AM Ventures
Canvas Category Consultancy : Company : Venture Capital
AM Ventures is a value-driven investment company with a mission to find, support, and scale the most innovative and impactful technological solutions to combat the climate crisis and other future challenges. We invest in the best people with the brightest ideas and are convinced that 3D printing is changing the world so it will become a better place.
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Evove closes £5.7 million funding round to accelerate growth and scale-up of the next generation of filtration membranes
UK technology business Evove has today announced the completion of a funding round of £5.7 million. Capital was injected by existing investors and two new international specialist investors from climate-tech and additive manufacturing venture funds, alongside continued support from existing investors. The round was led by At One Ventures, backers of high growth companies using disruptive deep tech to upend the unit economics of established and emerging industries while dramatically reducing their planetary footprint.
AM Ventures closes venture capital fund with focus on industrial 3D printing
AM Ventures, one of the global leaders in venture capital for additive manufacturing (AM), has announced the final closing of its oversubscribed venture capital fund focused on industrial 3D printing, closing at 100 million EUR hard cap.
Conflux Technology secures AUD$8.5m funding in Series A round
Metal additive manufacturing firm Conflux Technology has raised AUD$8.5m in its Series A investment round. The company, which uses metal 3D printing technology to develop heat exchangers for the aerospace, microelectronics, energy and automotive sectors, has attracted investment from AM Ventures and Acorn Capital.
AM Ventures initially provided funding to Conflux Technology back in 2017, with the company immediately expanding its workforce and going on to service customers in a range of industries and geographies with additively manufactured heat exchangers. These heat exchangers are said to exhibit an enhanced performance, with improvements to heat transfer and pressure drop, and significant savings in weight and space.
Having proved out additive manufacturing’s capacity to develop improved heat exchanger components and successfully delivered them into a variety of vertical markets, AM Ventures, along with Acorn Capital, have been persuaded to provide a further cash injection into Conflux Technology.
“The investments will enable us to significantly increase our capacity and capability,” commented Conflux Technology founder and CEO Michael Fuller. “We will be increasing the number of metal AM machines and investing in the latest series-production platforms, continuing to grow our team and furthering our vertical integration with final post-processing of parts. Our transformation from research and development to a fully-fledged production facility is now in action. It’s exciting to be able to advance our offering and expedite long-held plans.”