SEATTLE, June 30, 2020 /PRNewswire/ -- Dyndrite™, providers of the core 3D geometry kernel used to create next generation additive hardware and software, today hosted its inaugural Digital Manufacturing Investor Day (DMID2020) event. This first-of-a-kind event for the digital manufacturing industry enabled 12 of the hottest startups from North America, Europe and Israel to pitch to more than 60 investment firms from Silicon Valley and around the world on June 30 2020. With hundreds of attendees gathered, including experts from top manufacturers within the aerospace, automotive, medical, and consumer goods markets, the Dyndrite Investor Day has highlighted the burgeoning interest in additive manufacturing and advancements in the digital manufacturing market.
"This is a truly inspired event by Dyndrite," said James Taylor, venture partner at HP Tech Ventures, "The digital manufacturing market is advancing at a rapid pace. The lack of shows and in-person events has disrupted the ways we learn about and get to know entrepreneurs in this space. We thank Dyndrite for their initiative, and are excited to be a part of this event."
The Dyndrite Digital Manufacturing Investor Day was designed to introduce innovative emerging companies with the leading venture capitalists and corporate investors from around the world. Attending investors include: BMW i Ventures, Converge VC, Cota Capital, DSM Venturing, Gradient Ventures, HP Tech Ventures, Industrifonden, ROI3 Ventures, Tensility Venture Partners, The House Fund, Tyche Partners, Vellum Investment Partners, LLC and other 70 others.
DMID 2020 Presenting Companies Choosing from applications submitted from around the world, the following 12 companies were selected to deliver virtual pitches during the event. The companies are:
"We quickly saw this year that the lack of in-person events and shows could negatively affect those companies in the midst of raising their funding rounds – it had to be addressed," said Harshil Goel, CEO and founder, Dyndrite. "It is our mission at Dyndrite to elevate the entire digital manufacturing industry. Now, more than ever, we have to strengthen the companies bringing these new innovations to the market. With the unexpectedly high participation rate for DMID2020, it is clear we are addressing a critical need."
The event featured 3-5 minute lightning pitches from each participating company, along with live question and answer sessions with company founders and executives. A private Slack channel facilitated company, attendee and investor networking.
Event Panel: Evolving Digital Manufacturing - What's Next For The Industry? Harshil Goel, Dyndrite CEO, moderated the event's panel featuring special guest, Hap Klopp, founder The NorthFace and a cross section of executives from the industry including: Greg Smithies - Partner, BMW i Ventures, Blake Teipel - CEO, Essentium, James Taylor - Partner, HP Tech Ventures, and Travis Busbee - CTO, Voxel8.
About Dyndrite: Dyndrite provides the core 3D geometry kernel that delivers unprecedented performance, portability, scalability, and repeatability for additive manufacturing OEMs and ISVs building next generation solutions. Dyndrite's mission is to enable production-grade additive manufacturing by helping partners incorporate GPU-native processing, Python scripting tools and seamless CAD-to-print applications. Dyndrite is partnered with additive industry leaders through its Developer Council to enable advanced solutions for their customers. Investors include Google's AI-focused Investment Fund and former Autodesk CEO Carl Bass. The company, which was founded in 2015, is headquartered in Seattle, WA. For more information visit: www.dyndrite.com