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Texas-based Essentium, a leading 3D printing solutions for industrial additive manufacturing raises $22.2 million in Series A funding led by BASF Venture Capital with participation from Materialise, Genesis Park, and previous seed round investors. BASF Venture Capital Investment Manager, Sven Thate, will join the Essentium board. The funding round will be used to scale manufacturing, engineering, international distribution, sales and marketing operations to meet market demand for the recently introduced Essentium High Speed Extrusion (HSE) Platform. The fact that the Essentium Series A round of financing is one of the highest in the history of additive manufacturing illustrates the role the company will play in transitioning the category from hype to implementation. The multi...

Infosys has reportedly announced that it would open a technology and innovation hub in the US state of Texas and hire 500 workers by 2020, its latest expansion in its largest market. Also, in May 2017, Infosys had said it would hire 10,000 American workers by 2019. So far, the company has hired 6,200 American workers. The company also mentioned that the new office would be located in Richardson, Texas and would focus on the telecommunication, retail and banking sectors. “We are excited to announce the expansion of our presence in Texas, which is another important step in our continued investment in driving digital transformation for American businesses. Digital is rapidly changing every industry, and our Hubs will allow us to co-locate, co-innovate and co-create alongside our clients...

Tag: Texas

Essentium Raises $22.2 Million Series A Funding

Infosys to Open an Innovative & Tech Hub in the US state of Texas