East Innovate
Assembly Line
TOffeeAM banks £5 million
The round was led by Sumitomo Corp subsidiary Presidio Ventures Europe and London-based East Innovate. UK-based deeptech investor IQ Capital has returned from TOffeeAM’s seed round, investing alongside US-based fund Type One Ventures, Exor Seed, Italy’s Excellis and assorted angel investors.
TOffeeAM will use the series A capital to scale its 3D printing platform into new overseas markets; specifically seeking in-roads into the massive US market and also across East Asia.