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, with an initial public offering that raised $12.6 million.
- What is Beyon3D's primary focus?
- Beyon3D focuses on developing a robotics-based digital manufacturing system for concrete building components, aiming to enhance efficiency and geometric flexibility in construction.
- What significant operational development occurred in August 2022?
- In August 2022, Beyon3D acquired Kiddod Engineering, a strategic move to expand its capabilities or market reach.
- What was the nature of Beyon3D's funding rounds in 2019, 2020, and 2021?
- In January 2019, January 2020, and January 2021, Beyon3D secured funding through SAFE agreements, as reported in TASE filings.
- What is the current market sentiment regarding Beyon3D?
- As of November 2023, market reports suggest that Beyon3D, which was listed in 2021, is facing significant challenges and is anticipated to cease operations.