Overview

Dyndrite develops software solutions specifically for the digital manufacturing industry, particularly for Additive Manufacturing (AM) engineers. Their software enhances the control and efficiency of manufacturing processes, especially for clients using laser powder bed fusion (LPBF) machines. Dyndrite's software generates precise scanning trajectories for advanced laser scanners, allowing for high-resolution production. Unlike competitors, Dyndrite collaborates with hardware manufacturers to create integrated solutions that optimize machine performance. The company's goal is to advance the digital manufacturing landscape by providing powerful software that maximizes the capabilities of existing manufacturing hardware.

Simplify's Take

What believers are saying

• Dyndrite's partnership with Nikon emphasizes open architecture in metal 3D printing.
• The company received recognition and funding from AFWERX and America Makes.
• Collaboration with industry leaders forms the Materials Consortium for additive manufacturing.

What critics are saying

• Emerging competition from companies like Ulendo Technologies.
• Potential over-reliance on partnerships could limit market flexibility.
• Rapid technological advancements may outpace Dyndrite's current software capabilities.

What makes Dyndrite unique

• Dyndrite's software offers advanced control for Additive Manufacturing engineers.
• The company specializes in low-level scanning trajectories for laser scanner hardware.
• Dyndrite's Developer Council fosters innovation and sets new software standards.

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Funding

Total Funding

$12.6M

Below

Industry Average

Funded Over

2 Rounds

$10,000,000

Series A

Apr 2019

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$10M

$15M

$100M

View all funding stages