Startup City
October 22, 2019
StartupCity Ranks R3 Printing Among the 15 Most Promising 3D Tech Startups of 2019
R3 Printing
Manufacturing is about to get personal.
Los Angeles, CA
Business to Business
Technology
At R3 Printing, we believe that the products in our lives should be personal. We’re bringing you R3 Printer, a high-performance 3D printer for manufacturing custom 3D-printed products at prices that can compete with mass production. Targeting the ≅$16 billion-dollar 3D printing industry, don’t miss out on this opportunity to join the 1,800+ investors that already have a stake in R3 Printing.
$1,070,000
raised
4,221
Investors
$8M
Valuation Cap
5.0%
Annual Interest Rate
$100.00
Min. Investment
18.0%
Discount Rate
Conv. Note
Offering Type
01/01/24
Maturity Date
25
Days Left
Rewards
Get rewarded for investing more into R3 Printing:
$100+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Silver Tier
We’ll feature your name on the investors page of the R3 Printing website (you can opt-out), so everyone can know that you got in early!
$1,000+
Investment
Gold Tier
Get all of the perks of Silver Tier! Plus: Limited edition R3 Printing Early investor ceramic mugs that reflect the signature design of our cornerstone product, R3 Printer.
$5,000+
Investment
Platinum Tier
Get all of the perks of Gold Tier! Plus: Get a feel for what the R3 Printer can do: we’ll send you a customized R3 Printing Early investor mini sculpture, made with carbon fiber-infused plastic, fresh off an R3 Printer pre-production unit!
$10,000+
Investment
Diamond Tier
Get all of the perks of Platinum Tier! Plus: Get to know the minds behind R3 Printing! Join us for a one-on-one Q&A with the founders to discuss the Company roadmap and the future of on-demand manufacturing.
Reasons to Invest
Top 10 Regulation Crowdfunding offering on StartEngine by number of investors, as of September 25th, 2020.
Targeting the ≅$16 billion-dollar Additive Manufacturing (3D Printing) market sector, R3 Printer’s patented systems are the key to custom 3D-printed products at prices that can compete with mass production.
Industry growth is projected at ≅$24 billion in revenue by 2022, and ≅$36 billion by 2024. Raised over $1M to date from strategic investors; backed by Ocean Accelerator, and a recipient of federal grant funding from the United States Air Force.
R3 Printing: As Featured by KingsCrowd! 🏆
R3 Printing has been featured by KingsCrowd: a San Francisco-based leading ratings and analytics provider!
KingsCrowd tracks and showcases startups raising capital across 40+ equity crowdfunding platforms including WeFunder, Republic, StartEngine, SeedInvest, NetCapital, and more. And R3 Printing is one of them!
As a team of financiers, VCs, technologists, founders, and industry experts, KingsCrowd’s goal is to build the first independent and unbiased data-driven online private market ratings and analytics platform. Their mission: to help investors identify the best deals and cut out all the noise.
3D printers are too expensive to run
Manual labor is the silent killer that keeps custom 3D-printed products priced out-of-reach in a premium product tier away from the mainstream market.
Manufacturers operating 3D printers find themselves in a bind: cheap 3D printers require lots of setup, manual labor, and expertise to run while enterprise-grade 3D printers are expensive and are locked into overpriced proprietary materials that destroy margins.
The end result, no matter which class of 3D printer is used, is that the cost of 3D printing is just too high, so custom 3D-printed products are expensive - and priced out of the mainstream market.
Custom 3D-printed products are priced out of reach
The solution seems so simple: with enough 3D printers, one could build a business offering customized products that capture market share away from their mass-produced counterparts. But a look at the custom 3D-printed products on the market today quickly reveals the issue:
While it’s clear that there’s a demand for products that are custom-made to fit the buyer, the unexpected outcome is that these are premium products available only to those who can afford them.
Mass production isn’t personal
Manufacturing techniques like injection molding are the reason we have access to so many affordable products that make our lives comfortable and convenient. By standardizing the size and shape of a product and manufacturing it by the millions, the price becomes sufficiently low that most people can afford to buy it. That’s a win, right?
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But there’s a downside: for the things in our lives that we wear, touch, or hold - usually the things that we interact with most - a standard size and shape means an imperfect fit for basically everyone.
