Materialise has acquired Link3D from AI Capital, a Colorado-based venture capital firm investing in early growth stage enterprise AI software companies,
Based near Boulder, CO Link3D offers additive manufacturing execution systems workflow software to help organizations scale their digital manufacturing strategy and workflows. Additive manufacturing is commonly known as 3D printing.
Neville Teagarden, co-founder and managing partner of AI Capital, stated, “The planned Link3D exit is a validation of AI Capital’s investment focus on applied AI software companies that focus on the digitization of society and business. Our investment thesis didn’t waver during the pandemic; in fact, it was strengthened as COVID exposed the severe shortcomings in how businesses access and deliver critical goods and services. Our experience and astute advisory team enabled us to quickly identify the severe limitations in legacy software that underpins how these goods and services are delivered and how that impacts businesses and society in a crisis. We made a deliberate decision to focus our investments across six verticals: Food Supply, Health Care, Life Sciences, Manufacturing, Energy, and Public Safety. Public Safety overlays all the others through cybersecurity, an increasing risk accelerated by widespread digitization that grew dramatically during the pandemic.”