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AM Craft raises 600k euro pre-seed round

Paradigm 3D selected as first network manufacturing partner location in Dubai

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AM Craft closed a €600,000 pre-seed funding round led by Change Ventures, with the participation of BadIdeas.Fund. AM Craft is an EASA authorized Part 21G aviation supplier that leverages expertise in polymer additive manufacturing, design, airworthiness certification, and a distributed production network to provide end-to-end service to aviation customers. The distributed production network originated with AM Craft’s headquarters in Riga and now also includes Paradigm 3D as a manufacturing hub in Dubai.

As Didzis Dejus, AM Craft CEO stated, “The vision is to enable low-cost, rapid sourcing of a large library of parts, delivered sustainably by local certified manufacturing hubs around the world, thereby massively increasing the use of additive manufacturing in spare part sourcing and eventually also OEM manufacturing. In addition, the wider adoption of 3D printing should enable airlines to accelerate sustainability goals that the industry is pursuing.”

AM Craft raises 600k Euro pre-seed round as Paradigm 3D is selected as first network manufacturing partner location in Dubai
In the latest project, AM Craft 3D printed the PSU in-fill panel installation within the aircraft cabin interior for Finnair.

The founders Didzis Dejus and Janis Jatnieks are 3D printing veterans, having co-founded and built a reseller operation for Stratasys, the leading industrial 3D printer manufacturer. Before that, they spent several years digging into why 3D printed parts have not been adopted more widely by airlines and aircraft maintainers. The problem is a structural one.  Airlines and maintainers do not typically manufacture or certify parts, and legacy 3D printing companies have focused on delivering printing equipment to manufacturers.  This has left the airline and aircraft maintenance market with a strong fit for 3D printing, but no means to adopt the technology within their existing supply chain and business model.

AM Craft solves both these challenges by delivering a network partner manufacturing model, where they can deliver airworthiness-certified parts locally under AM Craft’s EASA Part 21G authorization, plus a growing library of pre-certified parts that many airlines can source for common components used across different aircraft and cabin models.

The company already operates one of Europe’s largest 3D printing hubs at its European headquarters in Riga, Latvia, and on September 21st, 2023 opened its first network partner manufacturing hub in Dubai. Co-founder and Chief Commercial Officer of AM Craft, Janis Jatneiks explained that, “Together with our manufacturing partner, Paradigm 3D, we will be able to produce certified parts exactly where they are needed by our customers. AM Craft has enabled Paradigm 3D to become the first facility in the Middle East capable of producing 3D-printed parts that adhere to stringent aerospace-specific regulations and can be delivered with an EASA Part 21G airworthiness certificate. As the next step, we aim to qualify locations in central Europe, South–East Asia and eventually also the USA.”

“The AM Craft team has secured a very hard-to-get certification, EASA Part 21G, to enable them to deliver certified, flight-worthy parts for airlines, MROs and manufacturers. After evaluating an investment over some time, it became clear that they understand the industry very well and have a vision for how to adapt it to a new world where additive manufacturing can provide fast, flexible and cost-effective delivery of parts worldwide. Dubai is just the first step in the journey to build a global network,” said Andris K. Berzins, partner at Change Ventures, the venture capital fund backing ambitious founders from the Baltic States.

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Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based VoxelMatters. Today the company publishes the leading news and insights websites and, as well as VoxelMatters Directory, the largest global directory of companies in the additive manufacturing industry.

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