Friday, November 22

Tag: 3D

Essentium Raises $22.2 Million Series A Funding
30Jan By AdityaNo Comments
FUNDING

Essentium Raises $22.2 Million Series A Funding

Texas-based Essentium, a leading 3D printing solutions for industrial additive manufacturing raises $22.2 million in Series A funding led by BASF Venture Capital with participation from Materialise, Genesis Park, and previous seed round investors. BASF Venture Capital Investment Manager, Sven Thate, will join the Essentium board. The funding round will be used to scale manufacturing, engineering, international distribution, sales and marketing operations to meet market demand for the recently introduced Essentium High Speed Extrusion (HSE) Platform. The fact that the Essentium Series A round of financing is one of the highest in the history of additive manufacturing illustrates the role the company will play in transitioning the category from hype to implementation. The multi-...
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Silicon Valley Based 3D Printing Startup Carbon Raises $81M in Funding
19Sep By reutersNo Comments
FUNDING

Silicon Valley Based 3D Printing Startup Carbon Raises $81M in Funding

Carbon, a Silicon Valley startup that is developing 3D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it has raised to $222 million. "We wanted to go find investors that share the scope of our vision and realize what we are talking about here is industrial re-invention," Kirk Phelps, Carbon vice president of product management, told Reuters at the company's headquarters in Redwood City, California. Founded in 2013, Carbon said the funding round was led by automaker BMW Group, industrial conglomerate General Electric, optics and imaging products company Nikon and chemical manufacturer JSR. They joined earlier investors Google Ventures and top tech venture capital firm Sequoia. "The...
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