# Lean Plastics Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lean-plastics-technologies

- Industry: Forestry & Timber
- Headquarters: Ilmenau, Germany
- Website: www.lean-plastics.de/
- Latest round: Series A (Mar 1, 2023)
- Investors on record: 1

## About

Lean Plastics Technologies GmbH, based in Germany, specializes in producing premium plastic powders for additive manufacturing, enhancing precision and performance across various sectors.Lean Plastics Technologies GmbH is focused on developing tailored solutions for additive manufacturing. The company is headquartered in Ilmenau, Germany. Matthias Dungen serves as CEO. In Q1 of 2023, Lean Plastics Technologies secured Series A funding co-led by an unspecified investor along with returning investor Bm-t, marking their most recent deal. They have been involved in 2 total deals, illustrating their growth trajectory.Lean Plastics Technologies (LPT) specializes in the production of premium plastic powders designed specifically for additive manufacturing (AM). The company's core offerings focus on advanced materials that enhance precision and performance in various AM applications. By refining plastic powders with proprietary technology, LPT creates tailored solutions that meet the specific needs of its clients, which include businesses engaged in sectors such as aerospace, automotive, and medical device manufacturing. These products are deployed in a wide range of end-use cases, from prototyping to final part production, aiming to improve the efficiency and effectiveness of the additive manufacturing process. LPT serves a diverse geographical market, with clients located throughout Europe and North America, and is positioned to cater to growing demands for high-quality plastic powders in the global AM industry.The revenue model of Lean Plastics Technologies is structured primarily around B2B transactions, with an emphasis on direct partnerships and collaborations with clients in specialized manufacturing sectors. The company engages in the sale of its advanced plastic powders through customized orders tailored to specific project requirements, ensuring that clients receive products that align with their operational needs. Transactions are facilitated through contract agreements that secure long-term partnerships, fostering a steady revenue stream as clients return for repeat orders of flagship products. Although specific pricing plans are not disclosed, the transaction structure reflects a focus on delivering high-value solutions that support the unique requirements of their customer base. The company's emphasis on innovation and tailored processing positions it strategically in a competitive market, driving revenue through quality and customization.In 2023, Lean Plastics Technologies GmbH plans to expand its product line with the introduction of new plastic powders designed for specific applications in the aerospace and automotive sectors, with anticipated launches later this year. The company is targeting expansion into North American markets by the end of 2023, utilizing the funds raised in the recent Series A funding to bolster its production capabilities and market reach. This capital will support the development of new products and enhance the company's operational infrastructure to meet the growing demands within the additive manufacturing industry.

## Funding rounds

- Series A, Mar 1, 2023 — Bm-t

## Investors

- Bm-t (https://capitalatlas.ai/funds/bm-t) — Series A