Musashi Seimitsu Industry has led a round that will support development of a proof-of-concept for KeraCel's 3D printing technology.

US-based additive manufacturer KeraCel closed a $14m series A round yesterday led by automotive components producer Musashi Seimitsu Industry and backed by unnamed new and existing investors.

KeraCel has created a 3D printing system designed for high-volume manufacturing. The funding will support the growth of its engineering and product teams and completion of a proof-of-concept additive manufacturing platform.

The company had secured $2.3m in seed funding from undisclosed investors in January 2020 and its existing backers include Candou Ventures.

Hiroshi…

James Mawson

James Mawson is founder and chief executive of Global Venturing.