Northern Ireland 3D printing company raises $3M to break into US market

Written by Alan Condon | July 24, 2019 | Print  |

Belfast, Northern Ireland-based axial3D raised $3 million in a funding round headed by Imprimatur Capital Fund Management to facilitate its growth into the U.S., reports 3D Printing Media Network.

Four insights:

1. The funding will help axial3D develop and adopt its 3D printing device, which seeks to improve the efficacy of surgical operations.

2. Axial3D plans to open an office in the U.S. to better serve its customer base and develop its machine learning team to make 3D printing more accessible for hospitals.

3. The company's portfolio includes axial3D insight, which facilitates the ordering of 3D printed anatomical models for surgical planning and training, and axial3D assure — a software that tracks and manages data at 3D printing labs.

4. CEO of axial3D, Daniel Crawford, said the investment enables axial3D to accelerate its growth into new markets and help healthcare organizations drive down costs as well as improve compliance and patient care.

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