Software developing company Autodesk announced it will invest up to 100 dollars in 3D printing technology. The company has set up a so-called Spark Investment Fund and will be using this fund to provide for financial support, and marking as well as developer services to entrepreneurs and researchers in the industry. 3D printing pioneers and start-ups can apply for funding themselves. This can be seen as the first 3D printing investment program of the world.
Autodesk wants to give 3D printing technology an extra push in order to bring the technique to the masses. Spark – made by Autodesk – is a free and open 3D printing platform, which aims to connect 3D printing hardware and design software. This funding program is part of Spark. The final goal of Spark is to encourage the 3D printing community to build upon and improve the software.
In a press release, Samir Hanna, vice president and general manager of consumer products and 3D printing at Autodesk, said:
The days of taking a closed, top-down approach to innovating for additive manufacturing are behind us. Numerous industries recognize the value of tapping into entrepreneurs or startups with better ideas and approaches, and 3D printing is no exception. The Spark Investment Fund will empower innovators to improve 3D printing, and to help us unlock the tremendous promise of this technology.
Announcing the $100 M Spark Investment Fund, world’s 1st dedicated to investing in innovative 3D printing companies: http://t.co/OZYWgsJxpt
— Autodesk (@autodesk) October 30, 2014
Spark was launched earlier this year and this funding stunt could potentially become the breakthrough for the company. 3D printing companies and individuals within the fields of 3D printing and developing groundbreaking hardware, software, materials and marketplaces can apply for an investment program.
Image credits: epSos.de.