TLDR:
- Rapid Liquid Print (RLP) secures $7 million in series A funding from HZG Group, BMW i Ventures, and MassMutual.
- Rapid Liquid Print’s 3D printing technology produces large-scale, flexible, and robust products in minutes by working inside a gel, with a focus on industrial-scale machine development.
Rapid Liquid Print (RLP), an additive manufacturing startup founded in 2015 as a spin-off from MIT, has completed its Series A funding with $7 million from lead investor Germany’s HZG Group joined by existing investors BMW i Ventures and MassMutual. RLP’s innovative 3D printing process, developed at MIT’s Self-Assembly Lab, utilizes a gantry system to draw liquid objects within a gel suspension, resulting in large-scale, flexible, and robust products in minutes with no additional support structures needed. The funding will primarily be used to scale production, expand the team, and build additional business areas.
In addition to the large-scale printing capabilities, RLP’s technology also offers sustainability benefits by reusing gel multiple times and enabling recycling of print materials. The HZG Group, founded by 3D printing pioneers Kerstin and Frank Carsten Herzog, sees the potential in RLP’s technology and aims to support the company in developing an industrial-scale production machine. BMW i Ventures, RLP’s first seed investor, is confident in the technology’s relevance in the automotive industry and the company’s future success.
Overall, Rapid Liquid Print’s innovative approach to 3D printing, combined with the support of experienced investors like HZG Group and BMW i Ventures, positions the company as a leader in the additive manufacturing industry, with promising prospects for growth and development in various sectors.
