- Hyperganic’s mission is to radically accelerate innovation in design and engineering of physical products through the company’s A.I. software platform.
- 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.
- 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.
Munich, March 10th, 2021: Hyperganic today announced the closing of $7.8m in funding, with a focus on significantly expanding their presence in Singapore. The round is led by German funds HV Capital and VSquared Ventures. Co-investors are US-based tech fund Converge, industrial partner Swarovski and PC pioneer Hermann Hauser, co-founder of ARM.
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.
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, © 2021 Hyperganic Group Press Release 2 /4 Innovation, Enterprise) plans, NAMIC, the National Additive Manufacturing Innovation Cluster, was incepted to orchestrate and implement strategies for the future of production.
Lin Kayser: “Singapore is one of only a few countries which have recognized the seismic shift happening through digital factories based on Additive Manufacturing. The products designed by our Singapore A.I. engineers will be game changers for many industries that are highly relevant to the region. With NAMIC, Singapore has a unique organization that demonstrates the country’s strategic commitment to transforming an entire industry sector.”
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.
Nilanjana Bhowmik, Partner, Converge: “From empowering design engineers to create hitherto unimaginable products to re-aligning supply chains with digital-physical products and on-demand production, Hyperganic’s bold vision can profoundly shape sustainable manufacturing. We are thrilled to join them in this exciting journey.”
Graham Hench, VP Innovation, Swarovski: “We’re excited to see Lin and his team at Hyperganic bring a strong group of investors together to support a shared goal with Swarovski in accelerating sustainable manufacturing for a sustainable future. We’re looking forward to the journey ahead.”
Hyperganic radically redefines engineering with the goal to help solve humanity’s biggest challenges. The company’s software platform creates parts, structures and entire machines through Artificial Intelligence, and enables mass production in digital factories using industrial 3D printing. The resulting products are more advanced, efficient and sustainable than traditionally engineered objects.
Hyperganic is working with leading companies in the U.S., Europe, Southeast Asia and China in fields as diverse as consumer goods, medical applications and aerospace.
The company was incorporated in 2017 in Munich, Germany by serial entrepreneur Lin Kayser and Co-founders Michael Gallo and Duy-Anh Pham.
Since 2000 HV Capital, formerly HV Holtzbrinck Ventures, has invested in internet and technology companies through various generations of funds and is one of the most successful and financially strongest early-stage and growth investors in Europe. HV Capital has already invested in around 200 companies, including Zalando, Delivery Hero, FlixMobility and SumUp. The total of all HV Funds amounts to €1.7 billion. The company supports startups with capital between €500,000 and €50 million. This makes HV Capital one of the few venture capitalists in Europe that can finance startups through all growth phases.
About VSquared Ventures
Vsquared Ventures is a VC firm based in Munich. Backed by leading European technology entrepreneurs and family offices, Vsquared Ventures embraces technology to advance society. Past founding investments include Isar Aerospace and IQM Quantum Computers among others.
About Lin Kayser
Hyperganic CEO Lin Kayser’s entrepreneurial journey stretches back three decades. In the early 1990s he joined industrial-tech startup ARADEX to disrupt the field of high-performance industrial machine control systems with PC technology.
In 2000, Kayser and Hyperganic CTO Michael Gallo created IRIDAS, which led the digital transformation of the global film industry. Kayser and Gallo provided the software that powered the first digital cinema in the world for the postproduction of The Matrix movies. The company quickly became the industry standard for GPU-based imaging processing. IRIDAS was acquired by Adobe in 2011.
Kayser is an active mentor and board member in the German startup scene with a focus on radical innovation, sustainability and diversity. He is an early supporter and advisor for Isar Aerospace, an orbital spacecraft company, and VoltStorage, a company providing battery storage solutions for renewable energy.