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Markforged acquires Digital Metal for $40M as 3D printing space continues to evolve

TechCrunch

Infusing Digital Metal’s solution into The Digital Forge platform allows us to address new applications in the medical, automotive, luxury goods and other industries,” said Shai Terem, president and CEO of Markforged. Among other things, Protolabs acquired 3D Hubs , Desktop Metal snagged EnvisionTEC and Lumentum spent $5.7

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MIT spinoff, OPT, ramps up production of its 3D-printed nasal swab

TechCrunch

OPT’s 3D printing system was seven years in the making, but its timing was certainly fortuitous, with the creation of a swab it says is “up to 20 times more effective in bacterial sample elution.” RAMP 3D prints edge-to-edge rolls, allowing the system to produce high-resolution prints at a much faster scale than traditional methods.

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Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint

TechCrunch

Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 million (25 billion KRW) in a Series B funding round as it wants to increase its global presence, specifically into the U.S., Germany, Japan and Singapore. .

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Hover secures $60M for 3D imaging to assess and fix properties

TechCrunch

Hover — which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a repair, price out the job, and then order the parts to do the work — has raised $60 million in new funding.

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LexxPluss expands into US with its warehouse robots

TechCrunch

LexxPlus initially targeted the logistics and automotive manufacturing spaces because those spaces are actively deploying robots beyond their production lines. Its main customers are in Japan in the logistics and automotive sectors; some of the current automotive components makers have facilities in the U.S.,

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SAP aims for more digital and resilient supply chains

CIO

This is an important factor, especially in the automotive industry in the switch to electric vehicles because the quantities are smaller. Catena-X, an ecosystem and open-data space, is currently being established in the automotive industry and Saueressig expects the first concrete applications in the current year.

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LG announces the first 50 participants in its LG Nova program

TechCrunch

ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies. echo3D – Cloud platform for 3D/AR/VR that provides tools and network infrastructure to help quickly build and deploy 3D/metaverse apps, games and content. Tanvas, Inc. Innovation for Impact.

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