A Korean 3D printing technology startup MADDE has successfully closed its Series A funding round, raising a total of approximately USD 8.1 million(KRW 11 billion). The round attracted investments from DSC Investment, Schmidt, Atinum Investment, Company K Partners, Intervest, and Hyundai Motor Securities.

MADDE, a technology-driven spinoff from Hyundai Motor Company, specializes in manufacturing and supplying high-performance components for sectors such as semiconductor equipment, aerospace, and small modular reactors using advanced 3D printing technologies. Notably, 3D printing has been designated as one of the “Top 10 Critical and Emerging Technologies” by the U.S. government, and MADDE is garnering attention for its industry-leading capabilities in producing silicon carbide (SiC)-based parts—rapidly meeting growing demand from domestic and global manufacturers.

In July 2024, MADDE was selected under the “Deep Tech TIPS R&D” program led by the Korea Technology and Information Promotion Agency for SMEs (TIPA), in the “System Semiconductors” category, further affirming the company’s technical excellence. The Deep Tech TIPS initiative is part of the “1,000+ Deep Tech Startups” project, wherein selected startups in ten strategic sectors receive government-backed R&D matching funds—up to approximately USD 1.1 million(KRW 1.5 billion) over three years—when they secure private investment.

MADDE plans to allocate the newly raised capital toward expanding its production capacity for silicon carbide components, while also ramping up domestic and international marketing efforts and distribution channels. The company is in the final stages of completing a fully integrated production line—including post-processing capabilities—and is preparing to scale up manufacturing.

By replacing traditional metalworking-based manufacturing with 3D printing, MADDE’s technology and business model are emerging as a transformative solution for industries requiring high-precision, high-durability components. In particular, the company’s products are gaining traction as cost-effective and technologically competitive alternatives in semiconductor and aerospace applications, where extreme heat and wear resistance are essential.

Further accelerating its global expansion, MADDE began participating in CES 2025, the world’s largest consumer electronics show, as an official Hyundai Motor partner earlier this year—marking a key step toward entering the U.S. market.

Shinhoo Cho, CEO of MADDE, commented, “This investment has enabled us to complete a fully integrated in-house production line, including the final post-processing stages. We’re now focused on scaling production to meet growing customer demand, and we’re actively pursuing partnerships to expand our global client base.”