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3D Printing Machinery Manufacturing Manufacturing North America

Evolve Additive Solutions Secures Additional $30M in Funding

3D Ventures and its affiliates have agreed to a $30 million growth equity financing in Evolve Additive Solutions.
– Evolve will use these funds to accelerate commercial sales of its SVP (scaled volume production) platform in the U.S., Europe, and Canada.
– This fundraising follows a period of growth in which Evolve has meaningfully expanded its product portfolio over the past 6 months.
– Evolve’s STEP (selective thermoplastic electrophotographic process) technology sits alongside traditional manufacturing processes, such as injection molding, on the manufacturing floor and augments an organization’s production capabilities allowing freedom of design and faster time to market with “toolless” production.

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3D Printing Advanced Materials Manufacturing North America

AON3D Secures $11.5M & Manufactures First 3D Printed Parts for the Moon

– AON3D announced their $11.5M Series A funding and a partnership with Astrobotic for their historic Peregrine Moon Lander (PM1) mission.
– This brings the company’s total funding to $14.2M.
SineWave Ventures led the round with participation from AlleyCorp, Y Combinator Continuity, BDC Capital, EDC, Panache Ventures, MANA Ventures, top social-media influencers Josh Richards & Griffin Johnson, and leading Silicon Valley angels.
– The funding will be used to invest in 3D printing R&D, continue onboarding talent to support a growing enterprise, and provide clients with best-in-class support to achieve their 3D printing needs.

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3D Printing Advanced Materials Mechanical Design North America Robotics

Icon Raises Over $200M In Series B Funding

– Icon, an Austin, Texas-based developer of advanced construction technologies including robotics, software and building materials, raised $207M in series B financing.
– The round was led by Norwest Venture Partners with participation from 8VC, BIG-Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble, Fifth Wall, LENx, Moderne Ventures and Oakhouse Partners.
– Led by Jason Ballard, Co-founder and CEO, Icon develops advanced construction technologies using proprietary 3D printing robotics, software and advanced materials.

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3D Printing Enterprise Software Information Technology North Africa and the Middle East Software

Castor Closes $3.5M Seed+ Funding Round

– Castor, an Israeli 3D printing tech company, raised $3.5m in a seed+ funding round.
– The round includes two new investors: Xerox, a global technology company and Spring Ventures, a Tel Aviv based publicly traded company with participation from Evonik Venture Capital, Jeremy Coller, TAU Ventures, and Chartered Group.
– The new investment will be used for product development and marketing.

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3D Printing Computer Manufacturing North America Robotics Software

AREVO Raises $25M Series B Funding

– AREVO, an advanced manufacturing technology company, has recently closed a $25M round of financing.
– The round led by Khosla Ventures with new participation from Founders Fund. Other investors include GGVC, Alabaster and Defy.
– The center hosts a range of production systems, including 70 shipping container-sized Aqua 2 systems, the world’s first high speed additive manufacturing system for continuous carbon fiber composite structures, and a growing variety of post-processing capabilities.

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3D Printing Advanced Materials Hardware Industrial Manufacturing Manufacturing North America

Continuous Composites Closes $17m Series A Financing

– Continuous Composites Inc. announced the successful closing of its $17m Series A financing led by B. Riley Venture Capital, a subsidiary of B. Riley Financial, Inc.
– This latest investment follows prior funding rounds led by strategic partners Arkema S.A. and Saint-Gobain S.A.
– BRVC employs a strategy focused on investing in late-stage private growth companies with a path towards public markets. BRVC’s mission closely aligns with the company’s growth strategy, and access to B. Riley’s full suite of investment banking solutions makes BRVC an ideal partner for Continuous Composites.

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3D Printing 3D Technology Manufacturing North America Printing

Metal 3D printing company Fabric8Labs raises $19M

– Fabric8Labs, a metal 3D printing company, raised $19.3m funding.
– The round was led by Intel Capital and featured Lam Capital, TDK Ventures, SE Ventures, imec.xpand, Stanley Ventures and Mark Cuban.
– It follows $4m in seed funding raised in mid-2018.
– The San Diego-based startup specializes in metal 3D printing.

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3D Printing 3D Technology Machine Learning Manufacturing North America Software

Inkbit Secures $30M in Series B Funding

– Inkbit announced the closing of $30M in its Series B round of financing.
– Investors include Phoenix Venture Partners LLC (PVP) and Stratasys.
– The new funding will boost production of the company’s additive manufacturing system, Inkbit Vista, and grow the commercial team to support expansion into the APAC and EMEA regions.

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3D Printing Aerospace Air Transportation North America Space Travel

Agile Space Industries Raises $1.8M In Funding

– Agile Space Industries won the Greater Colorado Pitch Series Investment Competition.
– The company received a venture debt $1.8m commitment from Greenline Ventures.
– Agile Space Industries provides mission-optimized propulsion solutions on fast space timelines by coupling rapid prototyping with diagnostic testing and analysis.

