AM Market |
Velo3D |
VELO3D raises $12M, for a total of $150M in funding (June 15, 2020) |
VELO3D has just revealed it has secured $12 million in funding from new strategic investors. The news follows a recent Series D funding round in April, through which VELO3D raised $28 million. With the recent funding added to the $28 million, VELO3D has raised $40 million in recent months and a grand total of $150 million. |
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Nextflex |
Nextflex gains $154m in AFRL funding for 3D printing flexible hybrid electronics (June 18, 2020) |
Nextflex, a U.S. consortium of companies dedicated to advancing Flexible Hybrid Electronics (FHE) in the 3D printing industry, has entered into a cost-sharing agreement with the Air Force Research Laboratory (AFRL).
The deal will see the U.S. Department of Defense (DoD) provide up to $154m worth of investment over the next seven years, in order to fund the development of 3D printed electronics that can support military operations and defense manufacturing. |
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3D Infra |
3D Infra successfully closes US$ 1.0 million Pre-Series A funding round (July 7, 2020) |
3D Infra Pte Ltd, the parent company of 3D Metalforge Pte Ltd, Asia Pacific’s leading end-to-end metal additive-manufacturing design and printing startup has completed a Pre-Series A financing led by M Venture Partners, with co-investment by SEEDS Capital. |
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Evolve Additive |
Evolve Additive Solutions set for another round of investment funding (June 30, 2020) |
Evolve Additive Solutions, a former subsidiary of Stratasys, has announced that it will be receiving continued support from Stanley Black & Decker (SB&D), an S&P 500 company, in the form of an additional round of funding. SB&D, along with LEGO, initially invested in Evolve back in 2017 when its proprietary STEP (Selective Thermoplastic Electrophotographic Process) technology was just kicking off. |
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Made in Space |
Made in Space acquired by private equity firm (June 23, 2020) |
Jacksonville-based Made in Space, a company’s whose 3D printing technology has made products on the International Space Station, has been acquired by Redwire, a private equity-based venture that has been snapping up space-related businesses. |
Read more (external link) |