About Essentium
Essentium is a company based in Pflugerville (United States) founded in 2013 by Lars Uffhausen, Blake Teipel, Brandon Sweeney, and Elisa Teipel was acquired by Nexa3D in January 2024.. Essentium has raised $46.48 million across 2 funding rounds from investors including BASF, Nexa3D and Materialise. The company has 179 employees as of December 31, 2021. Essentium has completed 1 acquisition, including TriFusion. Essentium operates in a competitive market with competitors including 9T Labs, Stratasys, Photocentric, BigRep and Quantica, among others.
- Headquarter Pflugerville, United States
- Employees 179 as on 31 Dec, 2021
- Founders Lars Uffhausen, Blake Teipel, Brandon Sweeney, Elisa Teipel
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Essentium
Essentium has successfully raised a total of $46.48M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22.2 million completed in January 2019. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $22.2M
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First Round
First Round
(14 Nov 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Series A - Essentium | Valuation | BASF | |
| Nov, 2018 | Amount | Series A - Essentium | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Essentium
Essentium has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BASF, Nexa3D and Materialise. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Chemicals and related products are produced and marketed globally.
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3D printing software is developed for design and manufacturing needs.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Essentium
Essentium has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TriFusion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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3D Printed Prosthetics
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Essentium
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Essentium Comparisons
Competitors of Essentium
Essentium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 9T Labs, Stratasys, Photocentric, BigRep and Quantica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of diversified 3D printing equipment
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3D printing equipment and materials are manufactured by Stratasys.
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Manufacturer of multiple 3D printing accessories
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| domain | founded_year | HQ Location |
Diversified 3D printing equipment is provided for industrial applications.
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| domain | founded_year | HQ Location |
Open 3D printers and materials
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Essentium
Frequently Asked Questions about Essentium
When was Essentium founded?
Essentium was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Essentium located?
Essentium is headquartered in Pflugerville, United States. It is registered at Pflugerville, Texas, United States.
Who is the current CEO of Essentium?
Blake Teipel is the current CEO of Essentium. They have also founded this company.
Is Essentium a funded company?
Essentium is a funded company, having raised a total of $46.48M across 2 funding rounds to date. The company's 1st funding round was a Series A of $24.28M, raised on Nov 14, 2018.
How many employees does Essentium have?
As of Dec 31, 2021, the latest employee count at Essentium is 179.
What does Essentium do?
Essentium was founded in 2013 and is based in Pflugerville, United States. Operations focus on the development and production of 3D printing technology within the manufacturing sector. High-speed extrusion-based printers featuring dual extruders are created, alongside industrial filaments made from materials such as carbon fibers, co-polyamides, copolyesters, nylon, and urethane. These products support advanced additive manufacturing applications.
Who are the top competitors of Essentium?
Essentium's top competitors include Stratasys, BigRep and Photocentric.
How many acquisitions has Essentium made?
Essentium has made 1 acquisition, including TriFusion.
Who are Essentium's investors?
Essentium has 4 investors. Key investors include BASF, Nexa3D, Materialise, and Genesis Park.
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