Los Angeles-based 3DEO, a leading player in design, engineering, and metal additive manufacturing (AM), has announced a significant investment from the Development Bank of Japan Inc. (DBJ) and Seiko Epson Corporation (EPSON). The collaboration marks a notable milestone for 3DEO, emphasizing the confidence in its proprietary 3D printing technology.
With a focus on complex metal 3D printed components/assemblies and advanced Design for Additive Manufacturing (DfAM), 3DEO stands out with a portfolio of 18 patents. The company’s end-to-end solution includes proprietary software, metal 3D printers, robotics, and materials, streamlining production processes and reducing complexity for clients.
The investment from DBJ and EPSON is expected to fuel 3DEO’s growth strategies in North America and Japan, particularly in sectors such as semiconductor, aerospace, medical devices and equipment, and industrial fields.
Matthew Petros, CEO and Co-founder of 3DEO, highlighted the collaborative nature of the investment, stating, “This investment is not just capital; it’s a commitment to a shared vision of challenging what’s possible through the combination of additive design principles and differentiated capabilities.”
In Japan, where precision casting has traditionally played a pivotal role, 3DEO’s advanced AM technologies and DfAM expertise are anticipated to address challenges in the adoption of AM technologies at production sites. The collaboration aims to contribute to the evolution of Japan’s manufacturing industry.
Payman Torabi, CTO and Co-founder of 3DEO, underscored the potential benefits of integrating 3DEO’s AM capabilities with Japan’s meticulous engineering tradition. He stated, “This investment is a testament to the trust and potential seen in 3DEO’s innovative approach.”
DBJ’s strategic investment aligns with its mandate to foster technological innovation and industry reorganization, while EPSON’s contribution aligns with its mission to promote manufacturing innovation under its Epson 25 Renewed Corporate Vision. The investment, made through the DBJ Startups and Innovation Fund, has undergone a careful review by the Committee on Foreign Investment in the United States (CFIUS).
The collaboration seeks to leverage the strengths of the Japanese manufacturing industry, with DBJ providing hands-on support to 3DEO and collaborating closely with EPSON and other stakeholders. The goal is to proactively support 3DEO in building its business and increasing its corporate value while contributing to the social implementation of DfAM in Japan.
“We are excited to see how this synergy will support our continued mission to empower customers with unparalleled design freedom and production capabilities,” added Petros. With this strategic investment, 3DEO aims to disrupt traditional and advanced manufacturing processes, bringing innovative products to market faster and more efficiently.