en.Wedoany.com Reported - US-based Phase3D has closed an oversubscribed $2.9 million funding round led by Quest Venture Partners. Concurrently, Ray Farrell has joined the company's board, bringing over 25 years of experience in providing intellectual property strategy and business growth consulting to technology companies.
Phase3D founder and CEO Niall O’Dowd stated that this investment will accelerate the adoption of real-time quality inspection in additive manufacturing. The company reported that the funds will be used to expand manufacturing capabilities, enhance software and data science capacities, and increase deployment numbers for enterprise and government clients.
Phase3D's core product, Fringe Inspection, uses structured light measurement technology to capture height map data layer by layer during the metal powder bed fusion process. This technology enables manufacturers to observe the build process in real time, with clients using the data to assess powder bed uniformity, detect recoater interactions, analyze spatter deposition, and evaluate internal geometries.
The company currently serves 25 enterprise clients across the aerospace, defense, and industrial markets. Active collaborations include NASA, the U.S. Air Force, and the U.S. Navy. Farrell, who joined the board as part of this funding round, noted that the company's existing customer base was a key factor in his decision to join. He stated that when the Phase3D opportunity arose, the early customer traction was very prominent, with major aerospace and automotive clients, while addressing high-level initiatives from the Air Force, Navy, and NASA, which was special.
Phase3D's Chief Operating Officer and Chief Financial Officer Ben Ferrar described this funding as the beginning of a new operational phase. He stated that the company has experienced several distinct growth stages at Phase3D, initially focusing on developing technology to ensure robust and repeatable measurements for metal additive manufacturing, then shifting focus to deploying products to clients and converting measurement data into meaningful decisions. Currently, this investment enables the company to scale manufacturing as it works to become the industry standard for in-situ inspection. The company reported plans to transition from a high-mix custom build model to standardized batch manufacturing.
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