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- Mizuho Bank Invests $3.5 Million in 3DEO to Propel Metal Additive Manufacturing
Mizuho Bank Invests $3.5 Million in 3DEO to Propel Metal Additive Manufacturing
Slice of Manufacturing Team
September 10, 2024
Key Highlights:
Mizuho Bank invests $3.5 million in Los Angeles-based metal additive manufacturing leader, 3DEO.
Focus on expanding Intelligent Layering® technology and Design for Additive Manufacturing (DfAM).
Strategic partnership to drive growth in aerospace, medical, industrial, and semiconductors sectors.
Supports 3DEO's goal to deliver innovative, high-precision metal parts through AM technology.
Source (Business Wire)
Notable Quote:
"We are honored to receive this investment from Mizuho Bank, a partner that recognizes the transformative potential of our technology."
Our Take:
Mizuho Bank's investment in 3DEO underscores the increasing importance of metal additive manufacturing in high-impact industries. With the $3.5 million strategic investment, 3DEO is well-positioned to extend its reach into key sectors such as aerospace and medical. This partnership is particularly notable as it aligns with Mizuho's commitment to fostering sustainable, innovative technologies through its Transition Investment Facility. As AM technologies like 3DEO's Intelligent Layering® continue to mature, they will play a crucial role in addressing the growing demand for precision-engineered solutions across a variety of industries. This collaboration could serve as a blueprint for how financial institutions support cutting-edge technology with a long-term vision for sustainability and growth.