Beyon3D
Robotics-based System for Concrete Segment Manufacturing
Company Overview
Snapshot
Founded in September 2011 by Ran Berman, Tomer Moore, Gill Mendelson, and Alon Mendelson, Beyon3D operates with 11–50 employees. The company has raised a total of $13.7 million across four funding rounds and went public on the TASE in May 2021.
Business overview
Beyon3D is a multidisciplinary building technology company that has developed a digital manufacturing system for concrete building products. This system integrates industrial robotic arms with custom-made software and hardware tools, alongside tailor-made materials. The company aims to transform the construction market by enabling the rapid, cost-effective manufacturing of high-quality building components in various scales and geometric shapes. Beyon3D operates within the Industrial Technologies sector, focusing on Green Construction, Eco-Efficient Manufacturing, and Process Automation & Intelligence Systems.
Strategic signal
In November 2023, news reports indicated that Beyon3D, which went public in 2021, was facing significant challenges and was expected to reach the end of its operational path. This signals potential financial distress and an uncertain future for the company, prompting investors to re-evaluate its viability and market position.
Log in to access full profile ›Company Intelligence Q&A
- When did Beyon3D go public?
- Beyon3D went public on the TASE in May 2021.
- What was a significant financial event for Beyon3D in 2021?
- In May 2021, Beyon3D completed an Initial Public Offering on the TASE, raising $12.6 million at a valuation of $77.6 million.
- What was a key strategic development for Beyon3D in 2022?
- In April 2022, Beyon3D and Ciment opened the first factory of its kind in the world to produce concrete products using Beyon3D's unique technology.
- What acquisition did Beyon3D make in 2022?
- In August 2022, Beyon3D acquired Kiddod Engineering, a startup specializing in robotics and automation, according to a TASE filing.
- What recent operational challenge has Beyon3D faced?
- In November 2023, reports indicated that Beyon3D was facing significant operational difficulties and was expected to cease operations, suggesting a critical period for the company's future.