# 3DEO NI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/3deo-ni

- Industry: Software
- Headquarters: Belfast, UK
- Website: www.3deo.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Aug 31, 2021)
- Investors on record: 2

## About

3DEO NI Ltd., based in Belfast, UK, specializes in advanced 3D printing technology, focusing on producing intricate geometries through proprietary additive manufacturing processes for various industries.Founded in 2015 in Belfast, UK, 3DEO NI Ltd. provides advanced 3D printing solutions. The company was formed independently and has not undergone any significant pivots in its business strategy. Its CEO, Andrew Macpherson, has experience leading innovative companies. In August 2021, 3DEO NI Ltd. completed a Seed funding round of GBP 1.40 million led by North-East Venture, with participation from the European Regional Development Fund, bringing the total amount raised to GBP 1.40 million and achieving a current company valuation of GBP 4.217 million.3Déo specializes in advanced 3D printing technology, particularly focusing on the production of complex geometries through their proprietary additive manufacturing processes. Their core offerings include high-resolution 3D printed components, tailored for industries such as aerospace, automotive, and healthcare. These products address challenges in traditional manufacturing, enabling the creation of lightweight, intricate parts. Targeting businesses in North America and Europe, 3Déo supports engineers and product designers seeking rapid prototyping and production capabilities.3Déo's revenue model is predominantly based on B2B transactions through partnerships with manufacturers and contracts with industrial clients for customized 3D printing solutions. The company employs project-based pricing reflecting the complexity and volume of client requirements, ensuring tailored solutions that cater to specific manufacturing needs. Their flagship products serve high-demand sectors, facilitating long-term contracts and repeat business.In August 2021, 3DEO NI Ltd. raised GBP 1.40 million in Seed funding led by North-East Venture, with participation from the European Regional Development Fund. The funding will be utilized to further develop their product offerings, engage in new client projects, and create 20 new jobs. The company plans to expand its market reach, targeting new geographic regions in North America and Europe by the end of 2023.

## Funding rounds

- Seed, Aug 31, 2021, $1.9M — European Regional Development Fund, North-East Venture

## Investors

- European Regional Development Fund — Seed
- North-East Venture (https://capitalatlas.ai/funds/north-east-venture) — Seed
