Caracol, a Barlassina, Italy-based industrial large format 3D printing company, raised €10M in Series A funding.
Backers included CDP Venture Capital, Neva SGR, Venture Capital from Intesa Sanpaolo Group, Primo Space Fund and EUREKA! Venture SGR.
The company intends to use the funds for the further development of its partners network both for the technical progress, for the commercialization of Heron AM in key European and global markets, opening two new hubs in North America and in the Middle East, with dedicated local teams, and for tripling the team in approx. two years, to about 120 employees in 2024.
Led by Francesco De Stefano, Caracol aims to the limits of 3D printing and traditional manufacturing via HERON AM, a solution for the production of advanced components, for high-performing industrial sectors. HERON AM is a Large-Format Additive Manufacturing platform, a robotized extrusion system, with direct and continuous feeding of composites polymers, a dedicated software solution for the most complex tool paths, and more.
The company has provided technology and manufacturing solutions to companies internationally, in sectors that span from aerospace, to automotive, energy, marine, and more.
opening two new hubs in North America and in the Middle East, with dedicated local teams.
FinSMEs
03/03/2023