All3DP’s 3D printing marketplace Craftcloud has closed a new round of financing. The HZG Group is leading the round and joins existing investors High-Tech Gründerfonds (HTGF), Bayern Kapital and Deutsche Balaton AG. The funds are primarily intended to accelerate the international growth of the marketplace solution.
Craftcloud simplifies the 3D printing process. Customers upload their digital model and receive real-time quotes from validated printing service providers. The platform lists around 180 providers worldwide with detailed information such as name, location and available printing processes.
All3DP Managing Director Mathias Plica reports annual growth of over 60 per cent at Craftcloud. The new financing is intended to further increase this growth through targeted marketing. Kerstin Herzog, Managing Partner of the HZG Group, sees the platform economy as an effective lever for the 3D printing market. She emphasises the opportunities for increasing efficiency and tapping into new customer segments.
The market for finished 3D-printed parts is growing rapidly. According to Wohlers Report, the global volume in 2023 was around six billion US dollars. The AM Report forecasts an increase to eight billion US dollars by 2024. In the overall context of digital manufacturing, which also includes processes such as plastic injection moulding and CNC machining, the global market volume is estimated at USD 55 billion.
Craftcloud serves 70 per cent of B2B customers from a wide range of industries. Mikkel Kring, Chief Product Officer at Craftcloud, emphasises the importance of transparency and efficiency. In a market with volatile prices, the platform provides a clear overview and saves time when preparing quotations.
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