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.
Pixabay
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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