Design Engineering – March-April 2019

March/April | 2019 http://www.design-engineering.com

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DesignNews

Canada Supercluster

announces first

cohort of projects

C

anada’s Digital Technology Supercluster announced its

first seven projects, totalling $40 million in investment

over three years, comprised of $15 million from the superclu-

ster and more than $25 million from industry, research and

academic partners.

The first cohort is focused on advancing Canada’s develop-

ment and application of digital technologies to solve some of

the most pressing challenges in the natural resources, health-

care, and industrial sectors. These projects can strengthen the

early detection and treatment of skin cancers, improve the

prediction of manufacturing failures and analyze the economic

and enviromental impacts of resource projects.

Each project is industry-led, with each project team includ-

ing five to nine partners collaborating to tackle ambitious

technology development challenges that require their collective

expertise to solve. The partners leverage British Columbia’s

and Canada’s powers in data analytics, genomics, quantum

computing, as well as virtual, mixed and augmented reality.

The seven projects approved under the Technology Lead-

ership Programs include the Learning Factory Digital Twin;

Predictive Analytics for Manufacturing Processes; Forest

Markforged raises

$82 million round

M

arkforged announced it has closed an $82 million Series

D round of funding led by Summit Partners with par-

ticipation from existing partners, including Matrix Partners;

M12, Microsoft’s Venture Fund; Next47; and Porsche SE.

The company says it will use the additional capital to

help accelerate its product roadmap, including the intro-

duction of mass production printers and new materials. The

capital will also be used to enhance the company’s global

expansion plans and strengthen its foothold among global

manufacturers.

“Markforged set out to change the pace of human inno-

vation by enabling engineers, inventors and manufacturers

to print industrial-grade

parts at a fraction of the

time and cost of tradi-

tional methods,” said

Greg Mark, CEO and

co-founder of Mark-

forged. “We’re very excited

to have Summit join us as

we help accelerate the next

industrial revolution with

broadly accessible and

reliable 3D printing.”

Prior to this round,

Deloitte named Mark-

forged the 10th fastest growing technology company in North

America, while Forbes named the company to its Next Billion

Dollar Startup list. The company has amassed a large installed

base among leading manufacturers and other types of busi-

nesses that benefit from additive capabilities. Markforged

shipped more than 2,500 industrial printers in 2018 and

serves customers in more than 50 countries. It has also filed

for 133 patents with 38 already issued.

https://markforged.com

Machinery Connectivity; Earth Data Store; Tailored Health

• Pharmacogenetics; Dermatology Point-of-Care Intelligent
  Network; and Secure Health & Genomics Data Platform.
  “Canadian businesses face new challenges, but also new
  opportunities presented by the Fourth Industrial Revolution,”
  said Charles Lavigne, CEO and Co-founder of LlamaZOO
  Interactive. “By integrating technologies including AI, simu-
  lation, IIoT, big data fusion and visualization, we can invent
  new ways of digitally twinning the manufacturing process.
  These digital twins will then be used to derive new meaning-
  ful insights, enhance the learning process and accelerate not
  only business outcomes but also educational outcomes for
  Canadian industries.”
  http://www.digitalsupercluster.ca

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