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3D Printing Building Material CAD Construction North America

Mighty Buildings lands $22M to create ‘sustainable and affordable’ 3D-printed homes

– Oakland-based Mighty Buildings, which is on a quest to build homes using 3D printing, robotics and automation, has raised a $22m extension to its Series B round of funding.
– The additional capital builds upon a $40m raise the company announced earlier this year, bringing its total funding since its 2017 inception to $100m.
– Mighty Building’s self-proclaimed mission is to create “beautiful, sustainable and affordable” homes.
– The company claims to be able to 3D print structures “two times as quickly with 95% less labor hours and 10-times less waste” than conventional construction. For example, it says it can 3D print a 350-square-foot studio apartment in just 24 hours.

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3D Printing Eastern Asia Pharmaceutical

Triastek Closes US$50M Series B Financing

– Triastek, Inc. is a Nanjing, China-based global leader in 3D printed pharmaceuticals.
– The company raised $50m in Series B funding.
– This round was co-led by Matrix Partners China and CPE with participation from Shanghai Sci-Tech Innovation Center Capital (SSICC) and existing investors.
– Triastek intends to use the funds for ongoing development of the first IND-approved product in clinical trials, and expansion of the 3D printed drug product pipeline.

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3D Printing 3D Technology Consumer Electronics Hardware North America

Formlabs Doubles $2 Billion Valuation with Close of $150 Million Series E Led By SoftBank Vision Fund 2

– Formlabs raised a $150m Series E led by SoftBank Vision Fund 2, doubling its valuation to $2bn.
– Formlabs will use the funds to continue to grow its portfolio of 3D printing technologies, enabling greater mass production and customization, as well as grow its team across its seven offices worldwide.
– Formlabs is on a mission to expand access to digital fabrication, so anyone can make anything.
– With its line of stereolithography (SLA) and selective laser sintering (SLS) 3D printers, Formlabs has set, and repeatedly improved, the standard for affordable, professional-grade 3D printing and is the number one seller of professional-grade 3D printers worldwide.

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3D Printing 3D Technology North America Printing

Nexa3D Raises Over $55M in Financing Round

– Nexa3D, a Ventura, Calif.-based production-grade polymer 3D printers enabling additive manufacturing, closed financing rounds exceeding $55m in funding.
– The rounds were led by a multi-billion-dollar alternative asset manager and existing investors, OurCrowd and Saudi Aramco Energy Ventures, with participation from new investors as well.
– The new investment will be used to bolster its manufacturing operations, scale commercial activities worldwide, expand customer acquisition and customer success operations, grow its reseller channel globally, expedite several new products to market, and extend its overall polymer technology leadership.

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3D Printing Industrial Engineering Manufacturing Mechanical Engineering North America

Fortify Raises $20M in Series B Funding

– Fortify is a Boston, MA-based additive manufacturing startup.
– The company closed $20M equity funding round.
– The round was led by Cota Capital with participation from Accel Partners, Neotribe Ventures, and Prelude Ventures.
– The new investment will be used to accelerate team growth, expansion in application spaces, and transition to volume manufacturing of the Flux Series 3D printers.

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3D Printing Industrial Manufacturing Manufacturing Mechanical Engineering North America

Metal 3D printing startup Mantle launches out of stealth with $13M in funding

– Bay Area-based startup Mantle is focused on helping create better molds and dies for manufacturers.
– The company has raised $13m in funding from Foundation Capital, Hypertherm Ventures, Future Shape, 11.2 capital, Plug and Play Ventures and Corazon Capital.
– Mantle seeks to differentiate itself with a machine capable of removing some steps from the process.

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3D Printing 3D Technology Augmented Reality E-Commerce Europe Marketplace

3D model provider CGTrader raises $9.5M Series B led by Evli Growth Partners

– CGTrader, a 3D content provider, raised $10m in Series A funding.
– The round was led by Inventure and joined by other investors.
– The company plans to consolidate its position and further develop its platform.

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3D Printing Artificial Intelligence Hardware Manufacturing Mechanical Engineering North America

Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’

– Fictiv, a platform for hardware manufacturing, raised $35m in Series D funding.
– The round was led by 40 North Ventures and joined by Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures and M20 (Microsoft’s strategic investment arm), as well as past backers Accel, G2VP and Bill Gates.
– The funding brings the total raised by Fictiv to $92m.
– Fictiv is the “AWS of hardware” — providing a platform for those needing to produce some hardware, giving them a place to design, price and order those pieces and eventually get them from one place to another.

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3D Printing Advanced Materials Building Material CAD Construction North America

Mighty Buildings Raises $40M In Series B Funding

– Mighty Buildings is a construction tech company applying automation and innovative new technologies to cut time and labor hours.
– The company raised $40m in Series B funding.
– The round was led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental.
– New investors included ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others.

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3D Printing Artificial Intelligence Europe Machine Learning Manufacturing Robotics

Ai Build Raises $1M in Funding

– Ai Build from London provides a cloud platform to automate Additive Manufacturing process.
– Company raised $1m in funding.
– The round was led by SuperSeed, with participation from William Tunstall-Pedoe.
– The new investment will be used to accelerate commercialization of the technology to bring it to many more global tier 1 manufacturers in the aerospace and automotive sectors.
– The company has recently signed partnerships with machine manufacturers including Kuka and Weber Additive to make AiSync the default Operating System for large-scale industrial 3D printing.

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