Think about it: does it make sense that an insole that provides arch support has the same amount of arch for everyone? Of course not. But the only way around this is to manufacture using a different technology that introduces a whole new problem: cost.
Until now...
Say hello to R3 Printer
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R3 Printer is the additive manufacturing workhorse that businesses have been waiting for.
It’s designed from the inside-out to be the ultimate platform for running a scalable on-demand manufacturing service.
Radically re-engineered for performance
Patented innovations on multiple key components make R3 Printer a purpose-built powerhouse for manufacturing.
On-demand manufacturers run 3D printers for a living, so we made sure that R3 Printer not only stands up to 24x7 duty cycles, but also outperforms current market offerings:
Unrestricted long-term value
R3 Printer is an unlocked product that gives our customers a competitive advantage:
With R3 Printer, on-demand manufacturers can print with experimental thermoplastics to serve customers they would otherwise be forced to turn away if they were locked into a competitor’s material ecosystem.
For government agencies with strict security requirements, or businesses with very specific software workflow needs, R3 Printer is the solution. Our customers have the power to disable cloud connectivity yet still retain access to all operations and monitoring features over a local network.
With R3 Printer, businesses get both long-term value and out-of-the-box functionality.
Lighter printhead = faster print speeds
You can’t beat the laws of physics: a lighter printhead can accelerate and decelerate faster than a heavy one.
In the case of R3 Printer, by shedding over 80% of the weight off the printhead, combined with other optimizations, R3 Printer can achieve print speeds that are 90% faster than competing extrusion-based 3D printers.
Smaller printhead = larger print sizes
R3 Printer has a 200% larger build area than competing extrusion-based 3D printers, even though it has the same exact footprint:
A smaller printhead can utilize the full length and width of a printer’s internal volume. Unlike the competition, whose relatively large printers have very limited print sizes, R3 Printer can produce parts almost as big as itself.
Active Overheat Prevention™ virtually eliminates jams
Active Overheat Prevention™ uses an additional sensor in the printhead to monitor heat absorption and trigger a pause in printing if a critical threshold is reached:
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Common thermally-induced jams take about 45 minutes of trained labor to fix, and introduce the opportunity for operators to get burned or injured. These jams happen without warning and usually go undetected for long periods of time, often after back-to-back print jobs.
By virtually eliminating the need to repair thermally-induced printer failures, Active Overheat Prevention™ allows on-demand manufacturing businesses to operate more 3D printers with the same staff, eliminating a major cost driver of 3D-printed goods.
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Multibillion-dollar market
R3 Printing is addressing the multibillion-dollar additive manufacturing (3D printing) market sector, forecasted to surpass $23 billion in revenue by 2022:
References:
⤷ Forbes, Significant 3D Printing Forecast Surges To $35.6 Billion
⤷ Wohlers Associates, Wohlers Report “3D Printing and Additive Manufacturing State of the Industry” 2017, 2018, 2019
Double-digit growth rates
Every year, Forbes cites Wohlers Associates, the preeminent 3D printing industry research and consulting firm, highlighting consistent double-digit growth rates year over year:
Early-stage investments surpass $1 billion
Our industry invests heavily in early-stage startups that develop disruptive technology. In 2018, there were 107 early-stage investments valued at nearly $1.3 billion.
Notable events in this space also include acquisitions, where established players from related industries acquire startups as part of their strategy for entering the lucrative, but competitive, additive manufacturing (3D printing) industry.
Patents
R3 Printing has 1 granted patent, and 4 pending utility patents to protect all of the core features and mechanisms that make our products the ultimate platform for additive manufacturing.
Obtaining a granted utility patent is a rigorous process and an incredible milestone - according to a U.S. patent statistics chart, only about half of all patent applications received by the USPTO are granted.
Utility patents secure a higher level of protection for intellectual property, and are a major distinction from ‘provisional’ patents used by many startups.
In a competitive and rapidly-expanding field like 3D printing, investing in intellectual property is essential to protecting the valuable research and development that goes into innovation, thereby increasing the value of the company.
Other Intellectual Property
R3 Printing has 4 registered federal trademarks and 2 pending trademark applications to protect our products and our brand as the standard-bearer for on-demand manufacturing technology.
Branding is more than just a logo, it’s how people experience us and our business, and we know the importance of protecting it.
