About Formatec
Formatec is a company based in Goirle (Netherlands) founded in 2020 was acquired by Nano Dimension in July 2022.. Formatec offers products and services including Ceramic Injection Moulding, Metal Injection Moulding, and Additive Manufacturing. Formatec operates in a competitive market with competitors including Xometry, Hubs, TriMech, Immensa and Ethereal Machines, among others.
- Headquarter Goirle, Netherlands
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Formatec Bv
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$276.11 K (USD), Grant
Jan 01, 2018
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Investors
Nano Dimension
& 1 more
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Employee Count
Employee Count
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Acquired by
Nano Dimension
(Jul 08, 2022)
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Products & Services of Formatec
Formatec offers a comprehensive portfolio of products and services, including Ceramic Injection Moulding, Metal Injection Moulding, and Additive Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Process for producing high-precision ceramic parts using injection techniques.
Method for creating complex metal components through powder metallurgy.
Technique for building custom parts layer by layer with advanced materials.
Funding Insights of Formatec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $276,111
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First Round
First Round
(01 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Grant - Formatec | Valuation |
investors |
| 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 |
investors |
Investors in Formatec
Formatec has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Nano Dimension and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Cloud-based precision additive manufacturing systems and nano inks for electronics
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Founded Year | Domain | Location |
| Investor | Description | 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 Formatec
| 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 |
Financial Statements - Formatec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Formatec Comparisons
Competitors of Formatec
Formatec 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 Xometry, Hubs, TriMech, Immensa and Ethereal Machines, 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 |
Platform for on-demand distributed manufacturing and prototyping is provided.
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| domain | founded_year | HQ Location |
Tech-enabled on-demand 3D printing and manufacturing services are provided.
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| domain | founded_year | HQ Location |
On-demand 3D printing and manufacturing solutions are provided online.
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| domain | founded_year | HQ Location |
Cloud-based on-demand manufacturing solutions are developed for additive services.
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| domain | founded_year | HQ Location |
On-demand manufacturing services for industrial machines are offered.
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| domain | founded_year | HQ Location |
Provider of industrial metal additive manufacturing system
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Formatec
Frequently Asked Questions about Formatec
When was Formatec founded?
Formatec was founded in 2020.
Where is Formatec located?
Formatec is headquartered in Goirle, Netherlands. It is registered at Goirle, Noord-brabant, Netherlands.
What does Formatec do?
Formatec was founded in 2020 and is based in Goirle, Netherlands. Additive manufacturing, ceramic injection molding, and metal injection molding are utilized to produce parts. Services are extended to the dental, medical, automotive, watches and jewelry, chemicals, and electronics sectors. Operations focus on delivering components through these specialized processes for industrial applications.
Who are the top competitors of Formatec?
Formatec's top competitors include Xometry, VulcanForms and Fictiv.
What products or services does Formatec offer?
Formatec offers Ceramic Injection Moulding, Metal Injection Moulding, and Additive Manufacturing.
Who are Formatec's investors?
Formatec has 2 investors. Key investors include Nano Dimension, and European Union.
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