What is Xolo?
Founded in 2013, Xolo has developed and offers a volumetric 3D printing device. Headquartered in Berlin, Germany, the company operates within the advanced manufacturing and 3D printing industry. Its focus on volumetric printing technology positions it as a key player in developing next-generation additive manufacturing solutions, potentially offering advantages in speed and complexity over traditional 3D printing methods. The enterprise-level funding suggests Xolo is poised for significant scaling and market penetration.
How much funding has Xolo raised?
Xolo has raised a total of $8.5M across 1 funding round:
Series A
$8.5M
Series A (2023): $8.5M with participation from SquareOne, Onsight Ventures, DeepTech & Climate Fonds, HZG Group, and Kerstin and Frank Carsten Herzog
Key Investors in Xolo
SquareOne
SquareOne, a participant in Xolo's Series A funding round, is an investor contributing to the company's growth in the 3D printing sector.
Onsight Ventures
Onsight Ventures has provided capital to Xolo as part of its Series A financing, supporting the company's development of volumetric 3D printing technology.
DeepTech & Climate Fonds
DeepTech & Climate Fonds is an investor in Xolo's Series A round, backing the company's innovative approach to 3D printing and its potential impact.
What's next for Xolo?
With the recent influx of major strategic investment, Xolo is expected to accelerate its product development, expand its manufacturing capabilities, and broaden its market reach. This substantial backing will likely fuel further innovation in volumetric 3D printing technology, enabling Xolo to solidify its position in the competitive landscape. The company's next steps may involve strategic partnerships, further research into material science, and scaling its commercial operations to meet growing demand for advanced 3D printing solutions.
See full Xolo company page