparticle ink for printing functional electronics.

After the initial financing round in June, the company’s CEO Amit Dror said that it was a “significant sum, which will make it possible for the company to attain its business goals in the coming years.” These business goals include launching the Dragonfly 2020 3D system, and subsequently commercializing their unique conductive inks.

As of September 2015, Nano Dimension has been accepted to the OTCQX Best Market (under the symbol ‘NNDMY’), allowing it to trade its American DepositaryReceipts (ADRs) and increasing its trading and visibility with U.S. investors. However, the company is also hoping to be accepted to the NASDAQ trading market, which would greatly increased their exposure within the U.S, with the goal of securing even more revenue and funding for R&D.

 

 

Posted in 3D Printer Company

 

 

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