3D Printing Venture Deals – Carbon Raises $260 Million

Posted by on Sep 25, 2020 in 3D Printers, Education, Investing

3D Printing Venture Deals – Carbon Raises $260 Million

Digital manufacturer and 3D printing poster child Carbon has raised $260 million in a growth round of funding co-led by Madrone Capital Partners and Baillie Gifford, with participation from Sequoia Capital, Adidas Ventures, Johnson & Johnson Innovation (JJDC), Fidelity Management & Research Company, JSR Corporation, Temasek, and Arkema. Reports emerged back in April that the Redwood City, California-based company was seeking to raise up to $300 million, which we now know was in the ballpark. This round takes Carbon’s total raised to $680 million and follows its $200 million series D raise from 2017, when it claimed a $1.7 billion valuation. Pitchbook estimated earlier this year that Carbon could now be valued at up to $2.5 billion, and we’re told the company has in fact reached a valuation of $2.4 billion with this latest...

Read More »

3D Printing Joint Ventures Abound

Posted by on Feb 19, 2019 in 3D Printers, Investing

3D Printing Joint Ventures Abound

Australian metal 3D printer manufacturer, Aurora Labs, has entered a joint venture with WorleyParsons Services, a Sydney-based engineering and consulting company. The 50/50 shared venture will bring Aurora Labs and Advision Digital, a software and data science expert owned by WorleyParsons, to form AdditiveNow. AdditiveNow will provide an additive manufacturing service package to clients in the oil & gas and mining industry. Aurora Labs’ Managing Director, David Budge, said, “The finalization of this joint venture is a significant step forward for Aurora Labs and for the 3D printing industry as a whole […] We look forward to helping our new broader network of customers to find business advantage through 3D printing solutions, especially across the mining, oil & gas and major infrastructure sectors.” Aurora Labs is known for the S-Titanium Pro and Alpha 3D printer. The S-Titanium Pro in particular is significantly cheaper than most industrial metal 3D printers and also has an open source approach to materials. These were cited as primary reasons for the sales boost Aurora Labs received in the Q1 FY2019. Aurora Labs has been in partnership with WorleyParsons since 2017, but now bringing Advision Digital onboard, Aurora Labs will provide AM services to its client and build digital...

Read More »

3D Printing Firm Receives $7 Million In Funding

Posted by on Jul 12, 2017 in 3D Printers

3D Printing Firm Receives $7 Million In Funding

AREVO has just announced that it has received a $7 million Series A round of funding led by Menlo Park-based venture capital firm Khosla Ventures. Khosla Ventures currently manages more than $1.3 billion of investor capital for startups and early stage companies developing products for internet technology, advanced computing, clean technology and mobile technologies, and is one of the five largest active investors in the commercial space sector. As part of the investment, venture partner at Khosla Ventures Vijit Sabnis will be joining the AREVO Board of Directors, where he well help guide the young company. AREVO is primarily known for their line of next-generation 3D printing composite materials, their six-axis 3D printing platform and their cloud-based software that optimizes composite material deposition to maximize durability. The company also recently won the first Autodesk REAL Deal Startup competition, which focuses on the development of technologies that seamlessly combine hardware and software applications to create an ecosystem of converging 3D technologies. It was AREVO’s composite materials that stood out in the competition. They are up to five times stronger than many titanium-based materials, and the software that helps orientate the materials’ carbon fibers into microscale structures that produce some of the highest strength-to-weight ratio in the...

Read More »

3D Printing Funding Ventures – Israeli Firm Receives $25 Million

Posted by on May 9, 2017 in 3D Printers, Financing

3D Printing Funding Ventures – Israeli Firm Receives $25 Million

XJet is an Israeli 3D printing company that places an emphasis on metal 3D printing and is also the 4th most funded 3D printing company in 2016 (Formlabs was 3rd). To date they have raised $25 million through one round of venture funding. The Company boasts the “world’s first direct 3D metal jetting system,” driven by their innovative NanoParticle Jetting technology. While most metal 3D printers require that the operator handle metal powders which can be dangerous, the XJet system delivers the required metal nanoparticles in sealed cartridges, which are then easily loaded into the XJet system. In that way, the XJet system isn’t much more difficult to use than your standard desktop inkjet printer. The system allows for complete design freedom with no geometric limitations. NPJ is entirely unique from other metal printing technologies both in terms of process and output. XJet claims unprecedented layer thicknesses of 2 microns, unheard of in metal 3D printing, and printing speeds five times faster than laser sintering techniques. The speed of the process is further enhanced by the lack of post-processing required. The company also recently announced that their printers were capable of 3D printing ceramic objects, and said that they are targeting ceramic 3D printing for dental, medical and some industrial applications. According to the 3D Printing Trade Association “Xjet is typical of the types of deals that are being funded now. Superior technology that the market can quickly...

Read More »

Carbon3D is the 3D Printing Company Changing the Design and Manufacturing Industry

Posted by on Jan 28, 2017 in 3D Printers, 3D Printing, Business, Technology

Carbon3D is the 3D Printing Company Changing the Design and Manufacturing Industry

THE M1 IS A POWERFUL NEW TOOL FOR DESIGN AND MANUFACTURING. For the first time, it’s possible to 3D print isotropic parts with mechanical properties and surface finish like injection-molded plastics. No other additive technology delivers the synthesis of fit, form, and function needed to bridge the gap between prototyping and manufacturing. About Carbon Carbon works at the intersection of hardware, software, and molecular science. Our vision is a future fabricated with light, where traceable, final-quality parts are produced at scale with CLIP technology. CLIP — Continuous Liquid Interface Production — makes this vision possible by combining engineering­-grade materials with exceptional resolution and surface finish. Google Ventures: Carbon...

Read More »

Investing in 3D Printing Technology – Market Leaders and Big Brands Crowding the Growing 3D Printing Field

Posted by on Oct 18, 2016 in 3D Printers, 3D Printing, Investing

Investing in 3D Printing Technology – Market Leaders and Big Brands Crowding the Growing 3D Printing Field

“…market leaders 3D Systems (DDD) and Stratasys (SSYS) ran into operational challenges as the real-world demand failed to live up to the initial hype of a 3D print revolution.” “HP made its long-awaited entry into the 3D printer market five months ago, with partners that include Nike (NKE), Autodesk (ADSK), Proto Labs (PRLB) and BMW. HP announced two industrial 3D printers, with plans to begin shipping product later this year.” “General Electric, which had already invested about $1.5 billion since 2010 in what it calls additive manufacturing technology…” READ...

Read More »