9T Labs has raised 4.3 million dollars in a financing round. The spin-off from the Swiss Federal Institute of Technology in Zurich is developing a 3D printer for carbon composite parts.

The startup company 9T Labs has secured 4.3 million dollars of seed funds in a financing round. Investors included WingmanVentures, investiere.ch and the Technology Fund, announced a statement on startupticker.ch. The startup is also supported by a European Space Agency program. 

9T Labs was founded in 2018 as a spin-off from the Federal Institute of Technology (ETH) in Zurich. The company is developing a 3D printer to produce carbon composite parts. Stronger than steel but five times lighter, as the ETH wrote in a previous statement, carbon is in demand for aeroplane construction, prosthetics and implants. There is one problem: resource-heavy production processes lead to high prices. 9T Labs’ 3D printing process is the solution. 

With the seed funds, the startup plans to finalize development and launch the first 3D printer on the market. 

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