Additive Assurance

Melbourne, Australia Founded: 2019 • Age: 7 yrs
Provider of AI and cloud-based bed levelling systems for 3D printers

About Additive Assurance

Additive Assurance is a Technology company based in Melbourne (Australia) founded in 2019. Provider of AI and cloud-based bed levelling systems for 3D printers. Additive Assurance has raised $5.7 million across 2 funding rounds from investors including Hostplus, IP Group and Monash Investors. Its focus areas include High Tech, 3D Printing, Software and Manufacturing Execution System.

Company details

Additive Assurance was founded in 2019 in Melbourne, Australia, within the additive manufacturing sector. Optical sensors for laser-powered bed fusion in metal 3D printing systems are supplied, alongside cloud-based software that enables remote access and management. Multiple sensors are monitored simultaneously, with laser-overlapped areas tracked for process oversight. Machine learning tools are integrated to support quality assurance and monitoring in 3D printing operations.

  • Headquarters Melbourne, Australia
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website additiveassurance.com
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $5.7M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.1M (USD), Series A

    Dec 2022

  • Investors
    Hostplus

    & 3 more

Funding Insights of Additive Assurance

Additive Assurance has successfully raised a total of $5.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.7M
  • Total Rounds 2
  • Last Round Series A β€” $4.1M
  • First Round $1.6M

    (Jul 2020)

  • Investors Count 4

All 2 funding rounds of Additive Assurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$4.1MSeries A–Significant
Jul 2020$1.6MSeed–IP Group
–
Valuation history

4 investors in total: 4 institutional.

Investors in Additive Assurance

Additive Assurance has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Hostplus, IP Group and Monash Investors.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital and advisory services are offered across multiple sectors.
2001ipgroupplc.comLondon, United Kingdom
Significant Ventures is focused on investing in critical technology innovation.
2000significantevc.com.auCampbell, Australia
Pension funds are managed for Australian superannuation members.
1988hostplus.com.auMelbourne, Australia
Long/short equity positions are managed in hedge fund operations.
2012monashinvestors.comSydney, Australia
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Investor details for Additive Assurance

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Additive Assurance

6 people are tracked at Additive Assurance (5 in leadership, 1 in team).

NameRoleGroup
Marten Jurg
Co-founder & CEOLeadership
Jordan Thurgood
DirectorLeadership
Mike Molinari
DirectorLeadership
Jürgen Schneider
DirectorLeadership
David Menzies
Chief Commercial OfficerLeadership
Christopher Hall
Software And Electronics EngineerTeam
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Complete people profiles for Additive Assurance

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Additive Assurance

3 dated milestones of Additive Assurance across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Additive Assurance is founded.
  2. Funding First funding round of $1.6M.
  3. Funding Latest funding round, Series A, of $4.1M.

Web traffic of Additive Assurance

The website of Additive Assurance (additiveassurance.com) receives about 2K visits a month.

  • Monthly visits
    2K
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Frequently Asked Questions about Additive Assurance

Additive Assurance was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Additive Assurance is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Additive Assurance is a funded company, having raised a total of $5.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Jul 2020.

Additive Assurance was founded in 2019 in Melbourne, Australia, within the additive manufacturing sector. Optical sensors for laser-powered bed fusion in metal 3D printing systems are supplied, alongside cloud-based software that enables remote access and management. Multiple sensors are monitored simultaneously, with laser-overlapped areas tracked for process oversight. Machine learning tools are integrated to support quality assurance and monitoring in 3D printing operations.

Additive Assurance has 4 investors. Key investors include Hostplus, IP Group, Monash Investors, and Significant Ventures.

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