Rosotics | November 23, 2022
Rosotics, innovators in additive manufacturing, today announced $750,000 in pre-seed funding led by Draper Associates. The company's hyper-efficient, proprietary 3D printing process, Rapid Induction Printing™, requires significantly less energy and fewer material resources than current methods to produce a high-quality product, while also allowing for much larger prints than have ever been possible before. This round of funding also featured participation from Correlation Ventures, Vibe Capital, and Sequoia Capital, bringing significant aerospace heritage and deep-tech experience to the mission. Rosotics is currently working with the aerospace industry as it rolls out its technology.
"We hold the belief that the most natural and effective way to 3D print metal involves induction. Many metals conduct electricity and we can use that to our advantage, instead of adding incredibly inefficient and even dangerous hardware into the loop. Since our approach does away with the laser, we can even widen the nozzle and put down more material per hour."
-Christian LaRosa Founder and CEO, a former aerospace engineer.
Rosotics' proprietary printing system, called 'Mantis,' is designed to fold up like origami, allowing it to be easily packed and transported. Inspired by nature, Mantis gets its name from the insect world, with arms that unfold and stretch, allowing for larger 3D prints than ever before. When
fully deployed it can print items larger than any other 3D printer to date. In fact, Mantis (Generation 1) will be capable of printing from 1.5m (5') up to 8m (26') in diameter, and up to 9m (30') in height in aerospace-grade aluminum and steel. The system is purpose built for the materialization of large-scale 3D printing across a wide range of applications, including on-site manufacturing.
"Additive manufacturing has been with us in the mainstream for well over a decade and has revolutionized the manufacture of metallic complex parts like those found in rocket engines, The physical scale of such parts, however, has been limited to well under a meter and this new technology is needed to extend this revolutionary manufacturing technique to much larger structures. Rosotics is doing just that. Their new approach to additive manufacturing combines robotics and 3D-style printing into one unit that in essence has no scale limitations. This capability, in the long run, will revolutionize the manufacturing of metallic structures in ways that we cannot even imagine today. Rosotics is building the future of manufacturing right in my Arizona backyard and I am very proud to be advising them, and to use their capabilities in my aerospace and automotive enterprises."
-Jim Cantrell, Co-Founder of SpaceX, Phantom Space.
Rosotics is tackling the monumental task of revolutionizing metal additive manufacturing in a set of pristine hangars at Falcon Field Airport in Mesa, Arizona. The facility, which is fit for advanced rocket manufacturing, sits in the heart of a community of aerospace innovation, including giants like Boeing and Virgin Galactic, the latter having recently chosen to build its next-generation spacecraft SpaceShip III nearby.
The beautiful thing is that although we are starting in aerospace, our vision is that we will soon be able to create some part of everything. Mantis is just the beginning, and as our process becomes more dynamic there will be no size limit to what we can build and where we can build it.
And we're humbled to have earned the nickname 'baby SpaceX' from our peers in the area." says Austin Thurman, COO, who met LaRosa while they were both studying at Arizona State University.
Rosotics makes the largest metal 3D printers in the world and they will fundamentally change aerospace manufacturing forever. Their proprietary process, Rapid Induction Printing, allows customers of the company to easily iterate and produce novel vehicles for space and transportation, said Tim Draper, founding partner of Draper Associates. We at Draper Associates are thrilled to be part of their journey.
Rosotics uses a proprietary approach, Rapid Induction Printing™ to dramatically expand the scope and opportunities of additive manufacturing for heavy materials industries. The company's process and breakthrough platform for large-scale production dramatically reduces the energy and material requirements for large-scale 3D printing, bringing the concept of "no scale limitations.
Pelico | November 16, 2022
Pelico, the factory operations SaaS platform that empowers manufacturers to deal with rising levels of complexity and volatility in their operations, today announced that it has raised $18M led by 83North and Serena with participation from La Famiglia & ISAI as well as multiple business angels such as Adrien Nussenbaum (Mirakl), Carsten Thoma, Bastian Nominacher (Celonis)... This new fund will give the opportunity to Pelico to grow its team, significantly invest in its technology and expand its internal presence.
Supply chain and manufacturing have become more complex than ever, with volatile demand, fragmented supply chains and an increasing complexity in products. Because operational context changes faster than the teams’ ability to plan, those teams spend their time firefighting these unplanned disruptions. This puts at risk revenue as sales are delayed, and margins as last minute solutions are costly. Pelico acts as an operations management system for factory teams. It empowers factory teams to:
continuously anticipate bottlenecks such as part shortages,
act fast with AI-assisted recommendations and simulations,
quickly resolve issues with team collaboration over a common view of data.
