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June 23, 2021

Denso invests in Seurat Technologies

The startup investment is Denso's latest move to innovate manufacturing processes and advance digital transformation.

By David Leggett

Denso has announced it has invested in Seurat Technologies, participating in the metal additive manufacturer’s Series B funding round. The investment will help speed the development and commercialization of Seurat’s patented additive manufacturing technology and is Denso’s latest move to bolster its digital transformation.

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Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
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Seurat claims its ‘Area Printing’ technology allows manufacturers to print metal parts at scale, combining unprecedented speed, precision, part integrity, and reliability, while still being cost-effective. Denso says the solution could cut production times and improve its ability to quickly support customers’ shifting requirements.

The investment also aids Denso’s larger efforts to advance manufacturing technologies. In this, Denso says it collaborates with companies like Seurat, in addition to creating its own solutions like its Factory-IoT Platform, to help digitize operations. This creates opportunities to optimize workflows, increase efficiency and operate more flexibly, the company claims.

“Denso is always looking to stay on top of the latest manufacturing processes and technology so we can deliver for our customers. Working with Seurat will help us continue that,” said Raja Shembekar, vice president of Denso’s North America Production Innovation Center. “Seurat’s Area Printing technology is a breakthrough, one that dramatically accelerates additive manufacturing production rates. We look forward to helping them develop it further.”

“We are pleased to have Denso participate in our Series B round, but more than that, are excited by how they could help propel our technology forward,” said James DeMuth, CEO and co-founder of Seurat Technologies. “Denso’s deep understanding of what large-scale manufacturers need and what makes them successful will be vital as we commercialize our Area Printing technology.”

Other collaborations DENSO has recently pursued include:

  • Creating a long-term alliance with aerospace leader Honeywell to develop electric propulsion systems for urban air mobility vehicles;
  • Investing in wireless positioning technology developer Lambda:4, helping strengthen DENSO’s passive digital key;
  • Investing in Ridecell to give fleet operators digital tools that optimize fleet management; and
  • Collaborating with Drishti to advance action-recognition technology, which supports human outputs in manufacturing.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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