Canberra-based manufacturing startup Syenta has raised $3.7 million in seed funding to drive production of its exceptionally fast, multi-material 3D printers.
The round was led by Blackbird, alongside Brindabella Capital and Jelix Ventures.
The ANU-based startup spent two years in “stealth mode” as cofounders Jekaterina Viktorova and Professor Luke Connal developed a multi-material 3D printer using electrochemistry.
The funds will accelerate technical development and deliver more printers to early customers. The team is also hiring product managers and software engineers specialising in embedded systems.
“Having experienced the limitations of state-of-the-art printed electronics methods firsthand, I’m excited to be working on a method that allows for true multi-material printing that involves fewer steps and less waste,” Viktorova said.