Seed Capital Bizkaia acquires a stake in ADDILAN’s capital, a leading company in the additive manufacturing industry market.
Addilan, the added value of WAAM technology
ADDILAN, a company founded in 2016 by MAHER Holding and ONA Electroerosión, is dedicated to the design, manufacture and marketing of machines and additive parts with a high input rate using WAAM (Wire Arc Additive Manufacturing) technology. The added value of this specific technology used, unlike other techniques, lies in the possibility of working with all the materials used in welding, as well as manufacturing larger pieces and achieving higher input rates (speed).
New partners for internationalization
The entry of Seed Capital Bizkaia, together with the Basque Venture Capital Fund (SPRI) and Tecnalia, in the capital of the company, will make possible to promote the growth of Addilan as well as its internationalization in the market of machines and parts with high added value and medium-large size, for various industrial sectors such as aeronautics, energy and naval, among others. Amagoia Paskual, CEO of Addilan values the operation very positively and adds that “from the beginning they were very clear that they wanted partners who would support the potential of this technology”.