Scrona unveils new printing technolgy and $4 million funding round

Led by EquityPitcher Ventures, Scrona has raised $4 million through a Convertible Loan Agreement. The new capital will allow Scrona to accelerate the industrialization and commercialization of its newly unveiled printing technology.

Scrona, a spin-off from ETH Zurich founded in 2014, developed the industry's first multi-nozzle 3D printing platform that can digitally print the impossible with sub-micrometer precision, on any material and at scale, improving and speeding manufacturing for today and tomorrow's products. The company’s patented, proprietary technology is based on the electrostatic ejection principle which provides very fine, submicron-scale printing and jetting, while allowing the adoption of various ink materials—such as metals, dielectrics, organic, and biomaterials. Scrona's MEMS-based printheads allow for high nozzle density and customization to accommodate application requirements across many industry verticals.

The company has introduced a new GEN3 printhead platform designed for mass manufacturing. This innovation aims to accelerate product development in a cost-effective and environmentally friendly way. The new, expandable GEN3 printhead platform boasts Scrona's proprietary electrostatic MEMS architecture and launches with a digital 8-nozzle version. A 128-nozzle version is scheduled for later this year.

The obtained $4 million convertible loan will accelerate the industrialization and commercialization of the GEN3 printhead platform and support the preparation for Scrona's upcoming Series B financing round. The round was led by Equity Pitcher Ventures with participation from existing investors. "We are very excited to join the strong investor line-up of Scrona to support their mission of expanding the boundaries of current 3D printing technologies to gate new product inventions for microelectronic products that can be manufactured economically and eco-friendly," said Hermann Koch, founding partner at EquityPitcher Ventures.

"Scrona is enabling customers to digitally print the impossible - on any material, at scale, improving the speed, accuracy and cost of manufacturing today and tomorrow's innovative products," said Dr. Patrick Heissler, newly named CEO of Scrona. "We are very excited about the performance and potential of the GEN3 printhead platform, which will ship to first customers already this month. We are honored to be supported by this syndicate of expert investors who understand the disruptive potential of Scrona's scalable printing technology, which can reduce manufacturing steps 10-fold, while also significantly reducing material, energy and water usage."

(Press release/RAN)