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Yorkshire-Based Tech Firm That Helps Businesses With 3D Printing Picks £750K

Jul 08, 2021about 4 years ago

Amount Raised

£750,000

Round Type

seed

Yorkshire

Description

AME Group, a Yorkshire-based company that designs products from consumer electronics through to medical devices and product packaging for many leading consumer brands, has secured a £750K investment from Northern Powerhouse-backed company, NPIF-Mercia Equity Finance.

Company Information

Company

Ame Group

Location

Yorkshire, Virginia, United States

About

The company will use the funding to accelerate the growth plans, which include hiring new staff, acquiring new equipment, and launching two new brands. The UK company’s first brand is AME-3D, 3D Printing, and Low Volume Production Powerhouse. AME-3D will focus on providing 3D printing for manufacturing and prototyping services to Yorkshire and UK businesses.It will also expand into small-batch unit production, also known as Low Volume Production, and indirect manufacturing with dropshipping services. AME Group Founder, now Finance Director, Ian Jones said: “New technologies such as 3D printing have opened up new possibilities in product development and testing.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech