AddiFab - About the company
AddiFab is an acquired company based in Jyllinge (Denmark), founded in 2014 by Jon Jessen. It operates as a Provider of Industrial 3D Printing services. AddiFab has raised $6.3M in funding from Mitsubishi Chemical Group Corporation and West Hill Capital. The company has 39 active competitors, including 3 funded and 11 that have exited. Its top competitors include companies like Morf3D, Exentis group and Midwest Composite Technologies.
Company Details
Provider of Industrial 3D Printing services. Its solution can be scaled from the prototyping stage for large volume production. Their platform combines injection moulding and 3D Printing to optimize the manufacturing process. It uses silicon and polypropylene for 3D printing.
- Website
- addifab.com
- Email ID
- *****@addifab.com
Key Metrics
Founded Year
2014
Location
Jyllinge, Denmark
Stage
Acquired
Total Funding
$6.3M in 8 rounds
Latest Funding Round
Investors
Ranked
3rd among 39 active competitors
Employee Count
25 as on Dec 31, 2021
Exit Details
Acquired by Nexa3D (Apr 04, 2023)
Legal entities associated with AddiFab
AddiFab is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Addifab Aps CIN: 36456469 , Denmark, Active | - | 10 (As on Mar 31, 2024) | ||
AddiFab Limited CIN: 12839222 , United Kingdom, Active | Aug 25, 2020 | - | - |
AddiFab's acquisition details
AddiFab got acquired by Nexa3D on Apr 04, 2023.
Click here to take a look at AddiFab's acquisition in detail
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AddiFab's funding and investors
AddiFab has raised a total funding of $6.3M over 8 rounds. Its first funding round was on Aug 2016. Its latest funding round was a Series A round on Mar 10, 2021 for $*****. 1 investor participated in its latest round. AddiFab has 16 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of AddiFab:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 10, 2021 | 1148653 | Series A | 9994204 | 5951555 | 1137487 | 3187870 |
Sep 26, 2019 | 5453291 | Seed | 4045597 | 9018291 | 7320706 | 2590068 |
Mar 2019 | 7298211 | Grant (prize money) | 6616124 | 4666465 | 8630769 |
View details of AddiFab's funding rounds and investors
AddiFab's founders and board of directors
Founder? Claim ProfileThe founders of AddiFab is Jon Jessen.
Here are the details of AddiFab's key team members:
- Jon Jessen: Co-Founder & CTO of AddiFab.
- Lasse G. Staal: CEO of AddiFab. They serve on the board of 1 company.
AddiFab's Board of Directors
AddiFab's board has 5 active members. Lasse G. Staal is part of team and Henrik Rask, Finn Mogensen, Patrick Suel and Peter Lund are independent board members.Here is the list of AddiFab's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
hasoytm | Team | - | Current | 2y 1m |
Independent board member | - | Current | 9y 3m | |
dknzyyy | Independent board member | - | Current | 3y 8m |
nmxvimc | Independent board member | - | Current | 9y 3m |
jlvpzlv | Independent board member | - | Current | 6y 4m |
jpoywdm | Independent board member | - | Past | 7y 3m |
aikyrik | Independent board member | - | Past | 1y 6m |
View details of AddiFab's Founder profiles and Board Members
AddiFab's employee count trend
AddiFab has 25 employees as of Dec 21. The total employee count is the same as what it was in Dec 20. Here is AddiFab's employee count trend over the years:
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AddiFab's Competitors and alternates
Top competitors of AddiFab include Morf3D, Exentis group and Midwest Composite Technologies. Here is the list of Top 10 competitors of AddiFab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Morf3D 2013, El Segundo (United States), Acquired | Provider of additive manufacturing design and manufacturing services | - | 47/100 | |
2nd | Exentis group 2015, Stetten (Germany), Funding Raised | Manufacturer of products for 3D screen printing process | - | - | 43/100 |
3rd | Provider of Industrial 3D Printing services | $6.3M | 43/100 | ||
4th | Midwest Composite Technologies 1984, Hartland (United States), Acquired | Manufacturer of the powders for the additive manufacturing operations | - | - | 37/100 |
5th | Madde 2023, Seoul (South Korea), Series A | Manufacturer of 3D printed components for semiconductors, space, and nuclear reactors | $9.62M | 37/100 | |
6th | Moi Composites 2018, Pero (Italy), Funding Raised | Developer of continuous fiber manufacturing technology for composite material production | - | 36/100 | |
7th | 10XL 2015, Rotterdam (Netherlands), Seed | 3D Printing scale models for towing tanks | - | 31/100 | |
8th | Azoth 2018, Ann Arbor (United States), Unfunded | Provider of 3D printing services for industrial applications | - | - | 29/100 |
9th | Response Technologies 2015, Barrington (United States), Acquired | Developer of advanced materials for multiple industries | - | 29/100 | |
10th | Addcreative 2022, Vila Nova de Gaia (Portugal), Acquired | Manufacturer of laser powder bed fusion machines | - | - | 29/100 |
Looking for more details on AddiFab's competitors? Click here to see the top ones
AddiFab's Investments and acquisitions
AddiFab has made no investments or acquisitions yet.
News related to AddiFab
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Nexa3D and Addifab Partner to Bring Larger, Faster 3D Printed Tooling to Injection MoldersBusiness Wire•Mar 22, 2022•Nexa3D, AddiFab
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AddiFab to increase availability & supply of Freeform Injection Molding as $6.3m raisedTCT Magazine•Mar 10, 2021•AddiFab
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AddiFab’s AFU5 3D printer designed for making injection mold toolingThe FABRICATOR•Aug 13, 2020•AddiFab
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3d Printing And Injection Molding Go Hand In Hand At Danish Startup Addifab3D Printing Industry•Apr 14, 2019•AddiFab, Mitsubishi Chemical Group
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AddiFab to Showcase Blend of Additive Manufacturing and Injection Molding at RAPID + TCT in DetroitDigital Engineering•Apr 05, 2019•AddiFab
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AddiFab Receives EU Grant to Mature Metal and Ceramic Injection Molding TechnologyDigital Engineering•Mar 11, 2019•AddiFab
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