SUMMERVILLE, S.C.--(BUSINESS WIRE)--SCRA recently finalized an SC Launch, Inc. investment in Columbia-based ZVERSE. The company was accepted into SCRA’s entrepreneurial program, SC Launch, in November 2017 as a Client Company. The $300,000 investment will be used to accelerate the company’s growth in 2018.
ZVERSE has developed the first 3D Design on Demand platform enabling the world’s largest On Demand Manufacturers to offer CAD modeling services to their customers who need part files designed or modified. The company’s patent-pending technology provides the fastest path for converting 2D content into manufacturable 3D content, which can be produced into parts using multiple manufacturing processes including computer numerical control, 3D print and injection molding.
“We are excited to have SCRA participate in our recent funding round,” said John Carrington, ZVERSE CEO. “It is important to have investors that can contribute more than just money. The team at SCRA is clearly committed to helping facilitate activity within South Carolina’s technology community.”
“Our team first met ZVERSE at DigSouth, a tech conference in Charleston, and we were immediately impressed with their novel 3D solution for both industry and individuals,” said Director of Entrepreneurial Programs and SC Launch Inc. Executive Director, Jill Sorensen. “It is exciting to see companies like ZVERSE growing in South Carolina.”
SC Launch Client Companies are eligible to receive up to $750,000 in grants and investments. SCRA is a state-chartered corporation that fosters job creation and grows South Carolina’s Innovation Economy. The SC Launch program is SCRA’s entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences industries.
Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.