Country for PR: Japan
Contributor: Kyodo News JBN
Thursday, April 13 2023 - 16:00
AsiaNet
SUN METALON Announces New Funding and Global Leadership Appointments
REDONDO BEACH, California and KAWASAKI, Japan, Apr. 13, 2023 /Kyodo JBN-AsiaNet/ --

- SUN METALON Raises Additional US$2 Million from New U.S. and Japanese 
Investors to Accelerate Global Expansion -
- It Adds Industry Veterans Dr. Adrian Keppler and Mr. Mark Cook to Board and 
Leadership Team -

SUN METALON Inc. ( https://sunmetalon.com ), the pioneer in a revolutionary 
ultra-high-speed metal 3D printing technology, announced that it raised an 
additional US$2 million in its pre-series A extension. The funding was from new 
investors Impact Science Ventures, i-nest capital and Scrum Ventures, along 
with an existing investor D4V (Design for Ventures). This new financing round 
brings the total investment in SUN METALON to US$9.7 million.

Logo: https://kyodonewsprwire.jp/img/202304114725-O1-k9sl0798

In addition, former EOS CEO Dr. Adrian Keppler was appointed as an independent 
director and former 3D Systems VP Mr. Mark Cook as VP of Product and Business 
Development for global expansion.

Dr. Adrian Keppler

Photo1: https://kyodonewsprwire.jp/img/202304114725-O2-AbmvJ8B0

"SUN METALON has a fascinating technology allowing to speed up the 3D Printing 
process of Metals significantly. This is what customers are looking for, 
especially in less demanding industries than aviation and medical. Besides 
that, SUN METALON has a highly ambitious leadership team gathering a group of 
very talented people both in Japan as well as the US. I'm honored and thrilled 
to join the team on its interesting journey becoming the dominant player in 
'affordable' Metal 3D Printing!"

Mr. Mark Cook

Photo2: https://kyodonewsprwire.jp/img/202304114725-O3-seb8hv6D

"As head of the metal LPBF product portfolio at 3D Systems, I understood the 
difficult challenge of penetrating broader manufacturing markets due to the 
inherent high cost per part because of the slow speed and lack of scalability 
of that technology. That knowledge allowed me to immediately recognize that SUN 
METALON's unique technology would provide a more revolutionary rather than 
evolutionary breakthrough in speed and overall cost per part. In addition to 
speed and cost improvements, the technology allows manufacturers to implement a 
true circular business model having a significant impact on their carbon 
footprint."

Comments from new investors and SUN METALON's CEO:
https://kyodonewsprwire.jp/attach/202304114725-O1-77XqJE6U.pdf

Company information
CEO: Kazuhiko Nishioka
Establishment: February 2, 2021
Company website: https://sunmetalon.com


Source: SUN METALON Inc.