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Replique is a venture that was born out of the BASF business incubator Chemovator. It has announced a funding round extension following its initial funding in May of 2023.
This financing round was led by STS Ventures, who also contributed with other investors. Replique plans to use this additional seed funding to enhance its platform capabilities by developing new automation modules and expanding its 3D printing service.
The company also aims to expand its global network of production partners qualified to meet the growing demand for industrial parts on-demand. A key priority is to improve integration with existing business software and make on-demand 3D-printing solutions more accessible and easy-to-use for businesses of any size.
Max Siebert, CEO of Replique and co-founder, said: “We are delighted about the continued support and funding from our proven investors.” The great relationship we have with our investors, and their additional resources, will allow us to focus fully on our core business. This seed extension allows us to develop the necessary structures in order to efficiently handle an increasing number of large future orders, ultimately accelerating growth and delivering greater value to our clients.
Industry leaders using Replique’s AM Solutions
Replique is used by major companies including Alstom, BASF and Miele.
MAN Truck & Bus incorporated Replique’s 3D-printing technology into its spare part production strategy in December last year, eliminating the need to maintain physical inventories. MAN worked with Replique to produce 10 bronze ducts for a marine engine cooling system. Replique used Selective Laser Melting to replicate the parts using m4p Brz10, which is equivalent to the original material’s technical specifications. The streamlined process took 7 weeks from the initial inquiry to delivery.
Alstom partnered up with Replique in 2022 to offer 3D printing on demand in industrial series production. This move was made to digitalize its supply chain and improve manufacturing flexibility, reduce lead times, and cut costs.
Alstom wanted to meet global client demands efficiently by utilizing Replique’s services. The partnership led to the installation of stainless-steel door stoppers. This demonstrated the benefits of AM for meeting specific customer requirements quickly and cost-effectively.
Replique also collaborated with Miele in order to integrate its 3D-printing platform into Miele’s online shop. This collaboration allowed Miele to offer spare parts and accessories quickly and cost-effectively.
Both companies wanted to pioneer Good Manufacturing Practices (GMP) in 3D printing polymer components for food contact. They started with a coffee clip and borehole cleaner. Replique’s expertise in printing processes, material quality assurance and Miele’s initiative of meeting customer demand through on-demand additive manufacture is supported by Replique.
Recent round of financial funding
Replique has announced that it will be joining the group of companies who have received funding from its financial round.
Quantica, a Berlin-based additive manufacturer, announced a recent increase in its Series A financing, bringing the total up to EUR19.7million. Quantica’s management, a family-owned dentistry company, and Big Bang Angels, a Korean venture capital firm, all contributed.
This follows collaborations with Altana Cubic Ink, ImageXpert and MultiSlice Software. Additive apperance. The investment was made to expand Quantica’s NovoJet OPEN, JetPack platforms and enhance its additive manufacturing capabilities.
Last year, the London-based 3D software developer Ai Build received $8.5 million from IQ Capital in a Series A financing round. Strategic investors Nikon, Superseed, ACT Venture Partners (UK), Atlas Venture, and Seedcamp participated in the funding round. The funding was intended to accelerate Ai Build’s product roadmap, improve automation, and AI capabilities for industrial 3-D printing and facilitate expansion into North America through a new subsidiary.
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The featured image shows, from left to right, Max Siebert and Henrike Wernerberger from Replique; Oliver Kaul, from STS Ventures; Sven Kruger, from chameleon GmbH; and Niklas Böhlke, from STS Ventures. Photo via Replique.