The funding will assist pace up the event and commercialisation of Seurat’s patented additive manufacturing technology and is Denso’s newest transfer to bolster its digital transformation, the Japan-based auto elements producer stated in a launch.
In response to Denso, Seurat’s space printing know-how permits producers to print steel elements at scale, combining unprecedented pace, precision, half integrity and reliability, whereas nonetheless being price efficient. Seurat’s revolutionary course of ensures prime quality and backbone for mass manufacturing of steel elements throughout all industries, together with automotive.
For a provider like Denso, this answer might minimize manufacturing occasions and enhance its means to shortly assist prospects’ shifting necessities, the assertion added.
The funding additionally aids Denso’s bigger efforts to advance manufacturing applied sciences. On this, Denso collaborates with firms like Seurat, along with creating its personal options like its Manufacturing facility-IoT Platform, to assist digitize operations. This creates alternatives to optimise workflows, improve effectivity and function extra flexibly.
“Denso is at all times trying to keep on high of the newest manufacturing processes and know-how so we will ship for our prospects. Working with Seurat will assist us proceed that,” Raja Shembekar, vp of Denso’s North America Manufacturing Innovation Heart, stated. “Seurat’s space printing know-how is a breakthrough, one which dramatically accelerates additive manufacturing manufacturing charges. We sit up for serving to them develop it additional,” he added.
By collaborating with Denso, Seurat positive aspects entry to Denso’s wealthy manufacturing experience, which it has cultivated by producing high quality merchandise at mass volumes for over 70 years.
“We’re happy to have Denso take part in our Sequence B spherical, however greater than that, are excited by how they might assist propel our know-how ahead. Denso’s deep understanding of what large-scale producers want and what makes them profitable will probably be important as we commercialise our space printing know-how,” James DeMuth, CEO and co-founder of Seurat Applied sciences, stated.
The announcement comes after Denso just lately highlighted how the ideas of “Inexperienced” – performing environmentally pleasant – and “Peace of Thoughts” – making a protected and seamless world for all – are guiding the corporate’s know-how improvement, the discharge stated.
Those self same ideas inform Denso’s work with Seurat and can assist the corporate obtain its Lengthy-term Coverage 2030, which focuses on enriching society by enhancing mobility and reaching sustainability, happiness and peace of thoughts for everybody. Collaborations corresponding to with Seurat are key in reaching that objective.
“The funding in Seurat continues to display Denso’s dedication to determine collaborative partnerships with startups. Such partnerships have enabled Denso to aggressively pursue the invention and improvement of latest superior applied sciences that ship helpful advantages to Denso and our prospects,” Tony Cannestra, director of company ventures at Denso, stated.
Denso is a USD44.6 billion world mobility provider that develops superior know-how and elements for almost each automobile make and mannequin on the highway as we speak. With manufacturing at its core, Denso invests in its 200 amenities to provide thermal, powertrain, mobility, electrification, and digital techniques, to create jobs that immediately change how the world strikes.