VC firms back series-A extension for All3DP
A consortium of German VC firms has backed a series-A2 funding round for 3D printing platform All3DP.
Bayern Kapital led the round, alongside two new business angels from the BayStartUp investor network. Existing investors High-Tech Gründerfonds and Deutsche Balaton also took part.
The company simultaneously announced it has hit 800,000 monthly users, 40% of whom come from North America. It will use the new capital to push further international expansion.
Previous funding
HTGF backed All3DP's seed round in December 2014. It returned alongside Bayern Kapital and Deutsche Balaton for the company's series-A in October 2016.
Company
Founded in 2014 and based in Munich, All3DP is an internet platform for 3D printing. It publishes an online magazine that aims to familiarise consumers and small businesses with 3D printing, and connects users with 3D printing service providers. It claims to reach 800,000 users per month.
People
High-Tech Gründerfonds – Ruth Cremer (investment manager).
Bayern Kapital – Georg Ried (managing director).
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