Venture fund Voshod has invested 250 million rubles in Am.Tech, a Russian manufacturer of industrial 3D printers, as part of a larger funding round aimed at scaling domestic production capabilities in additive manufacturing.

Target Information

Am.Tech is a domestic developer and manufacturer of industrial 3D printers and proprietary software for metal powder printing. The company has recently secured an investment of 250 million rubles from the venture fund Voshod, as confirmed by sources from both Voshod and Am.Tech. This funding is part of a larger investment round aiming to reach a total of up to 600 million rubles, which may also include contributions from individual investors through the investment platform Aurora, established by the fund in 2025.

The funds raised will be utilized to transition from the experimental production stage of its own models to scaling up the supply of fully assembled 3D printers within Russia. Key focuses for the investment include completing the localization of components, conducting R&D, and increasing the capabilities of their manufacturing center. Am.Tech has already developed two industrial 3D printer models, AMT-16 and AMT-32, which are designed for producing metal parts used in aerospace, energy, and medical devices.

Industry Overview

The additive manufacturing market in Russia is experiencing significant growth, with a baseline scenario established by the Ministry of Industry and Trade predicting a market size of 13.2 billion rubles by 2030. However, it is reported that the 2023 market value has

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Венчурный фонд «Восход»

invested in

Am.Tech

in 2025

in a Series A deal

Disclosed details

Transaction Size: $2M

Revenue: $3M

EBITDA: $2M

Net Income: $0M

Enterprise Value: $5M

Equity Value: $3M


Multiples

EV/EBITDA: 3.5x

EV/Revenue: 1.7x

P/E: 18.5x

P/Revenue: 0.9x

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