The Development Bank of Japan Inc. (“DBJ”) and Seiko Epson Corporation (“Epson”) have recently invested in the California-based startup, 3DEO Inc., marking a significant move in the expansion of the additive manufacturing (AM) industry.
3DEO, a dynamic North American startup, offers fully integrated services for the design and manufacturing of intricate metal parts through its exclusive end-to-end 3D printing ecosystem. The company utilizes patented hardware and software, collaborating with clients on value-added design for additive manufacturing (DfAM) services. This strategic partnership with customers accelerates the production of cutting-edge products in diverse sectors, including aerospace, medical/healthcare, semiconductors, and industrial markets.
In recent years, metal additive manufacturing has seen substantial growth, particularly in aerospace, medical/healthcare, and semiconductor fields. Automotive and industrial sectors have also embraced this technology to reduce development costs, streamline production, and create functional molds and spare parts.
While Japan has traditionally leaned towards conventional metalworking based on precision casting, there is a growing interest in advancing additive manufacturing technologies and DfAM. Despite the enthusiasm for research and development, implementing AM technologies at production sites faces high entry barriers, resulting in a lag in the supply chain’s adaptation to innovative trends.
DBJ’s investment, aligned with its mission of promoting “technological innovation and reorganization of industry,” and Epson’s commitment to “manufacturing innovation” through its Epson 25 Renewed Corporate Vision, is facilitated through the DBJ Startups and Innovation Fund. This fund, operating under DBJ’s Specified Investment Operations, supports 3DEO’s business expansion in both North America and Japan, contributing to innovation and enhancing competitiveness in the Japanese manufacturing sector.
3DEO distinguishes itself through its purpose, business model, and unique full-stack solution. The company empowers customers to innovate and scale unique products using its patented technology and industry-leading DfAM capabilities. Operating on a fully integrated services model, 3DEO offers design and manufacturing for metal 3D printing, along with DfAM training and expertise, eliminating the customer burden of learning and implementing AM processes at scale.
DBJ and Epson have completed the procedures related to the Committee on Foreign Investment in the United States (CFIUS) on December 14, 2023, ensuring compliance with regulatory requirements.
DBJ will provide hands-on support to 3DEO, collaborating closely with Epson and other stakeholders to actively assist 3DEO in building its business and increasing its corporate value. Serving as a nexus for all involved parties, including national and local governments and related private companies, DBJ aims to contribute to the social implementation of DfAM in Japan, fostering innovation and restructuring within the manufacturing industry.
