Quantica, a Berlin-based pioneer in advanced additive manufacturing technology, has successfully raised its Series A funding to €19.7 million. This funding boost was led by the British private equity and VC firm, West Hill Capital, and saw contributions from a family-owned dental company, Quantica’s management team, and Korean VC firm, Big Bang Angels.
David Hollidge, Managing Partner at West Hill Capital, expressed his enthusiasm about the investment, stating, “Quantica’s innovative technology and strong growth potential make it an exciting addition to our portfolio. We look forward to working with the Quantica team to help drive the company’s expansion and bring its groundbreaking additive manufacturing solutions to a wider market.”
Founded in 2018, Quantica operates as an intellectual property-driven deep technology company with offices in Barcelona and Cambridge. The company is dedicated to advancing additive manufacturing through its two flagship printing systems: the NovoJet™ OPEN and the NovoJet™ JetPack. The NovoJet™ OPEN is a versatile printing system designed for ultra-high viscosity, multi-material printing of both 2D and 3D applications. It serves as an open printer capable of utilizing new materials for inkjet process and application development. The NovoJet™ JetPack, on the other hand, is an R&D tool that allows researchers to optimize and validate new materials specifically for NovoJet™ printheads.
Claus Moseholm, CEO of Quantica, shared his excitement about the new partnership with West Hill Capital, stating, “We are thrilled to welcome West Hill Capital as a new partner to our company. This latest commitment shows how attractive our business and technology is for the larger international market. The additional funding will allow us to further expand our team and accelerate the development and production of our cutting-edge additive manufacturing solutions.”
This new funding round is a significant milestone for Quantica, coming on the heels of several strategic developments. These include a collaboration with ALTANA Cubic Ink® to broaden the material portfolio for inkjet technologies, a partnership with ImageXpert to enhance measurement systems, and the launch of an AI-based build management and slicing software called MultiSlice, developed in cooperation with the Czech startup Additive Appearance. Additionally, Quantica has recently introduced its NovoJet™ OPEN system and established a strategic printhead manufacturing partnership with industry leader Xaar.
Quantica’s innovative solutions have positioned it at the forefront of the additive manufacturing industry. The NovoJet™ OPEN system and NovoJet™ JetPack represent significant advancements in the field, enabling high-precision, multi-material printing that opens up new possibilities for various industries, including dental, medical, and manufacturing sectors.
The fresh capital injection will enable Quantica to scale its operations, enhance its product offerings, and expand its market reach. With the support of new and existing investors, Quantica is poised to accelerate the commercialization of its technologies and continue its mission of revolutionizing the additive manufacturing landscape.
As the company continues to grow, it remains committed to pushing the boundaries of what’s possible with additive manufacturing. By leveraging its deep expertise in inkjet technology and materials science, Quantica is set to deliver innovative solutions that meet the evolving needs of its customers and drive the industry forward.