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 $13.7M across four funding rounds. Beyon3D became public on TASE in May 2021, marking a significant milestone in its journey.
Business overview
Beyon3D is a multidisciplinary building technology company that develops a digital manufacturing system for concrete building products. Its core technology integrates industrial robotic arms with custom-made software tools and hardware, alongside tailor-made materials. The company aims to transform the construction market by enabling the rapid, cost-effective, and scalable production of high-quality concrete components of any geometrical shape. Beyon3D operates within the Industrial Technologies sector, with a focus on Green Construction, Eco-Efficient Manufacturing, and Process Automation & Intelligence Systems.
Strategic signal
In November 2023, news emerged regarding Beyon3D's potential challenges, suggesting a difficult trajectory for the company that went public during the 2021 IPO wave. This indicates a critical period for the company, signaling to investors the need for close monitoring of its operational and financial stability amidst market pressures.
Company Intelligence Q&A
- When did Beyon3D become a public company?
- Beyon3D became public on the TASE in May 2021.
- What was a key strategic move for Beyon3D in August 2022?
- In August 2022, Beyon3D acquired Kiddod Enginnering, a strategic move to expand its capabilities.
- What is Beyon3D's primary focus in manufacturing?
- Beyon3D focuses on developing a robotics-based system for manufacturing high-quality concrete building components, aiming to enhance speed, cost-efficiency, and design flexibility in construction.
- What was a notable development for Beyon3D in April 2022?
- In April 2022, Beyon3D and Ciment opened the first factory of its kind globally, utilizing Beyon3D's unique technology for concrete product production.
- What was the nature of Beyon3D's funding rounds in January 2019, 2020, and 2021?
- In January 2019, January 2020, and January 2021, Beyon3D secured SAFE funding rounds, as disclosed in TASE filings.