Seurat Technologies
Canvas Category Machinery : Additive Manufacturing : Fabricated Metal
With all metal additive manufacturing processes, print speed and resolution are tightly coupled. Printing parts quickly comes at the price of resolution. Adding more lasers and energy sources creates diminishing returns. James and the founding team created Seurat in 2015 to create a future of unlimited scalability by decoupling the parameters of speed and resolution and unlocking access to potentially the full market of conventional manufacturing. And by doing so, Seurat will enable a future that is better for our people and planet.
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Seurat Technologies Raises $99M to Deploy Local Printing Factories, Decarbonize Manufacturing
Seurat Technologies, the 3D metal printing leader that is making manufacturing better for people and the planet, today announced a $99 million Series C round led by NVentures, NVIDIA’s venture capital arm and Capricorn’s Technology Impact Fund focused on climate solutions. Seurat’s latest funding round includes participation from new investors Honda Motor and Cubit Capital, among others, as well as participation from previous investors, True Ventures, SIP Global Partners, Porsche Automobil Holding SE, Denso Global, General Motors Ventures, Maniv Mobility LP, and Xerox Ventures.
Powered by 100% green energy, Seurat is reinventing and reshoring manufacturing with its Area Printing technology developed at Lawrence Livermore National Laboratory. This 3D metal printing technology delivers high-precision, high-volume, decarbonized manufacturing, which Seurat anticipates will have the potential to directly mitigate as much as 100 million tons of CO2 by 2030.
Seurat and Siemens Energy to 3D Print 59 Tons of Metal Parts
Seurat Technologies – the 3D metal printing leader making manufacturing better for people and the planet – announced an agreement to develop 59 tons of additively manufactured metal components for Siemens Energy turbines. Development will ramp up over a six-year-period for parts meeting the material qualification requirements of Siemens Energy. The initial focus will be on one part family, with the possibility of increasing volumes to include others in the future.
Siemens Energy has also invested cash in Seurat Technologies through its venture arm, Siemens Energy Ventures. Operating at the intersection of the corporate and startup ecosystems, Siemens Energy Ventures builds, pilots and invests in startups that are developing innovative energy and decarbonization technologies and business models.
CO2 emissions can be most effectively reduced by sourcing #RenewableEnergy or reducing energy consumption overall. Seurat provides a roadmap that will lead green transitions for #manufacturing.
— Seurat Technologies (@SeuratTech) October 27, 2022
More details 🧵👇 pic.twitter.com/H5S1zgIqff
Investing in Seurat’s AM Technology as a Pathway to Distributed Manufacturing and Industrial Decarbonization
Spun out of the Lawrence Livermore National Laboratory, Seurat Technologies has made its mission to break down the technical barriers of metal AM and facilitate a way for the approach to become a true successor to traditional manufacturing. Identifying the point-by-point raster-style printing method underlying all exiting laser-based metal AM as the key issue, co-founders James DeMuth (CEO) and Andy Bayramian (CSO) turned to the source of the problem — the laser.
Having already demonstrated their technology and rapidly scaling the method for industry use, Seurat is accelerating AM to deliver on its full potential. Their approach can enable production-level throughput without sacrificing resolution. Performance is maintained as well. Their approach facilitates full melt/full density part performance matching those produced by traditional metal forming methods like investment casting and forging. This unlocks new relevance to sectors like the auto industry which demand high precision and performance in both geometric tolerance and mechanical behavior at high production volumes.
Parts that may appear basic in terms of design can still benefit from the #AdditiveManufacturing process, especially through #AreaPrinting. Get ready, here comes a 🧵!
— Seurat Technologies (@SeuratTech) June 3, 2022
Seurat Technologies Raises $21M to Decarbonize Manufacturing
Seurat has already secured seven letters of intent to join its commercialization program from the world’s largest automotive, aerospace, energy, consumer electronics, and industrial companies, and expects to launch its first commercial programs this year. The additional funding will be used towards building Seurat’s production-grade system which is targeted to produce parts at $300/kilogram — comparable to parts produced by machining. By 2025, Seurat anticipates lowering manufacturing cost to $150/kilogram, which is comparable to castings. As Seurat grows, its tech will make the $1 trillion metal manufacturing market fully accessible to additive manufacturing.