Rapid Liquid Print, a additive manufacturing startup secures $7million in series A round funding. Leading the round was HZG Group, with participation from MassMutual and BMW i Ventures, two current investors.
The money will be used by the company to develop new business sectors, grow the team of specialists behind the technology, and scale up manufacturing.
Rapid Liquid Print, led by CEO Schendy Kernizan, offers 3D printers that can create large-scale, soft, stretchy, high-resolution objects in a matter of minutes.
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The medical, automotive, and consumer goods industries are just a few of the businesses that employ the devices to print customer orders. The business has created a software platform to operate the print head inside the three-dimensional gel area in addition to printing technologies.
Schendy Kernizan, co-founder and CEO at RLP, says: “In the HZG Group, we have found an investor who recognizes the full potential of our technology and has its own track record of setting standards with the introduction of metal 3D printing on an industrial scale. Together, we will take RLP’s technology to the next level. RLP will benefit greatly from the HZG Group’s engineering expertise and network at its high-tech location in Bavaria.”
About Rapid Liquid Print
At the moment, RLP runs a print plant in the Boston region that fills orders for a variety of industries, including the automotive and medical sectors. The business has created a software platform to operate the print head in the three-dimensional gel area in addition to printing technologies.
