Sustainable 3D print-on-demand fine jewellery service provider Cloud Factory raises €2m in seed funding
Cloud Factory, a precious metal 3D printing company, announced this week that it has raised a 2 million EUR seed round led by Charge Ventures, a leading early-stage fund in the Baltics. The company claims to be the world’s first company to use direct metal 3D printing to “scalably” manufacture fine jewellery in a cost-effective and sustainable way.
Cloud Factory aims to use the investment to increase its manufacturing capacities and further develop its online platform for product creation and order management integrations. It says that through introducing green tech to the jewellery industry, it has become the first zero waste jewellery factory in the world using resource-efficient 3D printing technology. The type of machine in use at the company is the SLM 125 metal 3D printer.