Since its creation in 2019, multiple manufacturing leaders across France, Germany & Switzerland and in various industries (Aerospace & Defense, Luxury…) chose Pelico to tackle their operational challenges. For example, Pelico helped Collins Aerospace reduce logistical cycle times by 50% and Safran reduce parts shortages by 72% in 6 weeks.
The Pelico team is a mix of former operational leaders (Tesla, United Technologies, Mercedes…), experienced software engineers (Palantir, Criteo, Dassault…) and applied math researchers.
“The complexity of operations in discrete manufacturing is constantly increasing as we are switching from a model of mass production to a model based on personalized products, reduced volumes and shorter cycle times. This complexity is also reinforced by recurring supply chain shocks (brexit, covid, ukrainian war…). Our job is to absorb all this complexity in order to help operational teams continuously monitor risks in the production chain and facilitate the decision-making process across the factory” explains
-Tarik Benabdallah, CEO and Co-founder of Pelico.
To continue its growth and become the Operations Management System of the modern factory, Pelico will open 50 new positions in France and in the US within the next 18 months. The company which opened an office in the US in 2022 aims to strengthen its international presence to support its customers with a global footprint. This fundraising will also give the opportunity to Pelico to invest in its technology and product, enabling its intelligent assistant to tackle more use cases for factory teams.
“The Covid crisis has created new challenges and an explosion of last-minute unplanned issues in factory operations and production planning. Pelico has enabled us, thanks to digitalization tools, to optimize and make our industrial risk management processes more robust.”
-Pauline Casta, SIOP and Material Manager at Collins Aerospace.
In a ramp-up context with high volatility and complexity in operations, strengthening our operational excellence by leveraging the latest digital technologies is a key strategic priority.
Pelico empowers our teams with a data-rich system that continuously monitors operational bottlenecks, checks the robustness of our plannings and empowers to act fast.
Thanks to Pelico, we reduced by 72% our number of part shortages and improved our data quality while allowing our teams to focus on their real added value. Matthieu Gaulon, EVP Support & Services at Safran
The complexity of industrial operations has greatly increased in the pandemic and economic context of the last two years. To enable operational teams to manage their production in an optimal way, Pelico has developed a suite of analysis, collaboration and simulation tools that is unique on the market and can be deployed in only a few weeks. Two years after meeting founders Tarik, Mamoun, and Jonathan at the inception of Pelico, we are very excited to partner with them in this important expansion phase. Xavier Lorphelin, Managing Partner at Serena
Pelico is a startup based in Paris created late 2019 by engineers coming from both the manufacturing and tech worlds. Pelico’s operations management system connects factory teams to manage daily volatility and deliver products on time, at cost. It empowers factory teams to continuously anticipate bottlenecks, act fast with AI-assisted recommendations, and collaborate across teams on the implementation of corrective actions.
83North is a global venture capital firm with over $2.2B under management. The fund invests across all stages, in exceptional entrepreneurs, whose focus is to build global category leading companies.
83North has backed more than 85 companies including AeroScout (acquired by Stanley Black & Decker), Celonis, Hybris (acquired by SAP), iZettle (acquired by PayPal), Just Eat (LSE:JE), Marqeta (NASDAQ: MQ), Mirakl, Payoneer (NASDAQ: PAYO), ScaleIO (acquired by EMC), Vast, Vdoo (acquired by JFROG), Via, Wandera (acquired by Jamf) and Wolt (acquired by DoorDash).
About Serena Capital:
Serena invests in bold ventures and provides them with an unrivaled level of expertise and operational resources in Paris and New York.
Serena’s portfolio can leverage an experienced team of Operating Partners and a very active C-Level community, the Serena Squad, open exclusively to present and past companies, each contributing to the other's success.
Founded in 2008 by entrepreneurs for entrepreneurs, Serena’s core belief is that VCs should work for their organizations, not the other way around.
About La Famiglia:
La Famiglia is a European seed and growth stage venture capital fund investing in technology companies that enable or disrupt large industries. We are backed by a selection of world-leading entrepreneurs from various industries that provide precious early market access, impactful partnerships and deep expertise for our portfolio companies. More than a regular venture fund, La Famiglia serves as a trusted access platform creating unique relationships between the old and the new world, enabling real differentiated leverage on capital.
