Ai Build has closed a new funding round of $3.2m led by ACT Venture Partners and SuperSeed.
“This is a time when manufacturers are looking to realize the potential that additive manufacturing offers, making their supply chains more flexible, resilient, cost-effective, and sustainable. Ai Build enables its customers to rapidly achieve these strategic objectives through its groundbreaking 3D printing software,” said Mads Jensen, Managing Partner at SuperSeed.
In light of the recent pandemic, and the resulting disruptions to global supply chains, manufacturers are now recognizing the need to accelerate the adoption of additive manufacturing, at scale, and advance towards a more sustainable ‘factory of the future’.
“We were thrilled with the team’s achievements in developing and validating their platform with leading global customers from the automotive, aerospace, energy, and construction sectors. Ai Build’s clear vision to enable faster, repeatable, and sustainable additive manufacturing through AI and automation is a game-changer in scaling production, and making Ai Build the default operating system for all additive machines will be key in their growth strategy,” said Gurcan Ozan, Partner at ACT Venture Partners.
Working with a global network of hardware manufacturers such as Kuka for robotics, Weber for polymer machines, and Meltio for metal 3D printing, Ai Build customers report productivity gains of up to 90% on a diverse range of industrial additive manufacturing machines – while eliminating waste and cutting greenhouse emissions by approximately 70%. The intelligent software platform uses advanced geometrical analysis, physics simulation, and real-world data analytics to automatically adapt and optimize part production across different machines in large enterprises.
“We are excited to support Ai Build on their journey towards enabling sustainable factories of the future. Combination of a unique, AI-powered software platform and a world-class team of experts in their fields makes Ai Build a company that we can trust to accelerate our transition into a more sustainable aerospace industry,” said Nichola Bates, Head of Global Accelerators and Innovation Programs at Boeing.
The new investment from the funding round will accelerate Ai Build’s efforts to further develop its machine learning models for fully automated quality assurance, and integrate its software into a wide range of industry-standard 3D printers around the world. By creating a collaborative culture among its partners and customers across multiple industries, Ai Build has the intention of unlocking the full potential of additive manufacturing to reach true global scalability.
“To enable faster adoption of additive manufacturing at industrial scale, we created a unique company culture and a cloud-based collaboration platform where our engineering and commercial teams, partners, and end customers work closely on solving difficult real-world problems together. Since our product launch last year we onboarded over 20 hardware partners on AiSync as well as a customer base that is growing on a daily basis including several Fortune 500 manufacturers. The new investment will allow us to scale our teams across the board to continue onboarding new partners and customers rapidly,” said Daghan Cam, Co-founder, and CEO of Ai Build.