REPYY Repsol SA (QX)

   By Nathan Allen 
 

Repsol SA (REP.MC) said Monday that its investment fund has taken a 17% stake in Spanish 3D-printing startup Recreus for an undisclosed amount.

The Spanish energy company is researching the use of modified polymers to be used as raw materials for 3D printing, which aligns with Recreus's focus on the development of 3D printing materials.

Repsol's Corporate Venturing fund has capital of 85 million euros ($96 million) to invest between 2016 and 2020 in companies developing technologies related to Repsol's core business.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

March 25, 2019 07:57 ET (11:57 GMT)

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