US$15 million funding for Sintavia

Sintavia, LLC, independent metal additive manufacturing (AM) specialist, has closed a US$15 million round of equity financing from its primary investor, Neff Capital Management LLC. The follow-on investment is in addition to an original US$10 million of equity financing by Neff Capital which was announced in July 2015. It is expected that the new investment will be used for additional manufacturing capacity and facility expansion in 2017 and 2018.

‘Over the past two years, Sintavia has grown into a leader in the provision of critical metal AM components,” said Brian R Neff, managing partner of Neff Capital Management.

This story uses material from Sintavia, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.