Close Menu
AM ChronicleAM Chronicle
  • Content
    • News
    • Insights
    • Case Studies
    • AM Infocast
  • Focus Regions
    • India
    • Asia Pacific
    • Middle East
    • North America
    • Europe
  • Industries
    • Automotive
    • Aerospace
    • Defence
    • Energy
    • Construction
    • Healthcare
    • Tooling
    • Engineering
  • Training
  • Magazine
    • Digital Issues
    • Print Subscription
  • Events
Facebook Instagram YouTube LinkedIn
  • About us
  • Media Kit
  • Contact us
Facebook Instagram YouTube LinkedIn
AM ChronicleAM Chronicle
  • Content
    1. News
    2. Insights
    3. Case Studies
    4. AM Infocast
    5. View All
    Qatar Unveils Largest 3D-Printed Boat by GORD 3D, Credits: GORD 3D

    Qatar’s Largest 3D-Printed Boat Manufactured at GORD 3D Center

    July 4, 2025
    3D printing ceramics with Admaflex DLP technology. Photo via Admatec.

    Admatec and Formatec Re-emerge Under New Ownership and Names

    July 3, 2025
    Sailors aboard the Virginia-class attack submarine USS Texas prepare to depart Portsmouth Naval Shipyard after critical repairs and system upgrades. As the Navy works to enhance fleet readiness and extend the service life of submarines like Texas, APL researchers are partnering with the Naval Sea Systems Command to advance additive manufacturing processes — such as laser powder bed fusion — to deliver consistent, mission-ready components and reduce logistics delays across the fleet.

    Johns Hopkins APL, Navy Team up to Advance Additive Manufacturing for Critical Missions

    June 28, 2025
    Freemelt receives order for Freemelt ONE from a German industrial company, Credits: Freemelt

    Freemelt receives order for Freemelt ONE from a German industrial company

    June 25, 2025
    Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management

    Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management

    July 4, 2025
    LACS equipment set-up to add a coating to repair a panel aircraft wing

    Laser-assisted cold spray: a new generation of innovative manufacturing technology

    July 3, 2025
    Oerlikon Reaches 25,000 3D-Printed Suppressors Milestone, Advancing Next Generation Defense Applications, Credits: Oerlikon

    Oerlikon Reaches 25,000 3D-Printed Suppressors Milestone, Advancing Next Generation Defense Applications

    June 24, 2025
    ArianeGroup and Nikon SLM Solutions Join Forces to Advance Ultra-Large-Scale Additive Manufacturing for Space Applications

    ArianeGroup and Nikon SLM Solutions Join Forces to Advance Ultra-Large-Scale Additive Manufacturing for Space Applications

    June 21, 2025
    Formlabs fuse 1+

    How Imaginarium Helped Kaash Studio Scale with the Right 3D Printing Technology

    April 12, 2025
    The Formlabs Fuse 1+ 30W

    Kaash Studio Optimized Service Bureau Operations with Formlabs 3D Printers- Case Study

    January 30, 2025
    Namthaja Unveils Worlds First 3D Printed Marine Gangway

    Worlds First 3D Printed Marine Gangway unveiled by Namthaja

    August 8, 2024
    RusselSmith Material Performance Improvement Whitepaper

    RusselSmith Whitepaper : Improving Material Performance with Microstructural Refinement

    May 9, 2024
    Sustainable Production of Metal Powder for Additive Manufacturing

    Sustainable Production of Metal Powder for Additive Manufacturing with Bruce Bradshaw

    February 15, 2024
    Meeting Evolving Customer Demands in the Additive Manufacturing Industry with Tyler Reid

    Meeting Evolving Customer Demands in the Additive Manufacturing Industry with Tyler Reid

    February 9, 2024
    Innovation is at the heart of AMUG with Diana Kalisz

    Innovation is at the heart of AMUG with Diana Kalisz

    March 7, 2023
    3D Printing Workshops at AMUG with Edward Graham

    3D Printing Workshops at AMUG with Edward Graham

    March 7, 2023
    Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management

    Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management

    July 4, 2025
    Qatar Unveils Largest 3D-Printed Boat by GORD 3D, Credits: GORD 3D

    Qatar’s Largest 3D-Printed Boat Manufactured at GORD 3D Center

    July 4, 2025
    LACS equipment set-up to add a coating to repair a panel aircraft wing

    Laser-assisted cold spray: a new generation of innovative manufacturing technology

    July 3, 2025
    3D printing ceramics with Admaflex DLP technology. Photo via Admatec.

    Admatec and Formatec Re-emerge Under New Ownership and Names

    July 3, 2025
  • Focus Regions
    • India
    • Asia Pacific
    • Middle East
    • North America
    • Europe
  • Industries
    • Automotive
    • Aerospace
    • Defence
    • Energy
    • Construction
    • Healthcare
    • Tooling
    • Engineering
  • Training
  • Magazine
    • Digital Issues
    • Print Subscription
  • Events
Subscribe
AM ChronicleAM Chronicle
Home » Middle East

Immensa closes a series A round worth $7 million

Middle East News By Aditya ChandavarkarNovember 10, 20214 Mins Read
Immensa closes a series A round worth $7 million
LinkedIn Twitter Facebook WhatsApp Pinterest Email Copy Link

Immensa has closed a series A round worth $7 million, marking the first investment made in the Middle East region into additive manufacturing (AM) and related solutions. The funding will be used to expand the firm’s capabilities in Saudi Arabia with a view to using it as a launchpad to target international markets.

