What is Velo3d?
Velo3D, Inc. specializes in the production of advanced metal additive manufacturing (3D printing) systems within the United States and internationally. The company's cutting-edge printers are engineered to produce complex components essential for applications in space rockets, jet engines, and fuel delivery systems. These high-value metal parts are either sold or leased to a diverse clientele, ranging from small and medium-sized enterprises to Fortune 500 corporations across the space, aviation, defense, automotive, energy, and industrial markets. Velo3D's integrated ecosystem includes its proprietary Flow software platform for design scanning, Sapphire and Sapphire XC printers, the Assure quality control software, and the Intelligent Fusion manufacturing process, all designed to ensure precision and efficiency in additive manufacturing.
How much funding has Velo3d raised?
Velo3d has raised a total of $112.5M across 5 funding rounds:
Series A
$22.1M
Series B
$28M
Series D
$28M
Unspecified
$12M
Debt
$22.4M
Series A (2015): $22.1M, investors not publicly disclosed
Series B (2016): $28M led by Khosla Ventures
Series D (2020): $28M supported by Playground, Khosla Ventures, TNSC, Bessemer Investment Partners, and Piva
Unspecified (2020): $12M, investors not publicly disclosed
Debt (2024): $22.4M, investors not publicly disclosed
Key Investors in Velo3d
Playground
Playground is an investor that likely focuses on technology and innovation, given its involvement in Velo3D's Series D funding round.
Khosla Ventures
Khosla Ventures is a venture capital firm known for investing in breakthrough technologies across various sectors, including AI, fintech, and sustainable energy.
Bessemer Investment Partners
Bessemer Investment Partners is an investment firm that has participated in Velo3D's Series D funding, indicating a focus on growth-stage technology companies.
What's next for Velo3d?
The recent major strategic investment in Velo3D signals a strong confidence in the company's technology and its capacity to scale production for high-demand sectors. This capital infusion is likely to accelerate Velo3D's product development, expand its manufacturing capabilities, and bolster its go-to-market strategies. As Velo3D continues to serve industries with stringent quality and performance requirements, this backing will be instrumental in solidifying its position as a leader in advanced metal additive manufacturing and supporting the ongoing innovation in aerospace, defense, and other critical technology fields.
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