3DM, which operates in the field of plastic polymers industrial 3D printing, has successfully completed an IPO in Tel Aviv Stock Exchange and begun trading under the symbol DM3, the company announced this week.
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Based in Rosh HaAyin, 3DM has raised $13 million in a pre-IPO & IPO rounds from several institutional entities which include Mor, Psagot, Phoenix, Meitav and Sphera.
The company's core technology is its self-developed semiconductor laser component for 3D printing. The company uses these components for optimal melting of all thermoplastic material families. Its small size (several millimeters), high power, low manufacturing cost has allowed the company to design a new printhead which combines many dozens of laser components into a matrix of laser beams that accelerate printing speed. The company has a registered patent for the use of its laser technology in plastic polymer 3D printing.