The investment marks a breakthrough for the Saudi market, as the Kingdom is aiming to become a global leader in smart manufacturing and advanced technologies, building on the international momentum of the sector since the beginning of the COVID-19 crisis. The sector’s size is projected to reach around $52 billion by 2026, growing from $15 billion in 2020.

The round, which was structured by Gate Capital, was led by Energy Capital Group (ECG), Al Turki Ventures, and other prominent investors including Shorooq Partners, Venture Souq, and Green Coast Investments.

Immensa is the first global company to provide a turnkey digital inventory solution for the energy and utilities sector by leveraging machine learning, data digitization, and industrial 3D printing. It is aiming to capitalize on Saudi Arabia’s efforts to enhance the competitiveness of its industrial sector as part of its economic diversification strategy.

Additive manufacturing is expected to add a minimum of $4.95 billion to the KSA economy within three years. Immensa is also tapping into the Saudi workforce, with over 70% of the company’s engineers being young Saudi nationals. Its workforce is expected to quadruple in size over the coming 18 months.

Fahmi Al Shawwa, Founder and CEO of Immensa, said: “We are thrilled to have secured series A funding and plan to use the investment to realize our ambitious growth strategy. Digitizing supply chains and adopting advanced and digital manufacturing is a key pillar for the realization of the Fourth Industrial Revolution. Additive manufacturing is crucial to industrial growth, helping to boost productivity, increase efficiency, enhance product quality, and improve business continuity.

“Over $65 billion of spare parts in the energy and utilities sectors will be sourced annually via digital supply chain by 2030. That is an opportunity we are grasping early on, and investors are seeing the value of partnering with a leader in this underserved market. Immensa will grow its business while also helping to create a new range of industries and forge new career paths for Saudi nationals.”

Over the past year, more than $5 billion in funding went into additive manufacturing and digitizing solutions globally. The adoption of AM has grown annually by 20% during the past decade and is forecasted by experts to increase even further. Historically, the region has lagged behind in the adoption of AM solutions, however that all started changing in 2020, and today the growth of AM in the GCC is exceeding 300% per year.

Ali Alturki, Managing Partner of ECG, said: “Investors today are looking for opportunities that center around innovation and sustainability and are aligned with industrial, technological and economic trends. When we were presented with Immensa, we realized the untapped potential of digitizing supply chains and the value that digital inventories will garner for organizations, particularly in line with Saudi’s Vision 2030 and Aramco’s IKTVA program. The digital solution that Immensa’s team has developed is unique and will help it to tap into an unexploited market opportunity, valued at $165 billion.”

Omar Abuhabaya, Co-Founder of Immensa and GM of Immensa KSA, said: “Immensa’s digital manufacturing solution is aligned with the Kingdom 2030 Vision while unlocking the full potential of local content and fourth industrial revolution. We believe that additive manufacturing adaptation largely contributes to drive industrial development and have a vital role in building the ecosystem ranging from feedstock, engineering optimization, all the way to production including parts testing and validation.”

3d printing additive manufacturing Aerospace Energy Engineering Immensa Middleeast Oil & Gas
Aditya Chandavarkar
  • Website

Aditya Chandavarkar is a established entrepreneur with business interests in manufacturing, innovative technology, training and consulting. Among other activities he the Co-Founder of Indian 3D Printing Network and is a subject matter expert on 3D Printing/Additive Manufacturing with good grasp of Additive Manufacturing trends in the Region including India, APAC, Middleeast and Africa.

NAMIC GLOBAL AM SUMMIT 2025
LATEST FROM AM
Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management Insights

Digital Twin Integration in Additive Manufacturing Systems: Revolutionizing Design, Production, and Lifecycle Management

July 4, 202520 Mins Read
Qatar Unveils Largest 3D-Printed Boat by GORD 3D, Credits: GORD 3D News

Qatar’s Largest 3D-Printed Boat Manufactured at GORD 3D Center

July 4, 20252 Mins Read
LACS equipment set-up to add a coating to repair a panel aircraft wing Insights

Laser-assisted cold spray: a new generation of innovative manufacturing technology

July 3, 20259 Mins Read

CONNECT WITH US

  • 126 A, Dhuruwadi, A. V. Nagvekar Marg, Prabhadevi, Mumbai 400025
  • [email protected]
  • +91 022 24306319
Facebook Instagram YouTube LinkedIn

Newsletter

Subscribe to the AM Chronicle mailer to receive latest tech updates and insights from global industry experts.

SUBSCRIBE NOW

Quick Links

  • News
  • Insights
  • Case Studies
  • AM Training
  • AM Infocast
  • AM Magazine
  • Events

Media

  • Advertise with us
  • Sponsored Articles
  • Media Kit

Events

  • AM Conclave 2025
    24-25 September 2025 | ADNEC, Abu Dhabi
  • AMTECH 2025
    3-4 December 2025 | KTPO, Whitefield, Bengaluru
CNT Expositions & Services LLP
© 2025 CNT Expositions & Services LLP.
  • Privacy Policy
  • Cookie Policy

Type above and press Enter to search. Press Esc to cancel.



0 / 75