Evaluating only Mcor Technologies’s profile at its peak — without knowing the outcome — the model ranked Competition as the #1 likely cause. Documented cause: Product failure.
Key Events Timeline
FOUNDING
Conor and Fintan MacCormack found Mcor in Ireland, pioneering SDL technology for full-color paper-based 3D printing.
FUNDING
Mcor raises €5M Series A and signs Staples partnership for in-store 3D printing services across Europe and USA.
FUNDING
Series B fundraising attempt fails; industrial buyers cite paper material's limited mechanical properties versus polymer and metal alternatives.
SHUTDOWN
Mcor enters receivership; IP and assets later acquired by CleanGreen3D for undisclosed sum.
Full Analysis
Free · no account needed
Documented cause
Mcor Technologies, founded by Conor and Fintan MacCormack in Ireland, developed a unique full-color 3D printer using ordinary office paper through Selective Deposition Lamination. Despite partnerships with Staples and winning awards, the technology struggled with material strength limitations and post-processing complexity. After failing to raise a Series B in 2018, the company entered receivership in 2019, with assets later acquired by CleanGreen3D.
Lesson
“Novel materials innovation needs a clear industrial use case; clever technology alone won't sustain a company.”