3D printing startup Carbon now worth $2.4B
June 26, 2019- Share:
Carbon has raised $260 million in a growth funding led by Madrone Capital Partners and Baillie Gifford, with Venture Beat reporting a valuation of $2.4 billion. That reaffirms the Bay Area company's place as the most valuable 3D printing startup in the world, according to PitchBook data, topping Desktop Metal, which was valued at $1.5 billion in January. Carbon had last raised VC in February 2018, bringing in $200 million at a $1.74 billion valuation.
Founded in 2013, Carbon sells 3D printers and related hardware and software that work together to create solid polymer objects out of pools of liquid resin. The company's printers use a proprietary technology called digital light synthesis, which solidifies resins with a mix of light and oxygen. Carbon has helped create parts and products for companies including Ford, Adidas and Riddell.
Several other investors participated in the new funding, including Temasek, Sequoia, Adidas Ventures and Fidelity Management & Research. Carbon has now raised about $680 million in total private backing.
We recently took a closer look at Carbon's fundraising history.
Founded in 2013, Carbon sells 3D printers and related hardware and software that work together to create solid polymer objects out of pools of liquid resin. The company's printers use a proprietary technology called digital light synthesis, which solidifies resins with a mix of light and oxygen. Carbon has helped create parts and products for companies including Ford, Adidas and Riddell.
Several other investors participated in the new funding, including Temasek, Sequoia, Adidas Ventures and Fidelity Management & Research. Carbon has now raised about $680 million in total private backing.
We recently took a closer look at Carbon's fundraising history.
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