SUN METALON Announces New Funding and Global Leadership Appointments

SUN METALON — Thu, 13 Apr 2023 15:00:00 +0900

SUN METALON Inc.
REDONDO BEACH, California and KAWASAKI, Japan, Apr. 13, 2023 /Kyodo JBN/ --
- 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

SUN METALON, Startup Company Developing Revolutionary Ultra-fast Metal 3D Printer,

SUN METALON — Fri, 21 Oct 2022 16:00:00 +0900

KAWASAKI, Japan, Oct. 21, 2022 /Kyodo JBN/ --
SUN METALON Inc.
SUN METALON Inc. ( https://sunmetalon.com ), a startup company developing a metal 3D printer, has announced the procurement of US$5.6 million in its pre-series A funding round. The funds were raised from new investor GLOBIS CAPITAL PARTNERS & Co., along with existing investors UTEC (The University of Tokyo Edge Capital Partners Co., Ltd.), D4V (Design for Ventures), and Berkeley SkyDeck Fund (associated with the University of California, Berkeley). This new round of fundraising brings the total investment in SUN METALON to US$7.7 million.

Logo: https://kyodonewsprwire.jp/img/202210188315-O1-N1D9K8HU

Metal 3D printer: https://kyodonewsprwire.jp/prwfile/release/M107412/202210188315/_prw_PI3fl_u8Cv9yZZ.jpg

Executive team of SUN METALON: https://kyodonewsprwire.jp/prwfile/release/M107412/202210188315/_prw_PI2lg_8vma0uB5.jpg

With its unique ultra-high-speed metal 3D printing technology -- up to 500 times faster than the conventional machines -- originating in Japan, SUN METALON aims to create a world where metal products can be produced from local ores anywhere in the world. The company will expand its business globally to democratize metal 3D manufacturing, and contribute to the shift into the next age of industrialization.

Comments from investors and SUN METALON's CEO: https://kyodonewsprwire.jp/attach/202210188315-O1-09L209pH.pdf

About SUN METALON Inc.
SUN METALON Inc. is developing a new principle-based metal 3D printer that can reduce costs by more than 90% due to ultra-high efficiency -- 500 times faster than conventional metal 3D printing technology. The first machine is scheduled for official release in early 2023. The size of parts that can be manufactured will be expanded in stages, and three machine lineups will be taken to the market as of 2023. The first machine is currently under development and the first customer delivery is scheduled for October 2022.

Exhibition information
SUN METALON will be exhibiting at the following trade shows in Japan and Germany.
- JIMTOF2022 (Tokyo, November 8 - 13)
https://jimtof.org/en/index.html

- Formnext 2022 (Frankfurt am Main, November 15 - 18)
https://formnext.mesago.com/frankfurt/en.html

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

法人別リリース

SUN METALON Announces New Funding and Global Leadership Appointments

SUN METALON, Startup Company Developing Revolutionary Ultra-fast Metal 3D Printer,