Electronics manufacturer Futaba purchased Japan-based 3D printing technology developer Kabuku for an undisclosed sum yesterday, providing exits to corporates Dentsu, Fuji Media, Nippon Life and Mitsui Sumitomo Insurance.
Founded in 2013, Futaba runs an online marketplace providing enterprises like consumer goods manufacturers with access to 3D printing software tools. It also offers cloud-based design capabilities for 3D printing bureaus.
Venture capital firm Global Brain led the company’s $6.1m series A round in 2015, investing with Dentsu Digital Holdings and Mitsui Sumitomo Insurance Venture Capital, subsidiaries of marketing firm Dentsu and insurance provider Mitsui Sumitomo.
Global Brain supplied its $3.3m of the round earlier the same year. Kabuku had raised $2m from CyberAgent Ventures, Fuji Startup Ventures and Nissay Capital, on behalf of internet company CyberAgent, media group Fuji Media and insurance firm Nippon Life, in 2014.