What is GrabCAD?
GrabCAD operates as an open software platform dedicated to scaling additive manufacturing. Its product suite, including GrabCAD Print, GrabCAD Print Pro, and GrabCAD Streamline Pro, is engineered to optimize 3D printing workflows, enhance productivity, and integrate with the Industrial Internet of Things (IIoT) ecosystem. The platform serves a broad community of over 16 million members, alongside numerous software partners, and is strategically backed by Stratasys, ensuring robust support for advanced additive manufacturing operations. GrabCAD's focus on Industry 4.0 positions it as a key enabler for modern manufacturing enterprises.
How much funding has GrabCAD raised?
GrabCAD has raised a total of $13.6M across 4 funding rounds:
Angel/Seed
$369K
Angel/Seed
$1.1M
Series A
$4M
Series B
$8.2M
Angel/Seed (2009): $369K with participation from Astrec Baltic and Eesti Arengufond
Angel/Seed (2011): $1.1M led by Atlas Venture, NextView Ventures, and Matrix Partners
Series A (2012): $4M supported by Atlas Venture and Matrix Partners
Series B (2012): $8.2M featuring NextView Ventures, Charles River, Atlas Venture, and Matrix Partners
Key Investors in GrabCAD
NextView Ventures
NextView Ventures is an early-stage venture capital firm that focuses on investing in companies that can redefine how consumers and businesses discover, engage with, and manage information. They are known for backing innovative startups that leverage technology to create new markets or disrupt existing ones.
Charles River
Charles River provides solutions to accelerate drug, chemical, and medical device development, supporting clients from discovery through manufacturing and commercialization with an end-to-end portfolio and scientific expertise.
Atlas Venture
Atlas Venture is a venture capital firm specializing in early-stage biotechnology companies, aiming to translate cutting-edge science into life-changing medicines by partnering with entrepreneurs to launch and grow innovative biotech startups.
What's next for GrabCAD?
The substantial enterprise-level capital infusion signifies GrabCAD's advanced stage of growth, likely enabling further development of its software solutions and expansion into new markets. This strategic backing is expected to accelerate innovation in additive manufacturing technologies, strengthen its competitive position, and foster deeper integration within the industrial manufacturing landscape. The company is poised to leverage this investment to solidify its leadership in providing comprehensive digital manufacturing solutions.
See full GrabCAD company page