Essentium
Essentium provides High-Speed Extrusion (HSE) 3D printers and a wide range of engineering-grade materials designed for industrial-scale additive manufacturing.
- CEO / Founder
- Blake Teipel
- Team Size
- 51-200
- Stage
- Acquired
- Total Funding
- $93.2M
- Latest Round
- Acquired
- Key Investors
- BASF Venture Capital, Materialise, Genesis Park
Technology & Products
Key Products
["HSE 280i HT 3D Printer","HSE 180 Series 3D Printer","Essentium Materials (e.g., PEKK, PEEK, high-temperature nylons, ESD-safe polymers)"]
Technological Advantage
The combination of high-speed printing, a broad portfolio of high-performance materials, and an open ecosystem approach provides a versatile and scalable solution for industrial applications. The acquisition by Nexa3D integrates Essentium's technology into a broader additive manufacturing portfolio, expanding its market reach.
Differentiation
Value Proposition
To enable large-scale additive manufacturing of functional parts with high speed and strength, bridging the gap between 3D printing and traditional manufacturing.
How They Differentiate
Essentium differentiates through the speed of its HSE technology, the strength of its parts (especially in the z-axis), and its open-material ecosystem, which allows customers to use third-party filaments.
Market & Competition
Target Customers
Industrial manufacturers in aerospace, automotive, defense, and consumer goods sectors.
Industry Verticals
["Aerospace/Defense","Automotive","Industrial","Consumer Goods"]
Competitors
Stratasys; 3D Systems; Markforged
Growth & Milestones
Major Milestones
["2018: Company founded","2019: Series A funding of $22.2M","2021: Announced plans for a SPAC merger (later terminated)","2024: Acquired by Nexa3D"]
Notable Customers
U.S. Air Force; U.S. Navy; General Atomics