# xolo

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

- Industry: Hardware
- Headquarters: Berlin, Germany
- Website: www.xolo3d.com
- Total disclosed funding: $8.5M
- Latest round: Series A (Feb 7, 2023)
- Investors on record: 4

## About

xolo GmbH, based in Berlin, Germany, specializes in innovative spatial printing solutions, focusing on advanced technologies like Xolography that enable the creation of complex volumetric structures.Founded in 2019 in Berlin, Germany, xolo GmbH develops advanced spatial printing technologies. The company was established by Dirk Radzinski, Martin Regehly, and Stefan Hecht. xolo has undertaken a Series A funding round in February 2023, raising EUR 8 million led by DeepTech & Climate Fund along with HZG Group, Onsight Ventures, and SquareOne, bringing total funds raised to EUR 8 million and current company valuation to EUR 42.155 mn.xolo is at the forefront of innovative spatial printing solutions, primarily through its advanced product line that includes Xell, Xube², and Custom Xube, which leverage the proprietary technology known as Xolography. Xolography integrates the principles of physics and chemistry, utilizing intersecting light beams within a medium with dual-color photoinitiators to create objects through polymerization, effectively allowing the production of volumetric structures made of light. The Xube² model is designed for both academic and industrial applications, facilitating advancements in sectors such as optics, bioprinting, and MedTech. Xell serves as an entry-level solution, streamlining the adoption of Xolography for bioprinting and material development. These products are marketed primarily to research institutions, universities, and enterprises across Europe, North America, and select regions in Asia, reflecting a diverse client base committed to cutting-edge technological applications.xolo's revenue model is structured around the sale of its flagship products, including Xell and Xube², which are typically offered through direct sales to business clients and research institutions. The company engages in B2B transactions, where clients purchase these advanced printing solutions, often accompanied by tailored support and material offerings. Pricing is contingent on the specific configurations and customization levels requested by clients, with options for direct purchases or possible subscription models for ongoing material supplies and technical support. The transactional flow typically involves consultations to determine client needs, followed by a formal quote process that outlines the costs associated with the selected products and services. This structured approach to sales enables xolo to effectively serve its diverse clientele while promoting the adoption of its innovative technologies in various sectors.In February 2023, xolo GmbH raised EUR 8 million in Series A funding to support the development of its Xolography process, which aims to transform the 3D printing industry. The company plans to utilize this funding to enhance its product offerings and expand its market presence, specifically targeting growth in Europe and North America over the next few years.

## Funding rounds

- Series A, Feb 7, 2023, $8.5M — SquareOne, HZG Group, Onsight Ventures, DeepTech and Climate Fund

## Investors

- SquareOne (https://capitalatlas.ai/funds/squareone) — Series A
- HZG Group (https://capitalatlas.ai/funds/hzg-group) — Series A
- Onsight Ventures (https://capitalatlas.ai/funds/onsight-ventures) — Series A
- DeepTech and Climate Fund (https://capitalatlas.ai/funds/deeptech-and-climate-fund) — Series A