AMFG Seeks to Drive Autonomous Manufacturing With New FundingDecember 12, 2022
AMFG Corp., a provider of manufacturing execution system (MES) and workflow-automation software for additive manufacturing (AM), has secured $8.5 million in funding led by Intel Capital to further drive AMFG toward solutions for fully autonomous manufacturing. As part of this recent fundraise, Intel Capital investor Jennifer Ard is joining AMFG’s board of directors. With this new funding, AMFG will continue to help companies scale their AM processes, report company officials.
“AM is at an inflection point, shifting from rapid prototyping to large-scale part production and penetrating nearly every major manufacturing-centric industry including automotive, industrial and consumer goods, healthcare, and aerospace and defense,” says Ard, managing director and head of investment operations at Intel Capital. “AMFG has become the go-to solution to help companies unlock the full potential of AM to keep up with increasing demand. We’re excited to be part of Keyvan Karimi (AMFG founder and CEO) and his team’s journey.”
As an example of AM operations employing such technology, HP Inc. is partnering with AMFG to improve workflow in its 3D printing business.
“Efficient connectivity and easy access to systems data is key to accelerating the journey toward digital AM production,” says Ryan Palmer, global head of software, data and automation for HP. “We’re excited to partner with AMFG to help our customers bring more control, automation and visibility into their AM operations.”
Technology News and Developments Aplenty at AMUG & Rapid + T...
Brad Kuvin, Lou Kren August 24, 2022