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 critical needs for major cosmetic companies and other industrial sectors. This focus on high-precision manufacturing positions Mantle as a key player in the additive manufacturing space, driving innovation in how metal components are produced.
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, Fine Structure Ventures, and Foundation Capital
Series C (2024): $20M led by Schooner Capital, Foundation Capital, and Build Collective
Key Investors in Mantle
Schooner Capital
Schooner Capital, an investment firm established in 1971, focuses on fostering growth and sharing visions, offering financial services and investment opportunities to support businesses in achieving their goals.
Foundation Capital
Foundation Capital is a venture capital firm that partners with founders building category-defining technology companies, providing deep operational and strategic expertise from early stages through long-term growth.
Build Collective
Build Collective is a team of realtors, developers, new construction experts, and marketers focused on creating opportunities for buyers and sellers within the real estate sector.
What's next for Mantle?
The recent major strategic investment signals Mantle's transition into a scaling phase, likely focusing on expanding production capabilities, enhancing research and development for next-generation printers, and broadening its market reach. The company's ability to attract substantial capital from established investors suggests a strong market demand for its specialized metal 3D printing solutions. Future growth is expected to be driven by further technological advancements and strategic partnerships within the industrial manufacturing ecosystem.
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