Continuous Composites Raises $17M in Series A Funding

Continuous Composites Inc., a Coeur D’Alene, Idaho-based additive manufacturing company, raised $17M in Series A funding.

The round was led by B. Riley Venture Capital. Todd Sims, President of B. Riley Venture Capital, will be joining the Continuous Composites board as part of this investment.

The company intends to use the funds to commercialize its proprietary Continuous Fiber 3D Printing (CF3D®) product offerings, as well as advance and protect its patent portfolio.

Led by Tyler Alvarado, Continuous Composites provides CF3D®, an additive manufacturing solution that combines high-performance continuous fibers with rapid curing resins in a 3D printing process to enable affordable manufacturing of complex composite structures. An industry-agnostic automated solution, CF3D® is comprised of configurable hardware, proprietary software, and tailorable material solutions for lightweight applications.

FinSMEs

24/07/2021