3D printing trailblazer听Ai Build has raised听拢730,000听in a seed funding round.听
The London start-up, which launched last year, is already working with听Formula One听several top automotive and motorsport manufacturers听to听deliver large-scale 3D printing of car parts at speed in factories.听
The firm was also recently selected to participate in the prestigious ATI Boeing Accelerator, and has started working with GKN Aerospace and Rolls-Royce alongside Boeing.听
The听funding round听was听led by听SuperSeed, a London–based VC that specialises in听business听automation and Industry 4.0 investments.听听
Also joining the round is William Tunstall-Pedoe, the British entrepreneur who was one of the inventors behind Alexa, Amazon鈥檚 voice assistant.听
Ai Build听says its听solution has demonstrated considerable improvements for customers, who have been able to achieve a 90% reduction in labour costs and a 70% reduction in failed print attempts.听
This investment will enable Ai Build to accelerate commercialisation of听its听technology.听
Daghan Cam,听co-founder听and听CEO, said:听鈥淓ven though 3D printing has come a long way, it is still extremely difficult to produce large, complex parts with the consistency required by the manufacturing industry.听听
鈥�At present, parts that only take a few hours of printing time, take manufacturers weeks or months to prepare. Lack of automation is the barrier. To solve this problem, we use smart algorithms and data for maximum efficiency, reliability and scalability.听听
鈥�We are very excited and humbled to be backed by investors who share our vision to create the factories of the future.鈥�听
Mads Jensen,听managing听partner at听SuperSeed, said:听鈥淒aghan and his team at Ai Build are already doing business with some of the world鈥檚 leading automotive and industrial companies, but this is just the first step of what they can do.听听
鈥�Additive Manufacturing has the potential to change how things are made, and as the technology matures, there is an ever-growing demand for automating and optimising the process. Ai Build is well positioned to capitalise on听this opportunity based on the more than听five听years of R&D that has gone into the platform.听听
鈥�At听SuperSeed听we back smart, technical founders who are looking to transform how business is done using technology, and that description fits the Ai Build team perfectly. We are excited for the journey and potential ahead.鈥�听
3D printingIndustry 4.0