ZVerse, a Columbia, South Carolina-based maker of 3D content creation and production applications for 3D printing, raised $3.5m in Series A funding.
Backers included Mosley Ventures and Capital A Partners as well as angel investors Walter Alessandrini and Scot Wingo. In conjunction with the funding, Wei-Chun Tai of Mosley Ventures joined ZVerse’s board.
The company intends to use the funds to grow its position in full color 3D printing applications for licensed content of major brands and to commercialize its proprietary B2B 3D content creation platform, LAYR.
Founded in April 2013 by John Carrington, CEO, ZVerse develops 3D content creation and production applications for 3D printing. Applications powered by Layr have been used by Fortune 100 companies and small businesses alike. ZVerse is also licensed with over 36 collegiate organizations, including the University of Notre Dame and University of Oregon, to produce full color 3D printed sports memorabilia.
The company also announced a strategic partnership and commercial agreement with 3D Systems (NYSE: DDD) to advance applications and market opportunities for full color 3D printing. As part of the agreement, the two companies will co-develop ZVerse’s patent pending post processing technology for producing high gloss and moisture resistant full color 3D printed products. In addition, they will collaborate on development and marketing of 3D Systems’ Photobooth technology using ZVerse’s licensed content and distribution channels.
FinSMEs
23/07/2015