Los Angeles-based design, engineering, and metal additive manufacturing company 3DEO has secured a significant investment from the Development Bank of Japan Inc. (DBJ) and Seiko Epson Corp. (EPSON), which according to an article by METAL AM, is reported to be around 1 billion Japanese yen ($6.8 million).

Founded in 2016, the company has served the aerospace industry and boasts of a diverse portfolio of 18 patents. It has embarked on expansion efforts to service the semiconductor, medical devices and equipment, and industrial sectors.

EPSON and DBJ announced their partnership with 3DEO in mid-January of 2024.

“The collaboration with DBJ and EPSON is a powerful endorsement of our mission to empower product and engineering teams across the globe. This investment is not just capital; it’s a commitment to a shared vision of challenging what’s possible through the combination of additive design principles and differentiated capabilities,” said 3DEO CEO and co-founder Matthew Petros.

This latest investment is expected to boost 3DEO’s growth strategies in North America and Japan, expanding opportunities for partnership in the semiconductor, aerospace, medical devices and equipment, and industrial sectors.

“We are excited to see how this synergy will support our continued mission to empower customers with unparalleled design freedom and production capabilities,” Petros also said.

More developments are expected from 3DEO with its new partnerships.