3D Printing Startup Shapeways Raises $5.1 Million, Plans NYC Production Facility

Of all the cool things going on in technology, one of my favorites is 3D printing. It's got such a futuristic quality to it: input a digital schematic, and you get a physical product custom cut to your exact specifications. You can print bike parts if you want to. How amazing is that? Sorry, still wrapping my head around it. In any case, I'm not the only one who's excited: Shapeways ??a company looking to bring 3D printing to the masses ??just raised an additional $5.1 million from existing investors Union Square Ventures and Index Ventures, and it's also gotten a loan commitment of $1.2 million from NYC Investment Fund. The company previously raised $5 million last fall. And there's also some great news for Shapeways customers: the firm is planning to launch printing facilities in New York City in 2012. Historically goods ordered (and then printed) through Shapeways have been manufactured either through contracted third-parties, or through the company's own facility in Eindhoven, Netherlands.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/JCWI_LxPUzU/

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