Creative 3D Technologies
[Closed for Investment] Creative 3D Technologies, with a valuation cap of $4.5 million, is raising funds on MicroVentures. The company is focused on manufacturing innovative 3D printing technology. Duo, the 3D printer of Creative 3D Technologies, features a high build volume and provides support for fine layer resolutions. Creative 3D Technologies was founded by Ethan Baehrend in 2017 and raised $35,000 in its pre-seed round of funding in the same year. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,070,000, and the proceeds will be used for marketing, equipment purchases, manufacturing, and research and development. Creative 3D Technologies has been featured in over 20 media outlets, including 3Dprint.com and Technori, and has a long expressed interest list of customers.
Investment Overview
Raised: $124,930
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/04/2021 | Microventures | $4,500,000 | $124,930 | Convertible Note | Funded | RegCF |
Founder Profile
Interview with Creative 3D Technologies Founder Ethan Baehrand
Additive manufacturing -- or 3D printing -- has been hailed as the future of manufacturing. However, adoption of this new technology has been slower than expected. A dominant mode of 3D printing and a dominant player in the industry are both still lacking.Creative 3D Technologies is trying to solve a common 3D printing pain point with its innovative printer. Founder Ethan Baehrand doesn't think you should have to sacrifice fine detail for high build volume, which is often the case with other printers. Creative 3D combines printing technology from multiple modes and formats into one, harnessing the strengths and eliminating the weaknesses. We talked to Ethan about the personal experiences that inspired him to start Creative 3D and where he thinks the industry is heading.
Note: This interview was conducted over email. It has been lightly edited for clarity and length.