The UK’s 3D LifePrints has introduced a profitable funding spherical. Led by Fenwall Investments the £1.2 million in finance will hasten the award-winning medical 3D printing enterprises’ presence within the native and worldwide market.
This newest spherical follows earlier investments made in 2017 and 2018.
3D LifePrints is predicated upon a mannequin that leverages additive manufacturing for healthcare options. 3D printed medical units, embedded bio-medical engineers and providers to the NHS, universities, personal healthcare services and analysis establishments are among the many services accessible.
Medical units produced embrace anatomical fashions, surgical reducing guides and titanium implants for Cranio-maxillofacial surgical procedure.
3D LifePrints supplies these providers from embedded 3D printing services or hubs at hospitals. At present, medical 3D printing hubs are at Alder Hey Youngsters’s Hospital in Liverpool, Nuffield Orthopaedic Centre in Oxford and Wrightington Hospital in Manchester. By establishing a hub, the corporate is ready to scale back operational prices and enhance affected person care.
With the newly introduced funding, 3D LifePrints plans to carry the hub mannequin to extra cities within the UK, particularly London, Birmingham, Manchester, and Leeds. Growth within the USA and mainland Europe can also be on the horizon.
Paul Fotheringham, Founder and CTO for 3D LifePrints stated “We’re extraordinarily happy to announce the completion of this funding spherical with funding from Fenwall Investments and various particular person traders, and can proceed to develop our distinctive enterprise mannequin of offering embedded 3D medical printing providers in an effort to drive down operational prices, present progressive 3D technology-based services, and finally enhance affected person care”
Henry Pinchbeck, Co-Founder, and CEO for 3D LifePrints stated “I’m delighted that Fenwall are re-investing in us. They’re an ideal long-term accomplice for 3D LifePrints, with a shared set of values and a imaginative and prescient for bettering healthcare throughout the globe”
Dr. Andrew Douglas, Managing Director of Fenwall Investments Ltd stated “We’re delighted to be on board with this proficient workforce working in an rising and fast-developing market. We really feel the timing is ideal to permit 3D LifePrints to capitalise on its potential. I’m wanting ahead to an thrilling and worthwhile partnership.”
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A 3D printed tumour mannequin. Photograph through 3D LifePrints.
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