INDUSTRY NEWS

Luxexcel Group receives investment for optics additive manufacturing capacity

17 January 2014



Luxexcel Group has announced that the European investors Munich Venture Partners, ChrysalixSET and Filsa Capital, will invest several million Euros into the company to enhance its capacity in additive manufacturing of lenses and optical components.

Luxexcel's Printoptical 3D printing process is a digital technology able to print functional optics. As this one step CAD-to-optic process allows for printing optically smooth structures and surfaces, the printed product does not require post processing. With this technology, companies are able to design prototypes and receive manufactured optical products back in a matter of days, whether it’s one prototype, 100 samples or 10,000 pieces of an end-product. This is set to advance product development significantly.

The company's 3D printing process received recognition as winner of both the Deloitte Fast-50 2013 Most-Disruptive-Technology Award and the Belgium/Dutch Accenture Innovation Award 2013.

‘This cash injection secures our growth and corporate development, increasing the capabilities that we offer to optical designers and LED lighting manufacturers,’ said Richard van de Vrie, founder and chairman of Luxexcel. ‘Our new partner Munich Ventures Partner is one of Germany’s largest clean-tech investors with a very valuable network that will help us opening new doors. I am pleased that Filsa Capital is investing in the company and making its management experience available. The additional capital injection of Chrysalix SET enables us to execute our business plan properly.’

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