Nearly 300 successful entrepreneurs, who have invested in ISAI funds, and more than 50 ISAI-backed start-up co-founders share the collective ambition of co-writing great entrepreneurial stories. ISAI invests in differentiated projects run by ambitious teams that it selects rigorously and actively supports. ISAI Gestion, an investment management company approved by the AMF, with over €500 million under management, aims to finance and support high potential Tech companies, at the seed/post-seed stage (venture capital, ticket from € 150k ticket to € 3m with participations in successive rounds) or when they have already reached the break-even stage (Tech Growth/LBO, tickets from €5m to €50m).
Skillnote | November 11, 2022
Skillnote Corporation has released Skillnote Insight, a new function of the Skillnote skill management system.
Skillnote Insight is a function for analyzing skill information, qualification information and training information on employees centrally managed using Skillnote along a variety of axes such as division, age group and timeline. This enables analysis and understanding of information such as the status of skills held and the status of education for the entire organization from a macro perspective, and supports strategy formulation and decision making not only in front-line divisions, but also head office HR divisions and top management.
Skillnote Insight is a new function integrated with the existing functions of Skillnote, significantly enhancing their value.
Background of development
The environment surrounding manufacturing is currently undergoing significant change. Under these conditions, there is pressure for transformation of the skills needed from employees and the methods used for human resource development. Skillnote perceives employee skills that are the source of strength for enhancing the competitiveness of manufacturing companies to be useful data, and believes it is important to actively utilize this in business strategy and management strategy beyond conventional management in front-line divisions.
Skillnote Insight was developed to contribute to not only front-line divisions but also companywide strategy formulation and decision making by increasing the utility of data collected through skill management in manufacturing sites and analyzing it from a more macro perspective.
Key Features of Skillnote Insight
Multiple analysis templates reflecting Skillnote's insight and know-how are available
Reduction of hassle and time needed for file integration and data collection
Analysis results can be output to formats such as PDF and Excel to share and use in reports
User permissions can be set
About the Skillnote skill management system:
Skillnote is a skill management system enabling the centralized management and operation of skill matrices that have previously been managed on manufacturing sites using paper or spreadsheets. It enables planned human resource development and human resource assignment using competence information on employees on manufacturing sites. Organically linking the training information and qualification information along the access of employees' skill information enables the drafting and progress management of development plans optimized for individuals.
About Skillnote Corporation:
Skillnote Corporation (head office: Chuo-ku, Tokyo; CEO: Takafumi Yamakawa) was founded in 2016 and is a global company providing the Skillnote skill and training management system focused on manufacturing sites. With the vision of "Realize a world where all workers can grow and have a fulfilling career" the company is aiming for the realization of a society where everyone involved in manufacturing works energetically by scientifically analyzing the growth of people working in manufacturing.
Mott Corporation | December 15, 2022
Mott and Conflux, two leading advanced manufacturing companies in the United States and Australia, respectively, announced a partnership today that they will bring Conflux's 3D printed thermal solutions to North American markets. Conflux's additively manufactured heat exchangers improve thermal management of critical components across a multitude of industries, including for advanced aircrafts, by utilizing the design freedom made possible by 3D printing.
Conflux Technology has world-renowned expertise in its specialized field of additively manufactured thermal management solutions. Mott Corporation brings over 60 years of experience delivering high-precision technical solutions to a vast customer base of leading companies in the Aerospace & Defense, Semiconductor, Energy and Healthcare industries.
Through additive manufacturing, Mott has pioneered producing porous metal components with integrated hardware – a game changing capability that improves performance in a fraction of the design envelope.
"Working with Conflux expands our ability to solve our customers' toughest thermal challenges in one integrated solution."
-Sean Kane, Vice President of Business Development & Strategy at Mott.
With complementary technologies plus a mutual commitment to excellence, we're excited to cooperate with Mott on delivering our industry leading thermal management solutions to customers across North America said Dan Woodford, Chief Product Officer at Conflux Technology.
About Conflux Technology:
Conflux Technology is a world-leading additive manufacturing (AM) company pioneering thermal and fluid applications through expert engineering and production. Conflux began in the world of F1 engineering, where founder & CEO Michael Fuller, transformed heat exchanger designs and performance outcomes. Today, Conflux is a well-established, senior-by-design team leading the advancement of AM applications. Its revolutionary heat exchange technology has transformed product and system performance across Aerospace, Automotive, Motorsports, Micro-electronics, Industrial and Energy industries.
About Mott Corporation:
Mott is a technology-driven, precision filtration company trusted by the world's best technical and performance brands across four core markets: Medicine, Computing Power, Clean Energy, and Space Exploration. Mott's products can be found in everything from lifesaving medical devices to artificial intelligence to the Mars Rover. Established in 1959 and headquartered in Farmington, Connecticut, the company is 100% employee owned.