Hyperganic announced the closing of $7.8m in funding, with a focus on significantly expanding their presence in Singapore. The round is led by HV Capital, one of the largest European funds, and VSquared Ventures, renowned for their early investments in quantum computing and spacecraft. Further investors include Converge, as well as Swarovski and Hermann Hauser Investments.
Hermann Hauser: “Hyperganic is doing for physical objects and machines what I did with ARM for the smartphone industry.”
Fabian Gruner, Partners, HV Capital: “Hyperganic rings in a paradigm change in product design and manu-facturing more profound than what we can even conceive today. As VCs, we are always looking for founders and companies who can really ‘change the world’ — and Lin and his team are going to do exactly that.”
Herbert Mangesius, Partner, VSquared Ventures: “Lin has the skill to forge purpose-driven teams bringing together people from very diverse backgrounds. Hyperganic shapes meaningful progress in society through technology. This is in perfect alignment with our mission at Vsquared. We are excited to be part of this entrepreneurial journey. Hyperganic brings fundamentally new capabilities to one of the largest markets on Earth — the field of manufacturing.”
Hyperganic was founded in 2017 to radically accelerate innovation in design, engineering and production of physical objects. The company drives a paradigm shift, where complex products are created by computer algorithms and Artificial Intelligence. The resulting objects are traded digitally and manufactured in digital factories based on industrial 3D printing (Additive Manufacturing). The investment will drive a significant expansion of the existing Hyperganic team and the establishment of R&D centers in both Singapore and China. The company set up its Singapore R&D center this month and is currently hiring many roles in the fields of computer science, A.I. engineering and design, as well as business development. The Singapore campus is expected to have 30 staff by the end of 2021.
Lin Kayser, co-founder and CEO: “Humanity’s biggest challenges can only be solved through a giant leap in technology. We’ve created Hyperganic to fundamentally change how we design and build the things around us. Now we are ready to shift gears. We are happy to have the support of such a diverse team of investors on this exciting journey.”
Hyperganic will use Singapore as a key pillar of the company’s development strategy. This decision was driven by the country’s investment in a vibrant deep technology ecosystem, specifically for advanced manufacturing technologies such as A.I., robotics and industrial 3D printing. As part of Singapore’s five-year RIE (Research, Innovation, Enterprise) plans, NAMIC, the National Additive Manufacturing Innovation Cluster, was incepted to orchestrate and implement strategies for the future of production.
Dr. Chaw Sing Ho, Director, NAMIC Singapore: “We have engaged Hyperganic as early as 2018 when it was in stealth mode, after Lin and I met at a conference. Back then, it was extraordinary to me what the company had envisaged — a paradigm shift in the way people design, using algorithms to create functional products with biomimicry designs. We are delighted to be partnering with Hyperganic on their growth journey, and excited by its plans to rapidly expand its footprint in Singapore and Asia.”
Existing customers in Europe, the US, China and South East Asia use the Hyperganic Core platform for a broad variety of applications, including aerospace, consumer goods, and medical products. The technology can fundamentally be applied to any field of engineering.
