The industrial cutting equipment maker has formed a unit called Hypertherm Ventures that will invest in advanced manufacturing and adjacent technologies.
US-based industrial equipment and software producer Hypertherm has launched a corporate venturing vehicle known as Hypertherm Ventures in order to connect with advanced manufacturing technology startups.
Hypertherm provides industrial cutting equipment for use in large-scale work such as shipbuilding or manufacturing as well as robotics and computer-aided manufacturing software. It has not thus far been active in venture capital investing.
The newly formed fund will back startups developing technology in areas such as industrial cutting, welding and thermal processing as…
