Carbon3D, a Redwood City, CA-based developer of Continuous Liquid Interface Production technology (CLIP) for the 3D printing industry, received a $10m investment.
Autodesk, Inc. (NASDAQ: ADSK) made the investment via the $100m Spark Investment Fund launched in late 2014 with the aim of backing entrepreneurs, innovators and startups who advance 3D printing.
Dr. Joseph DeSimone, CEO and co-founder, Carbon3D aims to address the current speed, mechanical properties and material choice limitations of 3D Printing via the CLIP technology, which uses a tunable photochemical process to continuously grow molecularly solid objects from a pool of resin at speeds of up to 100 times faster than current methods.
The company is also backed by Sequoia, Silver Lake Kraftwerk, Northgate Partners, Piedmont Capital Partners, and Wakefield Group.
FinSMEs
10/04/2015