Carbon3D Inc., a Redwood City, CA-based based 3D printing company, raised $100M in funding.
The round was led by Google Ventures with participation from Sequoia Capital, Silver Lake Kraftwerk and Northgate Capital, while the Autodesk Spark Investment Fund’s $10M investment in the company, which was announced in April 2015, was converted to equity during this round.
The company intends to use the funds to continue to develop its technology and materials.
Led by Joseph M. DeSimone, CEO and Co-Founder, Carbon3D recently introduced its Continuous Liquid Interface Production technology (CLIP), which promises to advance the industry beyond basic prototyping. CLIP uses a tuneable photochemical process, which eliminates the shortcomings of conventional layer-by-layer 3D printing technology, to transform 3D models into final parts in a range of engineering-grade materials.
Key early customers from targeted industries including automotive, consumer electronics, aerospace, athletic apparel and industrial products have already been working with the company’s CLIP technology.