Körber—an international technology group of companies—has invested in BigRep, a German startup company that manufactures large-scale fused filament fabrication (FFF) 3D printers for professional and industrial use.
Körber is the second investor to participate in the current, Series B financing round, the first having been Klöckner & Co in April, 2017. The group’s strategic investments are focused on future technologies and markets.
BigRep claims to offer the largest FFF 3D printer, affording a build volume of 1 m2 (10.8 ft). The company has grown steadily since its founding in 2014 and currently has more than 70 employees as well as offices in Asia and the USA. The additional investment is to be used for ‘expanding development and solutions’ as well as ‘increasing global footprint and sales’.
René Gurka, chief executive officer (CEO) of BigRep, said: ‘Körber is a very experienced technology company that can support us not only financially, but also in industrial machine building. We are looking forward to working with our new colleagues.’
Michael Horn, member of Körber's board of management, added: ‘In addition to our existing know-how, we want to explore the possibilities of additive manufacturing even more intensively through our joint venture with the IRPD (Institute of Rapid Product Development) through our participation in BigRep. In addition, we will use these competencies within our business areas for further customer applications development.’