Testing Partners
R3 Printing is excited to be partnered with several companies that are eager to test the next generation of additive manufacturing technology:
We’re thrilled to partner with Modularity Space, a Florida-based aerospace company developing a suite of scalable and affordable satellites and spacecraft.
Modularity Space seeks to leverage R3 Printer’s advanced capabilities by using experimental metal-infused materials to bring affordable low-earth and geosynchronous orbits to the world.
Additional testing partners in our pipeline include:
Li-Leger Creative | Vancouver, BC | Product design and manufacturing
Obsessively Geek | New York, NY | On-demand manufacturing
Forge Manufacturing | Jacksonville, FL | On-demand manufacturing and digital design
Halo Aerospace | West Palm Beach, FL | Aerospace R&D
State & Federal Grant Funding
R3 Printing is a proud recipient of a Small Business Innovation Research (SBIR) federal government grant, in partnership with AFWERX and the United States Air Force (USAF).
In addition, R3 Printing has partnered with Defense Innovation Lab (DiLab) for a New York State-funded joint research and development initiative, funded by a Manufacturing Technology Assistance Grant (MTAG).
Note: The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.
The partnership potential with the USAF and other defense end-users represents part of a multibillion-dollar opportunity as they move to adopt additive manufacturing technology to save costs and increase operational readiness.
References:
⤷ American Institute of Physics (AIP), “FY20 Budget Request: DOD Science and Technology”
⤷ United States Congressional Budget Office (CBO), “Long-Term Implications of the 2020 Future Years Defense Program”
Incubators, Accelerators, and Venture Capital
R3 Printing is a proud alumnus of OCEAN Accelerator Class IV, a highly selective Cincinnati-based technology accelerator that only accepts up to 10 startups in its annual cohort and deploys seed-stage capital to each of its portfolio companies.
In addition, R3 Printing has had the pleasure to partner and grow with FutureWorks - a hardware and advanced manufacturing incubator funded by the New York City Economic Development Corporation (NYCEDC).
The R3 Printing Leadership Team are also proud alumni of Y Combinator’s Startup School program, of which less than 25% of participating companies graduated in 2019.
We know the importance of having a clearly-defined target market and a focused approach to capturing it. While our total addressable market includes all businesses and entities that use 3D printers as a key part of their operations, we’ve segmented our market capture strategy into three phases in order to maximize our market penetration:
By systematically entering and saturating a market segment before progressing to the next one, we operate efficiently and avoid wasting valuable resources pursuing high-lift relationships prematurely.
Phase 1: Our initial target market consists of On-Demand Manufacturing businesses (ODMs). ODMs are businesses that offer 3D printing services as a sole or primary means of revenue.
Specifically targeting ODMs as our initial target market is important. These businesses are eager to lower their overhead labor costs and increase their output capacity, and are experts in the field of 3D printing. They’ll more readily understand the value proposition of our product ecosystem, and we can close sales with lower customer acquisition costs.
Phase 2: After sufficiently saturating our initial target market, we’ll expand our sales coverage to include other businesses such as engineering, architecture, and product design firms. These entities don’t solely rely on profits from selling manufacturing services, and they’ll likely require more marketing resources to convert into closed sales.
Phase 3: Up next are large enterprises, including universities. These entities typically enter complex, multi-year relationships with their technology partners. Although lucrative, the high-lift process to getting a signed contract requires significant sales, legal, and customer success teams to meet the support requirements of these agreements.
Initial Target Market Location - North America
North America (specifically, the US and Canada) leads the world in the adoption of 3D printing technology, representing 37.1% of industrial 3D printer sales worldwide:
Over $2.6 billion dollars’ worth of 3D printers were sold globally in 2018, of which $974 million were sold in North America alone. This opportunity, combined with minimized shipping and associated export costs, makes it the logical geographic starting point for market capture.
Design for Manufacture / Design for Assembly
R3 Printer is currently in the Design for Manufacture / Design for Assembly (DFM / DFA) stages of the product engineering lifecycle. This means that we’re revising the design of various systems and components to reduce the cost of manufacturing and assembly of our products.
For example, we discovered that by revising the chassis design of R3 Printer to be aluminum instead of stainless steel we’ll save over 25% per unit in manufacturing costs - without sacrificing performance or durability.
