Sols, a NYC-based provider of 3D printing and custom mass manufacturing solutions, completed an $11.1m Series B funding.
Backers included previous investors Founders Fund and Lux Capital and new investors Tenaya Capital and Melo7 Tech Partners, a fund co-founded by Carmelo Anthony and Stuart Goldfarb. In addition to the funding, SOLS named Terdema Ussery, Dallas Mavericks’ president and CEO, to its board of directors.
The company intends to use the funds to advance its consumer product pipeline.
Led by Kegan Schouwenburg, founder and CEO, SOLS is to launch dynamic insoles customized to fit each individual, based on its platform, which connects hardware-agnostic scanning, generative design and digital manufacturing
Launched in July 2013, the company has raised a total of $19.3m in funding and employs over 45 employees.