Money & Funding
-
VELO3D, the developer of support-free metal 3D printing technology, has today announced it received a $20 million order from an existing aerospace customer. The order for its metal additive manufacturing systems is the largest it has received since its commercial launch in September 2018. The $20M order announcement comes right…
Read More -
ExOne‘s binder jetting technology is at the center of a series of manufacturing research projects led by Pennsylvania universities. Five of the projects have recently received funding through the Manufacturing PA Innovation Program. The funding comes from a total of $2.8 million that was awarded through the Department of Community and…
Read More -
VELO3D, a California-based metal additive manufacturing company, has just revealed it has secured $12 million in funding from new strategic investors. The news, which was announced in a brief LinkedIn post this morning, follows a recent Series D funding round in April, through which VELO3D raised $28 million. With the…
Read More -
3D printing company Stratasys announced it is downsizing its global workforce due in part to the impact of COVID-19 and the consequent economic slow down. The decision to transition to a “leaner operating model” will reportedly affect about 10% of the company’s employees. The company’s decision to let go of…
Read More -
Arris Composites, a startup working on next-generation composites manufacturing, closed $48.5 millions in series B funding and will be expanding its proprietary composite manufacturing capabilities and opening facilities in the U.S. and Taiwan, the latter to serve the demand of the consumer electronics industry. The round was led by Taiwania Capital with…
Read More -
Israeli startup Nanofabrica, which specializes in optical-based micro 3D printing technology, has raised $4 million through an investment round led by M12, Microsoft’s venture fund, and NextLeap Ventures. The money, which brings the company’s total investments to $7 million, will enable it to expand R&D efforts and grow its sales.…
Read More -
Since Elliot turned down GE’s takeover offer in 2016, SLM Solutions, one of the leading manufacturers of metal AM systems, has been on a bit of a roller coaster. The arrival of Mr. Meddah Hadjar (from GE) at the helm seems to have brought more order and now the company…
Read More -
The most positive news to come out of the voxeljet fiscal 2019 report, which closed last December 31st, is that revenues for the fourth quarter of 2019 increased by 11.4% to 9.5 million euro, compared to 8.5 million euro in the fourth quarter of 2018. This is a record result…
Read More -
VELO3D, the California-based metal additive manufacturing company that brought to market the Sapphire system, has raised $28 million through a Series D financing round, bringing the company’s total funding to $138 million. The financing round saw participation from existing investors Bessemer Venture Partners, Playground and Khosla Ventures, as well as…
Read More -
voxeljet AG, a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, received a notice of noncompliance from the New York Stock Exchange on April 20, 2020, regarding Section 802.01C of the NYSE’s Listed Company Manual due to the fact that the average…
Read More
