Filabot & Massive Dimension Secure Seed Investment to Revolutionize Additive Manufacturing

Barre, VT - December 3, 2024 - Triex, the parent company of Filabot and Massive Dimension, proudly announces the successful initial closing of a $1.5 million seed investment round. This strategic funding marks a significant milestone for both brands as they continue to push the boundaries of additive manufacturing and sustainable production technologies.

The investment round was led by FreshTracks Capital, with participation from the CORI Innovation Fund, the Dudley Fund, the Lever Fund, and the Burlington Telecom Innovation Fund. Their collective support reflects strong confidence in Triex's vision to transform manufacturing through scalable, sustainable, and cutting-edge solutions.

"This investment is a testament to the strength of our technologies and the trust our investors place in our vision for the future of manufacturing," said Tyler McNaney, CEO of Triex "With this funding, we will continue to empower industries to innovate, reduce waste, and adopt sustainable practices."

In addition to securing the funding, Triex has hired Paul Lesure as its Chief Commercial Officer (CCO). Lesure brings extensive expertise in driving sales growth, building customer relationships, and leading strategic initiatives. His leadership will play a crucial role in expanding the company's market presence and delivering innovative solutions to clients worldwide. "This team has demonstrated its ability to partner with major Robot OEMs in bringing innovative value-added solutions to market, while selling to a variety of A-List customers who are leveling up their manufacturing capabilities," noted FreshTracks Managing Director Lee Bouyea, lead investor in the round. "FreshTracks sees huge upside for Triex because it allows clients to build more flexibility into and exercise more control over their supply chains, all while saving significant time and money."

Expanding Innovation Across Industries

Filabot, a leader in 3D printing material extrusion and recycling, enables businesses, researchers, and innovators to develop sustainable materials and close the loop on waste. Meanwhile, Massive Dimension focuses on high-impact applications, offering robotic additive manufacturing solutions for industries ranging from aerospace to construction. The seed investment will be used to:
Expand the sales and engineering teams to support rapid customer growth. Enhance product
development, including new Filabot recycling solutions and Massive Dimension's multi-material,
robotic printing capabilities. Increase production capacity to meet rising demand in North
America, Europe, and Australia. Support partnerships with Fortune 500 companies and leading
robotics OEMs.

A Vision for the Future

With a combined mission of sustainability, innovation, and scalability, Filabot and Massive Dimension are poised to lead the transformation of traditional manufacturing into more efficient, eco-friendly processes. Fortune 500 companies and industry leaders have already shown interest in leveraging these technologies to achieve substantial cost savings and operational improvements.

"This funding positions us to expand our reach, continue delivering industry-leading solutions, and remain at the forefront of additive manufacturing innovation," McNaney added.

Triex
81 Parker Rd.
Barre, VT 05641

Name: Josh Allen
Phone: 802-505-6772 x0016
Email: jallen@massivedimension.com

About Triex
Founded in Barre, VT , Triex owns and operates Filabot and Massive Dimension, two industry leaders in additive manufacturing. Filabot specializes in extrusion and recycling technologies for 3D printing, while Massive Dimension delivers robotic and large-format printing solutions. Together, they empower industries to rethink manufacturing with scalable, sustainable solutions.

For more information, visit www.filabot.com and www.massivedimension.com.

This release was published on openPR.