July 19th, 2017

Corporate News Release

July 19, 2017

 

Atlas 3D Awarded Elevate Ventures’ High-Potential Startup Grant

PLYMOUTH, Ind., – Atlas 3D, a company based in Plymouth, Indiana, has been awarded an Elevate Ventures High-Potential Startup Grant (HPSG). Atlas 3D specializes in making black art of designing 3D printed parts easy and predictable.

Elevate Ventures provides HPSGs to help entrepreneurs overcome hurdles to attain a specific measurable milestone. This pre-seed program awards up to $25,000 to high-potential startups in regions where communities have invested in entrepreneurism.

“We are impressed and excited about the growing focus and initiatives we are seeing in North Central Indiana,” said Elevate Ventures Chief Executive Officer Chris LaMothe. “The regional partnership, with a highly-engaged Notre Dame, creates unique energy and synergies.”

This HPSG will allow Atlas 3D to quickly make the transition from development to commercialization. Funds will help perfect their intellectual property position and move the current, on-premise version of its software into the cloud, with the help of another Elevate Ventures company, Trek10. Turning the software into a cloud-based service makes it more accessible to a much greater number of design engineers and allows Atlas 3D to scale up indefinitely in a manner that will be much more efficient.

Atlas 3D’s software was developed as the result of a competitively awarded $1.6 million grant from America Makes, a government funded effort to advance American Manufacturing, particularly around additive manufacturing, commonly known as 3D printing. The team of engineers collaborated with the University of Notre Dame, the University of Pittsburgh and DePuy (a division of Johnson & Johnson) to create a software tool that filled a key gap in this developing industry.

“Atlas 3D, like many new technology companies, has a window of opportunity. In most cases, if the company is solving a real problem for its target customers, that window will eventually close as others will begin to develop solutions to that problem,” said Atlas 3D Chief Executive Officer Chad Barden. “The HPSG has dramatically reduced Atlas’ time to market and has significantly increased the probability of our long-term success.”

Atlas 3D has reduced the black art of designing parts for 3D printing to software, by taking the real-world experience of more than 250 of the most experienced design engineers and developing code that makes such design work easy and predictable.

Atlas 3D now has three employees and will launch their product as an easily and affordably accessible, cloud-based solution later this summer.

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Media Contacts
Chad Barden (Atlas 3D) – 574.933.3478 or chad@atlas3d.xyz
Alisha Estabrook (Elevate Ventures) – 317.975.1917 or aestabrook@elevateventures.com

 

 

About Atlas 3D:

Atlas 3DAtlas 3D provides software that makes black art of designing 3D printed parts easy and predictable. The software automatically generates parametric designs of functional support structures for metal alloy feedstocks for 3D Printing. Specifically, the plugin orientates your model based on heat transfer and expert knowledge using algorithms. Learn more about Atlas 3D at atlas3d.xyz.

 

About Elevate Ventures:

Elevate Ventures LogoElevate Ventures is a private venture development organization that nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. Elevate Ventures accomplishes this by providing access to capital, rigorous business analysis and robust advisory services that connect companies with the right mix of resources businesses need to succeed long-term. Learn more about Elevate Ventures at elevateventures.com.

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