Similar changes across our product line will ensure that each and every product and component is designed to maximize performance while also maximizing profitability - helping us become the standard-bearer for on-demand manufacturing technology.
Premium Cloud Features
As we progress through the stages of our market capture strategy and pursue contracts with larger enterprises, we anticipate a need for cloud features that go beyond what we would offer as a default suite of functionality.
To fill this need, we plan to build and offer premium cloud features on a subscription basis.
Future Products
We have big plans for R3 Printing, and our roadmap goes far beyond our launch product.
We didn’t just design a better 3D printer, we developed a future-focused platform for the ultimate additive manufacturing ecosystem:
R3 PrintGrid™ is the solution for customers with extreme manufacturing capacity needs. By stacking R3 Printer units vertically and connecting them to a shared water cooling loop and power delivery system, these customers can operate even more efficiently by manufacturing more parts per square foot in their factories than ever before.
We’re not the first to introduce an enterprise-grade 3D printer to the market, but we are the first to introduce a 3D printer that’s designed from the inside out for businesses that operate on-demand manufacturing services.
R3 Printer is the only product that checks all the boxes for our target market:
On-demand manufacturers operating a fleet of 3D printers currently have three tiers of products to choose from, none of which are optimized for running a profitable business:
Budget 3D Printers: This is a popular starting point, and the route that many businesses take. The main benefit is that one can start their business with a lower upfront investment, but the operators are permanently left with limited print sizes and slow print speeds. Out-of-the-box, this tier of 3D printer requires either lots of maintenance or heavy modifications that need real engineering knowledge to implement.
By operating a fleet of budget-tier 3D printers, businesses are left with a limited customer base and potentially high overhead labor costs.
High-End Consumer (“Prosumer”) 3D Printers: An upgrade to high-end consumer (“prosumer”) 3D printers doesn’t yield many more benefits, especially given the larger initial investment. For the most part, these printers offer slightly improved (but still limited) print sizes, improved out-of-the-box reliability, and some convenient features like network connectivity - though not necessarily cloud-based fleet management. At the end of the day, the higher upfront investment in these 3D printers compared to their ability to generate more revenue isn’t that great.
Therefore, most on-demand manufacturing services still opt for budget-tier 3D printers and simply put up with their shortcomings and/or invest in their modification.
(Current) Enterprise-Grade 3D Printers: Current enterprise-grade 3D printers typically begin above the $10k price point, offer larger print sizes, and additional software management features. At first glance, they seem like a great platform for running an on-demand manufacturing service. Unfortunately, customers of these products are typically locked into proprietary material supplies controlled by the manufacturer that strip away profits in the long-term, and stretches out the timeline to recoup the large initial investment.
By operating a fleet of (current) enterprise-grade 3D printers, businesses are left with a high initial investment to recoup and often a locked materials supply that limits their ability to price themselves competitively.
The case for an unlocked materials supply
Many enterprise-grade 3D printers lock their customers into a proprietary material supply. This has major ramifications for the businesses that operate them. Not only are the proprietary materials priced far above market rate, they also prevent the operators from using new and experimental materials from other suppliers, further hurting their businesses by limiting their addressable market.
R3 Printing pledges to never lock its products to a particular material or software ecosystem. Instead, we plan on building additional streams of revenue by allowing our customers to opt-in to additional services and features that add value to their businesses, but they will never be forced to do so.
Our research shows that this is a key part of long-term customer retention, and we’re making it a big part of our strategy for capturing market share.
The Leadership Team
Petra and Paul are passionate entrepreneurs with track records in engineering, technology, and digital marketing.
Petra is a worldly executive with a track history in digital marketing and the media industry. Her global background includes growing up in Switzerland, a year abroad in Spain and Australia, as well as a year abroad in China while pursuing her degree at New York University, from which she graduated with honors. Her multilingual skill set includes French, Spanish, German, and Mandarin.
Her drive has led her to success across multiple companies including tenures at Walt Disney ABC Television, and Amnet Group - the programmatic digital marketing subsidiary of Dentsu Aegis Network, and is now leading R3 Printing’s growth strategy.
Paul grew up with a passion for invention and automation. At Morgan Stanley, he was instrumental in developing macros that cross-checked his entire team’s work in an otherwise manual and error-prone environment. He was then recruited to work in the technology division of the world’s largest hedge fund, where he was the architect behind a firm-wide overhaul of automated alerting capabilities.
