What is Mantle?
Mantle specializes in the production of advanced metal 3D printers designed for a wide array of industrial applications. The company's technology enables the creation of complex metal product parts, serving major industries such as the cosmetic sector. Mantle's industrial machines are engineered to meet rigorous manufacturing demands, positioning the company as a key player in the additive manufacturing space for high-precision components.
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 Fine Structure Ventures, Hypertherm Ventures, and Foundation Capital
Series C (2024): $20M led by Foundation Capital, Build Collective, and Schooner 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.
Build Collective
Build Collective is a team of realtors, developers, new construction experts, and marketers in Cincinnati, focused on creating opportunities for buyers and sellers.
Schooner Capital
Schooner Capital, established in 1971, is an investment firm that focuses on sharing visions and fostering growth, offering financial services and investment opportunities tailored to meet client needs.
What's next for Mantle?
The recent major strategic investment signifies a pivotal growth phase for Mantle. This substantial capital infusion is expected to accelerate product development, enhance manufacturing capabilities, and expand market reach. The company is likely to focus on scaling its operations to meet increasing demand from industrial clients seeking advanced metal printing solutions. Further strategic partnerships and technological advancements can be anticipated as Mantle solidifies its position in the competitive additive manufacturing landscape.
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