# CreoPop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/creopop

- Industry: Electronics
- Headquarters: Singapore, Singapore
- Website: www.creopop.com
- Total disclosed funding: $2.3M
- Latest round: Seed (Jun 2, 2015)
- Investors on record: 5

## About

CreoPop operates as an innovative manufacturer of 3D printing technology, specializing in cool ink pens that allow users to easily create three-dimensional objects with precision and creativity.Founded in 2013 in Singapore, CreoPop is known for its unique 3D pen that utilizes photopolymers for drawing, which harden under UV light. The company has completed five deals, with the latest funding round being a Seed round where it raised USD 2.00 mn on September 29, 2016. Investors include Kumpulan Modal Perdana, National Research Foundation, Ruvento Ventures, and Wavemaker Partners. The founder's detailed history is not provided.CreoPop is distinguished as the world's first 3D pen utilizing cool ink technology, allowing users to create three-dimensional objects with ease and precision. The core offering is the CreoPop 3D pen, which employs a unique, non-heating mechanism to draw with photopolymers that harden upon exposure to UV light. This innovative approach addresses various end-use cases, such as educational tools in schools, creative projects for artists, and industrial applications for prototyping. The target client base includes educators, hobbyists, and professionals across various industries who seek accessible and safe 3D printing solutions. The company markets its products in several geographical regions, with notable penetration in North America, Europe, and parts of Asia, catering to a diverse audience that appreciates hands-on creativity and design.CreoPop’s revenue model is primarily driven by the direct sales of its flagship 3D pen and associated ink cartridges through both retail and online channels. Transactions typically occur on a direct-to-consumer basis, allowing customers to purchase products individually or through bundled offers that include multiple ink cartridges. Each ink cartridge is designed to cater to specific creative applications, enhancing the end-user experience by providing a variety of colors and materials. This transactional structure not only encourages repeat purchases but also fosters customer loyalty as users explore new creative possibilities. Additionally, partnerships with educational institutions and creative workshops contribute to the overall revenue by integrating the product into curriculum and training programs, further expanding its market reach.Looking ahead, CreoPop intends to leverage its recent funding from the Seed round to enhance its product lineup with new 3D pen models and innovative inks tailored for specific creative applications, aiming for a launch by mid-2017. The company also plans to expand its market presence into South America and Africa, targeting these regions by the end of 2017. The funding will support the development of marketing strategies to penetrate these new markets effectively.

## Funding rounds

- Seed, Jun 2, 2015, $2M — National Research Foundation, Wavemaker Partners, Ruvento Ventures, Kumpulan Modal Perdana
- Seed, Jan 26, 2015, $0.3M — 500 Global, Ruvento Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Ruvento Ventures (https://capitalatlas.ai/funds/ruvento-ventures) — Seed
- National Research Foundation — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Kumpulan Modal Perdana (https://capitalatlas.ai/funds/kumpulan-modal-perdana) — Seed