Paul is the inventor behind the patented features that make R3 Printer the additive manufacturing platform of the future.
Join Us.
Together, we’ll disrupt a $16 billion-dollar industry and usher in a new era of customized products that are manufactured on-demand, just for you.
Follow R3 Printing
We’d love to stay in touch! Give us a Like, Follow, or Subscribe on the social media platform of your choice:
In the Press
TCT Magazine
July 23, 2019
Defense Innovation Lab to support 3D printing technology development at R3 Printing
Crowdwise
R3 Printing Interview with Founder/CEO Paul Sieradzki: Equity Crowdfunding & 3D Printing StartEngine
Offering Summary
Company | : | R3 Printing, Inc. |
Corporate Address | : | 145 South Fairfax Avenue, Suite 200, Los Angeles, CA 90036 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $100.00 |
Terms
Offering Type | : | Convertible Promissory Notes |
Type of Equity Converted Into | : | Non-Voting Common Stock |
Conversion Trigger | : | $1,000,000.00 |
Maturity Date | : | January 01, 2024 |
Valuation Cap | : | $8,000,000.00 |
Discount Rate | : | 18.0% |
Annual Interest Rate | : | 5.0% |
What is a Convertible Note?
A convertible note offers you the right to receive Non-Voting Common Stock in R3 Printing, Inc.. The amount of Non-Voting Common Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $1,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $8,000,000.00 Valuation Cap or if less, then you will receive a 18.0% discount on the price the new investors are paying. You also receive 5.0% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Non-Voting Common Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).
*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below.
Bonus Rewards
Get rewarded for being an R3 Printing Early Investor!
- 10% Early Bird Bonus
- Invest in R3 Printing in the first 10 days and receive an extra 10% increase in your investment!
- $500+
- Silver Tier: We’ll feature your name on the investors page of the R3 Printing website (you can opt-out), so everyone can know that you got in early!
- $1,000+
- Gold Tier: Get all of the above! Plus:
- Limited edition R3 Printing Early investor ceramic mugs that reflect the signature design of our cornerstone product, R3 Printer.
- $5,000+
- Platinum Tier: Get all of the above! Plus:
- Get a feel for what the R3 Printer can do: we’ll send you a customized R3 Printing Early investor mini sculpture, made with carbon fiber-infused plastic, fresh off an R3 Printer pre-production unit!
- $10,000+
- Diamond Tier: Get all of the above! Plus:
- Get to know the minds behind R3 Printing! Join us for a one-on-one Q&A with the founders to discuss the Company roadmap and the future of on-demand manufacturing.
*All perks occur when the Offering is completed.
The 10% Bonus for StartEngine Shareholders
R3 Printing, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 5.5% instead of 5%.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the Company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the Offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
The Company will not incur any irregular use of proceeds.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$305,317.00
USD
$81,780.00
USD
Cash And Cash Equivalents
$272,512.00
USD
$63,200.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$19,000.00
USD
$0.00
USD
Long Term Debt
$50,000.00
USD
$50,000.00
USD
Revenues And Sales
$0.00
USD
$0.00
USD
Costs Of Goods Sold
$0.00
USD
$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$172,172.00
USD
-$79,396.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Notice of Material Change in Offering
about 1 month ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the R3 Printing offering. Here's an excerpt describing the specifics of the change:
R3 Printing extended its campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Notice of Funds Disbursement
3 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, R3 Printing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in R3 Printing be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Notice of Funds Disbursement
3 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, R3 Printing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in R3 Printing be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
R3 Printing: Oversubscribed at $1.07M! 🎆🎉
3 months ago
R3 Printing has been full steam ahead - and it's not going unnoticed - this week (as of October 8, 2020), R3 Printing is at the top of StartEngine's home page in the Most Popular category!
In case you missed it: last week we hit our maximum funding goal of $1.07M in under 2 hours since raising the cap! This puts the latest R3 Printing round on StartEngine at the (current) $1.07M Reg. CF limit in a tremendous show of demand, momentum, and commitment from the early investing community!
This level of passion and enthusiasm in the equity crowdfunding community is really exciting to see, and we're honored to have such strong support from each and every one of our R3 Printing Early Investors! We look forward to keeping up this incredible level of momentum as we cross milestone after milestone and share exciting updates with the early investing community.
