Carbon announced the first closing in a total raise of $200 million in Series D funding. The company will deliver a scalable digital 3D Manufacturing platform for polymeric products. Its aim is to disrupt traditional analog injection molding production techniques with connected, software-first, digitally-enabled design and fabrication capabilities.
The funding is supported by a unique mix of investors that directly align with the strategic direction of the company: global financial institutions Baillie Gifford (Scotland), Fidelity Management & Research Company (U.S.), and ARCHINA Capital (HK); strategic industry partners Hydra Ventures (the corporate venturing arm of adidas), GE Ventures, and JSR Corporation; and Emerson Elemental (the environmental practice of Emerson Collective).
The funding is also supported by current investors including Sequoia Capital, Silver Lake Kraftwerk, and Reinet Investments. Other investors are expected to be disclosed in early 2018.
For Dr. Joseph DeSimone, Carbon’s CEO and co-founder, this funding demonstrates that this group of global financial investors, customers, and partners validates their vision to fundamentally change how the world designs, engineers, makes and delivers products.
“This funding will help us realize new classes of workers and business models, where product design and engineering is facilitated by cloud-based computing and a wide range of scanning, sensor, and simulation technologies that enable the creation of perfectly tuned – even personalized – products that have been previously impossible to produce.”
For further information about 3D Printing, follow us on our social networks and subscribe to our newsletter!