Mastrex
An industrial-grade metal 3D printing ecosystem that provides affordable Laser Powder Bed Fusion (LPBF) technology to the mass market.
- CEO / Founder
- Siddharth Venkatesh
- Team Size
- 11-50
- Stage
- Active
- Total Funding
- $0.0M
- Latest Round
- Seed
- Key Investors
- Vulcan, Burgmaster
Technology & Products
Key Products
MX Series metal 3D printers, including the MX100, MX120, and MX220, utilizing Laser Powder Bed Fusion (LPBF) technology.
Technological Advantage
Leverages a strategic merger between Vulcan (advanced manufacturing innovation) and Burgmaster (precision machine tool expertise), combined with leadership experience from Tesla and Desktop Metal to optimize hardware costs without sacrificing reliability.
Differentiation
Value Proposition
Democratizes metal additive manufacturing by delivering professional-grade LPBF performance at a disruptive sub-$40,000 price point, previously reserved for systems costing $100,000+.
How They Differentiate
Mastrex differentiates by offering Laser Powder Bed Fusion (LPBF) technology—typically costing over $100,000—at a sub-$40,000 price point. Unlike competitors like Markforged or Desktop Metal's Studio System which use extrusion-based methods requiring complex debinding and sintering, Mastrex provides direct-to-metal industrial precision at an entry-level cost.
Market & Competition
Target Customers
Small and medium-sized enterprises (SMEs), industrial machine shops, research laboratories, and educational institutions.
Industry Verticals
["Aerospace & Defense","Automotive","Medical & Dental","Tooling & Mold Making","Education & Research"]
Competitors
Markforged, Desktop Metal
Growth & Milestones
Growth Metrics
Transitioned from stealth to public debut in January 2025; currently in early commercialization phase.
Major Milestones
["Strategic merger of Vulcan and Burgmaster to form Mastrex in 2024","Public debut and unveiling of the M100 printer at CES 2025","Successful development of a sub-$40k LPBF system architecture"]
Notable Customers
NeoMetrix, Ugogo3D (distribution partners)