Summary sheet
DyeMansion is a German based company operating in the field of 3D printing / additive manufacturing. More specifically, it develops and produces post-processing equipment for finishing (cleaning, surfacing and colouring) that turns 3D printed raw parts into finished products.
The objectives of the EIB financing are to support the company in mitigating the impact from the COVID-19 pandemic and in executing its growth investments mainly in research and development (R&D) and commercial expansion.
The project supports the policy objective of support for SMEs, as well as research and development, by providing tailored venture debt financing to an innovative start-up in the area of 3D printing / additive manufacturing.
The project entails positive knowledge spillovers related to materials and process technologies for the finishing (cleaning, surfacing and colouring) of 3D-printed parts, strengthening the EU's position in the advanced manufacturing technologies.
EIB's financial contribution facilitates the SME's sustainable growth and helps to maintain its technological edge, despite the adverse economic conditions resulting from the COVID-19 outbreak. Furthermore, it provides a positive signalling effect to crowd-in further financing from private investors.
The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the EIA Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to a mandatory environmental impact assessment (EIA).
The Promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.