Spring Nordics porteføljeselskab Addifab solgt til amerikanske Nexa3D
Nexa3D Acquires Addifab Unlocking Digital Tooling for Injection Molding
Combination broadens capabilities, expands addressable markets, and diversifies revenues
● Combines freedom of creation enabled by ultrafast 3D printing and ubiquity of injection molding
● Democratizes access to dissolvable tooling which unlocks same day production of complex geometries using hundreds of molding materials
● Anchors next-gen resin formulation and manufacturing capabilities
● Cements Nexa3D’s EMEA presence with Customer Experience Center, Resin Manufacturing Facility and Fulfillment Center in Copenhagen, Denmark
● Augments Nexa3D software platform with CAD-to-Tool generation workflow
● Adds foundational intellectual property to Nexa3D growing technology moat
Ventura, CA, – Nexa3D, the ultrafast polymer 3D printing leader, announced today that it completed the acquisition of Addifab, the originator of Freeform Injection Molding, a proprietary and patented digital tooling process that couples the design freedom enabled by 3D printing with the mechanical performance of injection molding using hundreds of tried and proven engineering materials.
“We are very excited to welcome the entire Addifab team to the growing Nexa3D family of people, products and partners democratizing access to dissolvable tooling for same day complex molded parts with hundreds of industrial plastics,” said Avi Reichental, Co-founder, Chairman and CEO of Nexa3D.
The combination of these two highly complementary technologies unlocks the full potential of digital tooling for injection molding combining the freedom of creation with the reliability and ubiquity of injection molding, uniquely positioning Nexa3D for accelerated growth in the fast-growing additive manufacturing space. The acquisition also adds foundational intellectual property and capabilities to Nexa3D’s product line and accelerates its resin formulation and industrial production initiatives. “We believe that the market validated strategic fit between our businesses and products, combined with the expanded capabilities in product development, next-gen resin formulation, channel coverage, manufacturing, and marketing, will result in significant revenue and accretive growth,” said Reichental.
The acquisition follows a successful year of joint go-to-market collaboration between the two companies in both North America and EMEA. The joint sales and marketing efforts resulted in converting dozens of customers from traditional tooling to digital tooling due to significant time and cost savings associated with this innovative approach. This transformative end-to-end solution combines the best of Nexa3D’s ultrafast 3D printers with Addifab’s high-impact, high-temperature soluble resins to print complex tools that are compatible with any injection molding feedstock, thereby delivering complex tooling at a fraction of the cost and time of other 3D printers or conventional tooling processes.
Most notably, the combined solution was used by Wilson Sporting Goods to accelerate the development of youth baseball bats. Wilson’s R&D team was able to produce and test multiple design iterations at once by combining a 3D printed tool with final manufacturing materials during the prototyping phase. “Because we can iterateso much quicker, our R&D team can afford to be wrong,” said Glen Mason, Advanced Innovation at DeMarini Sports. “This helps us greatly improve our time-to-market, allowing us to be quick and nimble with our design decision-making process.”
Located in Copenhagen, Denmark, Addifab developed, patented, and successfully brought to market a proprietary end-to-end digital tooling solution that includes CAD-to-Tool software generator, dissolvable tooling resins, 3D printing and production injection molding process. By hybridizing the best of freeform additive manufacturing with the industrial strength of injection molding, Addifab unlocks tremendous potential for contract manufacturers, regional molders, medical-device companies, service providers and low-volume manufacturers looking to take full advantage of the design freedom inherent to 3D printing while using tried and proven injection molding plastic materials for same day and next day part production. This is because the xMOLD resin used to print digital tools is fully compatible with over 300 off the shelf thermoplastic materials, including reinforced high-performance feedstocks. Additionally, theNexa3D ultrafast 3D printing process is far more economical than traditional CNC machining of soft or hard tools and is made of soluble resin so does not require complex slides and gates, meaning that manufacturers have more flexibility to test and iterate on more designs more frequently. And importantly, you don’t have to be a toolmaker to quickly design an injection molding tool using the Addifab tool maker software or Solidworks.
In its Copenhagen facility Addifab also formulates and manufactures proprietary resins such as xMOLD, that can be used in a traditional split mold application for repeated use of the same mold, or in a unique dissolvable application that takes full advantage of3D printing’s range of geometric freedom to produce complex parts.
As part of its growing commitment to EMEA, and in service of its growing reseller partner network, Nexa3D plans to immediately leverage Addifab’s Copenhagen facility as its Customer Experience Center, inclusive of a product showroom, service and support hub for its European-based customers, and a main warehouse and logistics center in Europe. This move further emphasizes Nexa3D’s commitment to geographic expansion, customer success, and broadened access to its ultrafast 3D printing technology and digital tooling solutions.
Additional information is available on the Nexa3D website and in the media kit.
Nexa3D is passionate about digitizing supply chains sustainably as well as providing ultrafast 3D printing solutions for dental applications. The company makes ultrafast polymer 3D printers that deliver up to 20x productivity gains to professionals and businesses of all sizes. Partnerships with world-class material suppliers and its open materials platform unlock the full potential of additively manufactured polymers for volume production. Automated software tools optimize the entire production cycle using process interplay algorithms that ensure part performance and production consistency, while reducing waste, energy, and minimizing carbon footprint.
For more information on Nexa3D and its products, visit the Nexa3D website, or connect socially on LinkedIn,Twitter, Facebook, and Instagram.
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