What is Mantle?
Mantle specializes in the development and manufacturing of advanced metal 3D printers designed for industrial-grade applications. Unlike traditional additive manufacturing solutions, Mantle's technology is engineered to produce high-quality metal parts that meet the stringent requirements of large-scale industrial environments. By integrating their systems into the production lines of major cosmetic companies and other manufacturing giants, Mantle is effectively bridging the gap between rapid prototyping and full-scale industrial production. Their market position is defined by a focus on reliability, precision, and the ability to streamline complex supply chains through on-demand metal component fabrication.
How much funding has Mantle raised?
Mantle has raised a total of $45M across 2 funding rounds:
Series B
$25M
Series C
$20M
Series B (2021): $25M with participation from Hypertherm Ventures, Foundation Capital, and Fine Structure Ventures
Series C (2024): $20M led by Build Collective, Schooner Capital, and Foundation Capital
Key Investors in Mantle
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
Schooner Capital
Schooner Capital is an investment firm established in 1971 that focuses on sharing visions and fostering growth, providing financial services and strategic guidance to entrepreneurs.
Hypertherm Ventures
Hypertherm Ventures operates within the venture capital and private equity space, focusing on investments that align with industrial innovation and manufacturing technology.
What's next for Mantle?
With the recent influx of capital, Mantle is expected to prioritize the expansion of its machine deployment and the enhancement of its software ecosystem. The strategic focus will likely shift toward increasing production capacity to satisfy the growing demand for localized, high-precision manufacturing. As the company moves deeper into its lifecycle, the emphasis will remain on scaling its enterprise-level partnerships and maintaining its competitive edge in the metal additive manufacturing space. Investors are closely watching how Mantle leverages this financing to solidify its role as a critical infrastructure provider for the next generation of industrial manufacturing.
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