was successfully added to your cart.

3D scanning company raises $55M, 3D Printing Industry launches new database

By July 18, 2018Uncategorized
mantis-151-Edit-1024x652-1024x652.png

Investment activity in the 3D printing industry is heating up this summer. The latest company to benefit is Mantis Vision, a Petach Tikva, Israel-based enterprise focused on 3D scanning technology.

In a series D funding round led by Luenmei Quantum Co. Ltd. and the Samsung Catalyst Fund, Mantis Vision raised $55m. This brings funding to date to $83m.

Samsung initially invested in Mantis Vision in 2014. The manufacturer of Galaxy smartphones believes that the Mantis 3D scanning component, which is thinner than 4mm, could open up possibilities including making eye-contact during video chat.

Mantis Vision intends to use the funds “to extend its technological edge, accelerate go-to-market strategy, expand its international workforce and support external growth opportunities.”

Specifically the company has plans to double its workforce, reaching 140 by 2020. Mantis Vision will also target the Greater China Market as a region for growth with offices in Beijing and Shanghai. A new joint venture, “MantisVision Technologies” with Luenmei Quantum Co. will also advance this goal.

Mantis Vision 3D content capture systems can be used with professional 3D scanners, smartphone 3D cameras and to set up a 3D volumetric studio.