Screenshot of the StartEngine home page, on October 9, 2020! 🎉
The Waitlist is Still Open! 🙋♂️🙋♀️
Our StartEngine campaign is currently oversubscribed, but you can still add yourself to our waitlist in order to invest for the first time or even add to your investment! The big green button that used to say 'Invest Now' at the top of our page now says 'Join The Waitlist' - just click there and you'll be on your way! 🖱
We wanted to give the early investing community plenty of time to get in on this opportunity, so if you're not yet an R3 Printing Early Investor, it's not too late! There's still time to get on the waitlist! Our oversubscribed status doesn't necessarily mean that you missed your chance to get in early on R3 Printing... it's possible that investments beyond $1.07M eventually get accepted. As you may have already heard, the SEC has proposed to raise the Reg. CF cap beyond $1.07M to $5M!
We would love to have all of you on board, so be sure to keep an eye out for updates and make sure you're following our campaign page!
Until next time!
- The R3 Printing Team
R3 Printing Raises $435k in Less Than 2 Hours! 🤯📈
4 months ago
It's our pleasure to announce that today, the R3 Printing campaign on StartEngine raised over $435k in under two hours - putting us at the (current) $1.07M Reg. CF limit in a tremendous show of demand, momentum, and commitment from the early investing community!
This overwhelming wave of support comes from each and every one of our R3 Printing Early Investors, and we have every single one of you to thank for it. Many of you have expressed your gratitude for our hands-on approach to this campaign and for the detailed updates, and we couldn't be happier to hear it. We're absolutely thrilled to share our journey and our successes with you, and we'll keep them coming!
Building the Future, Together. 🤝
More than just an impressive achievement, this fundraising round serves as an important anchor in our climb towards building R3 Printing into a leader of the fast-growing ~$16 billion-dollar 3D printing industry.
Funding rounds are about more than just money, they're an incredible journey in community-building. The opportunity we've had to interact directly with a community of engaged investors is one that's unique to the equity crowdfunding world, and we're grateful for the tremendous support the StartEngine community has given us in sharing our vision for a customized, 3D-printed future throughout this campaign.
From all of us at R3 Printing: Thank You!
The Waitlist is STILL OPEN! ✅
The R3 Printing campaign's Oversubscribed status doesn't mean that you missed your chance!
Waitlisted investments make it in all the time, accepted on a first-come-first-serve basis should any investments fall through. So don't miss this opportunity to commit to an investment!
Also, as you may have already heard, the SEC has proposed to raise the Reg. CF cap beyond $1.07M to $5M!
We would love to have all of you on board, so be sure to keep an eye out for updates and make sure you're following our campaign page!
Until next time!
- The R3 Printing Team
Notice of Material Change in Offering
4 months ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the R3 Printing offering. Here's an excerpt describing the specifics of the change:
R3 Printing extended its campaign and increased its maximum raise amount.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Beating the Odds: R3 Printing is Granted a Third Patent! 🏅🤓
4 months ago
September greetings, everyone! 🍂
We're incredibly proud to share with our R3 Printing Early Investors and with those following us from within the StartEngine early investing community that R3 Printing's third patent application has been accepted and granted by the United States Patent and Trademark Office (USPTO)!
It's official: R3 Printing is beating the odds. 👊
From our initial round of utility patent applications, three out of four have been granted. According to a U.S. patent statistics chart, only about half of all utility patent applications received by the USPTO are granted, which means that R3 Printing has officially beaten the odds. Not only is it an incredible milestone, it's literally an extraordinary achievement.
Since our initial round of applications, we're proud to have continued to innovate and we now have four more patent applications pending in addition to our three granted patents - with plans for several additional applications in the future. On top of our robust patent pipeline, R3 Printing also has four registered federal trademarks and two pending trademark applications to protect our products and our brand as the standard-bearer for on-demand manufacturing technology. The R3 Printing brand is more than just a logo, it's how people experience us, our business, and the future of on-demand manufacturing - and we know the importance of protecting it.
It takes a strong team. 💪
The process of writing, filing, and most importantly - waiting - for the USPTO to review a patent application and respond to the applicant is a complex, multi-year process. Having the resources, getting started early, and successfully navigating the world of intellectual property isn't for the faint of heart. Not to mention, you need to be innovative to begin with.
