Latvia-based AM Craft delivers certified, 3D-printed aircraft parts globally, to clients such as Finnair. AM Craft's vision is to enable low-cost, rapid sourcing of a large IP library of parts, delivered sustainably by local certified manufacturing hubs around the world, thereby massively increasing the use of additive manufacturing in spare parts. This huge industry still largely relies on traditional manufacturing methods, leading to massive supply chain challenges and an inability to hit sustainability goals. AM Craft already has the ability to deliver from hubs in Riga, Dubai and Singapore. The round was led by Change Ventures, with our friends BadIdeas.Fund joining.
Location: Latvia, Vidzeme, Riga
Total raised: $650.13K
Investors 1
| Date | Name | Website |
| 27.05.2024 | Change Ven... | changevent... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.05.2024 | - | $650.13K | - |
Mentions in press and media 7
| Date | Title | Description |
| 24.10.2024 | AM Craft’s New Advisory Board Draws Experience from Airbus, Stratasys, and Government | Advisory Board Members (left to right) Jeff Hemenway, Michael Telkamp, and Mārtiņš Bičevskis Michael Telkamp from Airbus, Jeff Hemenway from Stratasys, and former State Secretary Mārtiņš Bičevskis, advise AM Craft with diverse leadership ex... |
| 07.08.2024 | Leading German 3D Printing Firm, alphacam GmbH, to Join AM Craft Production Network | Combined leadership team of AM Craft and alphacam The partnership between the leading German service provider and aviation specialists, AM Craft, brings an aviation supply chain solution to a new aviation hub Airlines and MROs are looking f... |
| 20.05.2024 | AM Craft to expand its aircraft interior 3D printing capabilities with new pre-seed funding | Riga-based aviation manufacturing firm AM Craft has raised €600,000 in a pre-seed funding round led by Change Ventures, with participation from BadIdeas.Fund. AM Craft leverages industrial polymer 3D printers, design expertise, airworthines... |
| 15.05.2024 | AM Craft raises 600k Euro and launches manufacturing partner location in Dubai | AM Craft has announced the closing of their 600k Euro pre-seed funding round led by Change Ventures, with the participation of BadIdeas.Fund. AM Craft is an EASA authorized Part 21G aviation supplier that leverages expertise in polymer addi... |
| 14.05.2024 | AM Craft Enables Lightweight Cabin Upgrades in Finnair’s A320 Fleet with Additive Manufacturing | 3D printed PSU in-fill panel installation within the aircraft cabin interior. Front and back of the PSU In-fill panel showing both the 3D printed nature and the cosmetic finish. With the flexibility of the design and certification approach,... |
| 01.11.2023 | Moving from Estonia to Latvia to work at a startup – Pärtel-Peeter Kruuv | We meet through AM Craft – the startup that does 3D printing for aircraft interiors. I’m sitting down with co-founders Jānis Jātnieks and Didzis Dejus, when we’re joined by a third, and our conversation switches to English. We were joined b... |
| - | AM Craft | “AM Craft provides top-of-the-line additive manufacturing services for the aviation industry. AM Craft is EASA Part 21G holder and operates a fleet of eight Stratasys Fortus 450 and 900 industrial FDM 3D printing systems.” |