Massivit 3D Printing Technologies Ltd. Receives Investment from Stratasys

Massivit 3D Printing Technologies Ltd. announced it has closed an investment by Stratasys (SSYS), the 3D printing and additive manufacturing solutions company. The proceeds will be used to further develop, promote and deploy Massivit’s proprietary super-sized, super-fast 3D printing solutions. Terms of the investment were not disclosed.
According to the company:

Massivit’s vision is to revolutionize large-format 3D printing using its proprietary Gel Dispensing Printing (GDP) technology. The company offers for sale a super-sized, super-fast 3D printing solution comprising the Massivit 1800 system and the Dimengel 3D printing material, both created to meet the needs of the visual communication market. Next, Massivit is looking to build upon its GDP technology to craft solutions for additional markets that require fast large format-3D printing.

Avner Israeli, Massivit CEO commented:

The investment by Stratasys, which comes after a comprehensive due diligence process, is a strong validation of our unique technology and strong value proposition. We look forward to Stratasys’ support in the fulfillment of our vision, including sharing its operational experience and insights, helping us expand into new markets and more.

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