Solideon, a US-based provider of collaborative robotic metal 3D printing systems that you may have discovered in this partnership with LEAP71, has oversubscribed its pre-seed round.
Within 18 months of being incorporated and graduating from Techstars Space, the company surpassed its initial $5,000,000 goal. The pre-seed round saw participation from investors including 8090 Industries, 1517 Fund, Stellar Ventures, Boost VC, 10X Founders, Pathbreaker Ventures, AIN Ventures, Tiny VC, MD One Ventures, Reinforced Ventures, Techstars Space, Capital Factory, Vibe Capital, Gaingels, and other strategic investors.
While Solideon didn’t release yet details about its technology, we know the founder – Oluseun Taiwo – brings to the table a solid experience acquired with the likes of Virgin Orbit and 3D Systems. He’s seen the good and the bad of this industry and I am eager to see how he will play his part in rebuilding “America’s Industrial base first and eventually humanity’s industrial base throughout the solar system.”
“We have an amazing support system in the way of our venture partners, and are blessed to be able to work with them to execute on our ambitious vision,” said Taiwo.
Several factors contributed to the success of Solideon’s fundraising efforts. The recent release of Congress’s budget with initiatives like the replicator program enables companies like Solideon, who are building a flexible manufacturing solution that can be forward deployed. Â To date, the company has already secured manufacturing facility and building out its manufacturing cell.
Future goals include scaling production, advancing technological development, and initiating in-space manufacturing trials. The development of forward-deployable robotic systems is a critical step towards achieving Solideon’s vision of operating anywhere, the company says.
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