The startup arm at Intellectual Ventures formed a joint venture with NTU’s innovation and enterprise company NTUitive
ISF Incubator announced that it has formed a joint venture with NTUitive, the innovation and enterprise company of Nanyang Technological University (NTU) in Singapore to form a new 3D printing startup called Secur3DP+.
Secur3DP+ is a startup that brings additive manufacturing to global companies by providing a supply chain hub for 3D printing. The system is built on a blockchain solution.
Secur3DP+ will be initially funded by a contribution of seed capital from ISF Incubator. It also has partnered with NAMIC (the National Additive Manufacturing Innovation Cluster led by NTUitive) to tap into the country’s thriving startup and 3D printing ecosystem.
Secur3DP+ claimed that it has acquired certain patents and patent applications related to 3D printing and it has access to NTU’s expertise in 3D printing and blockchain. With Secur3DP+, additive manufacturing is intended to be a viable option for more companies through the creation of a global 3D printing network that will connect companies with vetted service providers.
Secur3DP+ allows secure workflow solutions through validation and authorisation of all projects, ensuring the right products are created and delivered in the most cost-effective way, and it enables startups and multi-national corporations to protect and track their IP assets.
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“Our partnership with NTU gives us access to one of the region’s top technology institutions,” said Jerome Hewlett, vice president and head of Asia business development for ISF. “We will continue to look for strong local entrepreneurs to lead other companies throughout the region.”
“Our company is filling a critical gap in the mass adoption of 3D printing,” said Eng Kiat Low, CEO of Secur3DP+. “By creating a global ecosystem of trusted partners, we hope to accelerate the adoption of 3D printing and allow businesses all over the world to get the products they need and do so securely, anytime, anywhere.”
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