On December 24th, 2021, ES CON Japan (TYO:8892) announced a small investment into Serendix Partners, a private 3D printing company.

Earlier in 2021, Serendix Partners made headlines for unveiling the Sphere; a 3D printed home design that can be constructed in a day for under 3 million yen with no construction crew.

ES CON’s investment of 9.66 million yen will give it a 1.76% stake in Serendix Partners according to ES CON’s Japanese language press release.  The company did not publish a translation on their English language investor relations site.

According to ES CON’s release, the investment is to assist in further develop the Sphere as well as look for ways to port the construction methods for warehouse, retail store and office construction; all sectors where ES CON develops properties for in addition to their line of residential units.

ES CON also highlighted the lack of material waste 3D printing provides when compared to traditional construction, making the practice more environmentally friendly at the same time as reducing cost of construction.

ES CON mentioned that the Serendix investment allows for furthering the aim to incorporate 3D printed construction in the government’s Super City initiative; the next evolution of the smart city concept utilizing Internet-of-Things and hyper-connectivity to enhance quality of life and to increase resident economic productivity.

While ES CON announced the investment, Serendix Partners has not released any information from their side regarding the deal.

Further Reading

ES CON Japan Serendix Partners Investment Announcement (Japanese Only; December, 2021)

Japanese Government Internet TV Super City Video Page