According to the latest announcement, D. One Vision Management Leads $16 Million Series A Investment In PrinterPrezz
D. One Vision Management with its DOV Singularity Fund, an alternative investment vehicle for investors seeking growth and diversification in tech-empowered future, today announced the addition of PrinterPrezz, the first Medifacturing™ company in the world to its investment portfolio. Through its DOV Singularity Fund, D. One Vision Management served as the lead investor in PrinterPrezz’s recently completed $16 million Series A funding. Other lead investors in the round include Boutique Venture Partners, Berkeley Catalyst Fund while Solvay Ventures served as strategic investor.
PrinterPrezz, Inc. headquartered in California, U.S. with a subsidiary in Singapore, combines robust additive manufacturing technology platforms, nanotechnologies and surgical expertise to develop next generation medical devices from concept and design through FDA approval and volume production.
David You, Founder and CEO of D. One Vision Management, commented, “As the first external investor who identified PrinterPrezz and the lead investor of this round, we believe the Medifacturing™ infrastructure with the foundry ecosystem that PrinterPrezz is building will bring about a new era in the health care industry, which fits our investment philosophy perfectly, applying technology to the betterment of the global human population towards the singularity era.
Empowered by its proprietary end-to-end ecosystem for medical device companies, PrinterPrezz’s total available market will expand significantly, if not exponentially in the near future, ” continued David. “The recent FDA approval of PrinterPrezz’s six medical devices was a strong validation of the company’s vision and business model. We are very excited to collaborate with this enthusiastic and multi-disciplinary team to further grow the business.”
Shri Shetty, CEO of PrinterPrezz, commented, “We believe that the future of medical device development is in the joining of novel materials with proprietary technology. PrinterPrezz continues to offer opportunities for innovative medical device companies to leverage our infrastructure and know-how to speed their time-to-market. We are delighted to have DOV’s support and shared vision of technology’s potential to drive meaningful improvements for people as they live longer, more active lives.”
SOURCE D. One Vision Management (DOV)
