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Construction-scale 3D printing company raises $11 million in funding

3d printing

A 3D-printed composite structure made by Branch Technology. Images: Branch Technology

Branch Technology—developer of a composite 3D printing process used to make structures for buildings—recently announced the closing of an $11 million funding round led by EquipmentShare, along with oversubscribed support from Brick & Mortar Ventures, Chattanooga Renaissance Fund, and other earlier investors.

Including the Series A round of funding completed in 2018, six-year-old Branch has raised more than $22 million, allowing it to build a fleet of construction-scale 3D printers within its 40,000-sq.-ft. digital manufacturing facility. The new investment will let the company continue to grow its team of industry experts focused on building science, software development, and engineering, as well as expand the capabilities and scale of its robotic production fleet.

Branch’s patented Cellular Fabrication 3D printing process combines industrial robots, sophisticated geometric algorithms, and a novel freeform printing technique that allows material to solidify in free space. This technology is used at construction-scale to produce 3D-printed building cladding, optimized composite products, and for off-world construction.

robotics

Branch Tech operates a fleet of construction-scale 3D printers at its factory in Tennessee.