Japan-based 3D printing technology developer Kabuku closed a ¥750m ($6.1m) series A round featuring marketing firm Dentsu and insurance group Mitsui Sumitomo Insurance yesterday.
The corporates, which invested through their respective Dentsu Digital Holdings and Mitsui Sumitomo Insurance Venture Capital subsidiaries, were joined by venture capital firm Global Brain, which led the round having provided ¥400m of the funding in August this year.
Founded in 2013, Kabuku offers a cloud-based 3D printing manufacturing management service, and is also working with automotive manufacturer Toyota to co-develop 3D print-customised vehicle parts. It will invest the series A capital in sales and marketing.
The round follows $1.7m in seed funding from CyberAgent Ventures, which acts as the corporate venturing unit of internet company CyberAgent, media company Fuji TV’s Fuji Startup Ventures unit, and Nissay Capital, a subsidiary of Nippon Life Insurance Company, in June 2014.