UK based Ai Build, a company developing Artificial Intelligence (AI) and Robotic technologies for large scale Additive Manufacturing (AM), has raised $1M (£0.74M) in a fresh round of funding led by SuperSeed.
Unlike 3-axis 3D printers currently on the market, Ai Build used 6 axis industrial robots powered by cutting edge technology and artificial intelligence that offer flexibility in the extrusion path and direction. Ai Build’s innovative extrusion technology allows for 3D printing that is affordable, lightweight and produced at high speed.
The funding will enable the company to accelerate commercialisation of its technology and bring it to many more global Tier 1 manufacturers in the aerospace and automotive sectors.
Daghan Cam, Co-Founder & CEO of Ai Build, said “Even though 3D printing has come a long way, it is still extremely difficult to produce large, complex parts with the consistency required by the manufacturing industry. At present, parts that only take a few hours of printing time, take manufacturers weeks or months to prepare. Lack of automation is the barrier. To solve this problem, we use smart algorithms and data for maximum efficiency, reliability, and scalability. We are very excited and humbled to be backed by investors who share our vision to create the factories of the future.”
Mads Jensen, the Managing Partner at SuperSeed, said “Daghan and his team at Ai Build are already doing business with some of the world’s leading automotive and industrial companies, but this is just the first step of what they can do. Additive Manufacturing has the potential to change how things are made, and as the technology matures, there is an ever-growing demand for automating and optimising the process. Ai Build is well-positioned to capitalise on this opportunity based on the more than 5 years of R&D that has gone into the platform. At SuperSeed we back smart, technical founders who are looking to transform how business is done using technology, and that description fits the Ai Build team perfectly. We are excited for the journey and potential ahead”
For more information: www.ai-build.com