Step into the volumetric future with the dynamic 3D technology wave. Explore the untapped opportunities and learn how to tackle the potential hurdles within this highly competitive landscape.
The rapid evolution of the 3D technology industry is powered by its capacity to disrupt conventional processes across sectors like manufacturing, healthcare, and entertainment. With lower entry barriers, expanding collaborative networks, and rising demand for customized solutions, the opportunities for startups to capitalize on seem boundless. But…
Huge 3D tech industry growth potential is mirrored by its towering research and development expenses. Take Intel, for example, which poured over $13B into R&D in 2019 alone.
Plus, winning customer trust is a tall order. So, startups can clearly present their value, as AR/VR companies do, by offering demos at events or stores to allow users to experience the technology before purchasing. Thus…
And at Waveup, we know how to turn your project into a flourishing business. Having helped hundreds of startups secure more than $2B in funding, fueled the growth of numerous businesses, and crafted 100+ effective go-to-market strategies, our team knows how to make a splash in the 3D technology sector. Check on our 3D tech industry research to grasp the pros and cons of this realm.
The adoption of 3D printing has tripled in the last five years, indicating a rapidly growing interest in its applications across various sectors.
Architectural firms utilizing 3D modeling have reported a 200% reduction in design errors, leading to cost savings and more efficient construction.
The adoption of 3D printing technology in aerospace has led to a 4-fold reduction in production time and a 40% decrease in material waste.
Medical applications of 3D printing have grown by over 400%, enabling customized implants, prosthetics, and even organs, revolutionizing patient care.
The number of healthcare-related 3D-printed implants and prosthetics is anticipated to exceed 2 million by the end of 2023, demonstrating its significant impact on patient care.
With the major deals going to:
While the 3D technology sector has enormous potential for growth, startups must be ready for funding hurdles and customer trust issues.
Creating 3D technology comes with a hefty price tag due to the need for specialized equipment, skilled teams, and development efforts. This often puts 3D technology startups in a tough financial spot, forcing them to get creative about their funding strategies to overcome this obstacle. Working with research institutions or partnering with top industry players can provide access to additional resources and reduce developmental costs.
Navigating the ever-changing 3D advancements and fierce rivalry poses a daunting hurdle, especially in protecting intellectual property. There is always a risk of bigger players mimicking or copying the algorithms, leveraging their substantial reach to gain a competitive edge without bearing the burden of research and development. Thus, securing patents and trademarks and enforcing legal agreements is paramount, yet it comes with a significant financial investment.
Entering the market with a new 3D technology can face significant skepticism and resistance from the market. This is especially true when potential customers are in the dark about its perks or how seamlessly it fits their existing workflows. That’s why 3D technology startups must invest in educational initiatives such as clear marketing strategies, workshops, and webinars to communicate the value of their product.
From diligent industry analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into a compelling investment opportunity framed in a winning startup pitch deck.
Evaluating potential investments, conducting due diligence, and supporting portfolio companies on their new fundraising rounds.
Discovering market opportunities in the market and developing execution strategies to build actionable and scalable blueprints for growth.
WHO WE ARE
The 3D tech industry attracts VCs due to its innovation versatility, personalization, cost-effectiveness in the long run, potential for high returns, and cross-sector opportunities (such as healthcare, real estate, manufacturing, and entertainment).
In 2022, the 3D technology market size constituted $28B+, and is projected to increase fivefold by 2030. A surge in 3D technologies paired with growing government support gives rise to a dynamic landscape with diverse opportunities for startups to capitalize on.
Due to the competitive nature of the 3D technology sector and substantial initial costs for research, development, and equipment, securing funds may seem challenging yet possible. It works especially well for startups who come with innovative solutions, a strong business plan, and a compelling value proposition.
In most cases, our team needs two to three weeks to complete the project, yet the time frames may vary depending on our workload and the project difficulty. Thus, it’s better to discuss the time individually.
3D technology pitch decks often lack a compelling investment narrative. Many fail to address the crucial ‘Why now?’ aspect and provide insufficient evidence of progress or validation. Another issue arises when the team slide only showcases the founder or provides scant details about team members. Like this, investors won’t get any sufficient information about your team fitting the market.
Usually, 3D tech startups face hardships with high research and developmental costs, intellectual property, and the adoption and integration of their product. To address these hurdles, many are finding new ways to attract additional funding and ensure collaborations with 3D tech top dogs.
With more than 8K startups and numerous established market players such as Stratasys, 3D Systems, or EOS, the 3D tech industry is highly competitive, making it hard for newcomers to enter and secure their place in it.
We help investors evaluate their 3D investment opportunities by conducting comprehensive due diligence and presenting it in a clear, illustrative, and insights-packed presentation. We also offer end-to-end fundraising services to investors’ portfolio companies in the 3D and other sectors.
Certainly! We are well-prepared to support your M&A initiatives within and outside of the 3D tech industry, including initial deal sourcing, business valuation, due diligence support, and post-deal integration.
Yes, we can connect you with the relevant VCs within the 3D tech landscape. After evaluating your project for its correspondence to such criteria as round size, team composition, product, etc., we’ll assist your cooperation with investors before, during, and after the deal.
Absolutely! Our team provides customized market intelligence dedicated to the 3D technology sector. This encompasses comprehensive industry reports, competitor analysis, and extensive market research, all aimed at strategically positioning you well ahead in the market. Leveraging reliable databases, we guarantee your thorough understanding of the expansive 3D tech landscape, offering insights into its multifaceted nature, its scale, and the competitive environment.
We ensure growth and fundraising assistance to 3D tech startups during all stages, from Pre-Seed to Series C+. Thus, most of our success stories concern the projects within the Seed to Series B stages.
Stepping into the 3D technology landscape? We know the way. From end-to-end fundraising support to outsourced M&A guidance and growth blueprinting, Waveup will help you accelerate your 3D journey to success. Drop us your email, and let's talk!