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Massivit 3D Printing raises NIS 169m in TASE IPO
Massivit 3D is breaching three fundamental market barriers that have until now prevented the manufacturing sector from developing.
Israeli large-volume 3D printing systems provider Massivit 3D Printing Technologies has successfully completed its initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE). The company has raised NIS 169 million with a post-money valuation of about NIS 660 million. As part of the offer to institutional investors, the company received a demand of NIS 249 Million. Leading institutional investors in the Israeli market participated in the IPO.
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Massivit 3D is breaching three fundamental market barriers that have until now prevented the manufacturing sector from developing: production speed, production size, and versatile industrial materials. The company’s portfolio of 3D printing systems, comprising large-volume hardware, printing materials, and integrated software based on sop