SUN METALON, Startup Company Developing Revolutionary Ultra-fast Metal 3D Printer, Raises US$5.6 Million from Japanese and U.S. Investors

Author: SUN METALON Inc. / 2023-07-23 16:15 / Source: SUN METALON Inc.

SUN METALON, Startup Company Developing Revolutionary Ultra-fast Metal 3D Printer, Raises US$5.6 Million from Japanese and U.S. Investors

KAWASAKI,Japan,Oct. 21,2022 --SUN METALON Inc. ( https://sunmetalon.com ),a startup company developing ametal 3D printer,has announced the procurement of US$5.6 million in its pre-series A funding round. The funds were raised from new investor GLOBISCAPITAL PARTNERS & Co.,along with existing investors UTEC (The University ofTokyo Edge Capital Partners Co.,Ltd.),D4V (Design for Ventures),and BerkeleySkyDeck Fund (associated with the University of California,Berkeley). This newround of fundraising brings the total investment in SUN METALON to US$7.7million.

Logo: https://kyodonewsprwire.jp/img/202210188315-O1-N1D9K8HU

Metal 3D printer:

https://kyodonewsprwire.jp/prwfile/release/M107412/202210188315/_prw_PI3fl_u8Cv9yZZ.jpg

Executive team of SUN METALON:

https://kyodonewsprwire.jp/prwfile/release/M107412/202210188315/_prw_PI2lg_8vma0uB5.jpg

With its unique ultra-high-speed metal 3D printing technology -- up to 500times faster than the conventional machines -- originating in Japan,SUNMETALON aims to create a world where metal products can be produced from localores anywhere in the world. The company will expand its business globally todemocratize metal 3D manufacturing,and contribute to the shift into the nextage of industrialization.

Comments from investors and SUN METALON's CEO:

https://kyodonewsprwire.jp/attach/202210188315-O1-09L209pH.pdf

About SUN METALON Inc.

SUN METALON Inc. is developing a new principle-based metal 3D printer that canreduce costs by more than 90% due to ultra-high efficiency -- 500 times fasterthan conventional metal 3D printing technology. The first machine is scheduledfor official release in early 2023. The size of parts that can be manufacturedwill be expanded in stages,and three machine lineups will be taken to themarket as of 2023. The first machine is currently under development and thefirst customer delivery is scheduled for October 2022.

Exhibition information

SUN METALON will be exhibiting at the following trade shows in Japan andGermany.

- JIMTOF2022 (Tokyo,November 8 - 13)

https://jimtof.org/en/index.html

- Formnext 2022 (Frankfurt am Main,November 15 - 18)

https://formnext.mesago.com/frankfurt/en.html