As CEO and COO respectively, Paul and Petra's leadership, passion, and experience have been at the heart of R3 Printing's nonstop successes so far. A technical founder, Paul studied engineering mechanics at Columbia University and honed his skills in operations and automation at both a top investment bank and the world's largest hedge fund. Petra brings her global experience to the table, using her track history in digital marketing and the media industry to become a key driver behind our oversubscribed equity crowdfunding campaigns and partnerships. Petra graduated from New York University with honors, and her multilingual skill set includes French, Spanish, German, and Mandarin.
Also behind our innovation and engineering prowess is Sarah Pavis, a full-stack mechanical engineer with over ten years of product engineering in both the U.S. and China. Capable of working end-to-end across the product development pipeline, Sarah has previously developed industrial and consumer hardware products at startups and large companies alike.
Supporting and defending our intellectual property initiatives is Matthew G. Miller, a New York-based intellectual property attorney and the founding partner of a firm located in Manhattan's Financial District. Matthew received his JD degree from the University of Michigan Law School and holds a BS in Chemistry from the University of Chicago.
It's all about strategy. 📈
In a rapidly-expanding field like the ~$16 billion-dollar 3D printing industry, investing in intellectual property (aka "IP") is essential to protecting the valuable R&D that goes into innovations like ours, creating a barrier between us and any future competitors, and increasing the value of the company.
It's not just about products, it's about vision - and at R3 Printing, we're always thinking ahead.
We're thrilled to be able to share this achievement with our R3 Printing Early Investors as well as with the StartEngine community, and we look forward to sharing more exciting updates soon!
As always, there's more to come. So until next time...
- The R3 Printing Team
Notice of Material Change in Offering
5 months ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the R3 Printing offering. Here's an excerpt describing the specifics of the change:
Extended length of campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
R3 Printing: Another United States Utility Patent Granted! 💡🏆
6 months ago
July greetings, everyone! We're thrilled to share our latest update with our R3 Printing Early Investors and with those following us from within the early investing community!
In a rapidly-expanding field like the ~$16 billion-dollar 3D Printing / Additive Manufacturing industry, investing in intellectual property is not only essential to protecting the valuable R&D that goes into innovations like ours, but also to creating a barrier between us and any future competitors, and of course increasing the value of the company. The patent application process is a rigorous one, and greatly separates companies that have granted patents from those that do not.
On the topic of granted patents… we're incredibly proud to share that R3 Printing has been granted another patent by the United States Patent and Trademark Office (USPTO)! 🎉
Intellectual Property is Key 🔑
The future of manufacturing is agile, and 3D printers are the only agile manufacturing technology. It seems that as the world shifts towards agility, market observers are starting to take an ever-closer interest in the 3D printing industry - especially its patents. As an example, this recent article on Bloomberg notes the industry's fast growth and 3D printing's place as the future of manufacturing.
Don't Get Left At The Door! ⏳🚪
It's been a blockbuster summer for R3 Printing, and there are no signs of us slowing down!
Our campaign is currently oversubscribed, but you can still add yourself to our waitlist in order to invest for the first time or even add to your investment! The big green button that used to say 'Invest Now' at the top of our page now says 'Join the Waitlist' - just click there and you'll be on your way! Stay safe, and until next time...
- The R3 Printing Team
Notice of Funds Disbursement
6 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, R3 Printing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in R3 Printing be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
![R3 Printing: The Power of Patents [IMAGE 1]](https://d19j0qt0x55bap.cloudfront.net/production/startups/5e49911b499ed5099dd91f21/campaign/images/desktop_bca851a1-1c47-4ce1-82ea-7ff2d215a2ee.png)
![R3 Printing: The Power of Patents [IMAGE 2]](https://d19j0qt0x55bap.cloudfront.net/production/startups/5e49911b499ed5099dd91f21/campaign/images/desktop_85d8408c-7e45-4ff1-b114-8c264737489c.png)
![R3 Printing on StartEngine: Over 1000% Funded! [Fireworks GIF]](https://d19j0qt0x55bap.cloudfront.net/production/startups/5e49911b499ed5099dd91f21/campaign/images/desktop_3e2f5235-bb0c-4a68-80b3-266e282999e7.gif)
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