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US's Thornton Tomasetti takes stake in French 3D printing firm Xtreee

The New York City-HQ'd engineering consultancy has previously worked on Dubai's Office of the Future

Thornton Tomasetti is HQ'd in New York City.
Thornton Tomasetti is HQ'd in New York City.

New York City-headquartered engineering consultancy Thornton Tomasetti has invested in French 3D printing firm Xtreee as part of the Paris-based technology firm’s latest round of funding.

The investment came from Ttwiin Investment Partners, Tomasetti’s investment arm, and was combined with financing from Shibumi International – a subsidiary of Gulermak Heavy Industries – and a commitment from existing investor Vinci Construction.

The terms of the transaction were not disclosed.

Commenting on the move, president of Thornton Tomasetti, Ray Daddazio, said: “3D printing has moved rapidly from [research and development] labs to the field, and we are currently collaborating on multiple projects in the Middle East, Africa, and North America. 

“This investment [...] is yet another step in Thornton Tomasetti’s journey to toward becoming a global leader in innovation in the [architecture, engineering, and construction] industry.”

Founded in 2015, Xtreee offers large-scale additive manufacturing services, primarily in concrete. 

According to a statement by Tomasetti, the Paris-based firm is currently “helping to open a new production unit in the [UAE]”, where a major commitment to 3D printing aims to use the technology in 25% of new construction by 2025.

In 2015, Tomasetti was part of the team that developed the Office of the Future, a 186m2 building in Dubai concept-designed by Gensler and created using a 6m-tall 3D printer.

Tomasetti's other projects include a pavilion and public plaza designed by Shop Architects that served as the entrance to the 2016 Design Miami Fair.

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May 04, 2020