Essentium
Subsidiary of Nexa3D
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
High-Speed Extrusion (HSE) 3D printers and a wide range of engineering-grade materials designed for industrial-scale additive manufacturing.
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
Decon Structural Engineering, IFO Group, S and B Infrastructure
Growth & Milestones
Growth Metrics
Headcount doubled year-on-year to 100+ associates as of March 26, 2021. Earlier employee counts were 30 total (11 in leadership) per Zippia data and 20 employees per RocketReach. The company raised one of the highest Series A funding rounds in additive manufacturing history.
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
Equipment deals on record
Publicly disclosed purchases or installs only.
- OPEN SOURCE HIGH HEAT SPEED FUSED DEPOSITION MODELING 3D PRINTER.Buyer: Department of the Air Force · Supplier: ESSENTIUM INC
- HSE 180 S HT R3Buyer: Department of the Army · Supplier: ESSENTIUM INC