Luxexcel Group, a Netherlands-based inventor of “printoptical technology” – a 3D printing process to prototype and manufacture lenses and optical products – has closed a growth financing round in the company of “several million Euros” provided by Munich Venture Partners, Filsa Capital and Chrysalix SET, manager of venture capital funds backed by Netherlands-based corporates Delta and Essent.
With these investments, Luxexcel intends to enhances its global leadership position in the additive manufacturing of lenses and optical components.
Wouter Jonk, managing partner of Chrysalix SET, said: “We were the first venture capital investor to take a position in Luxexcel based on our conviction that Luxexcel will become a global key player in the field of optics and will accelerate the growth of the LED lighting industry.”
Richard van de Vrie, founder and chairman of Luxexcel, said:.”This cash injection secures our growth and corporate development, increasing the capabilities that we offer to optical designers and LED lighting manufacturers. Our new partner Munich Venture Partners is one of Germany’s largest clean-tech investors with a very valuable network that will help us open new doors. I am pleased that Filsa Capital is investing in the company and making its management experience available. The additional capital injection of Chrysalix SET enables us to execute our business plan properly.”
Martin Kröner, managing partner of Munich Venture Partners: “We invested in LUXeXceL because of their unique patented process to print optics. We believe that their Printoptical Technology will change the way optics are designed, produced and digitally stored across many different market segments.”