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3D-printed metal parts maker Velo3D raises $28m
3D-printed metal parts maker Velo3D raises $28m
Source: techcrunch.com/...
Velo3D, a 3D printer supplier to SpaceX, has raised $28 million in a funding round to expand its technology for advanced manufacturing. The company's technology allows for 3D printing of complex geometries and parts that were previously impossible to produce using traditional manufacturing methods. This investment will help Velo3D to continue developing its technology for a wider range of industries beyond aerospace, such as oil and gas, power generation, and more. The company is aiming to enable new designs and capabilities that will help to advance the manufacturing industry as a whole.
Questions for the Community: What impact do you think the widespread adoption of advanced manufacturing technologies like 3D printing will have on traditional manufacturing industries and their workforce? How can we ensure that the benefits of these technologies are distributed fairly across society?
Velo3D, a supplier of 3D printers to SpaceX, raises $28 million
Despite fundraising in the middle of a worldwide pandemic that has managed to shut down a significant chunk of global manufacturing, the developer of a metal composite 3D printing technology, Velo3D, has managed to raise $28 million in funding. Over the past fifteen months, the company had bookings of $29 million and revenue of $15 […]
techcrunch.com