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3D Technology Giant ‘Carbon’ Aims to Raise US$300 Million

‘Carbon’ has emerged as a renowned name in the domain of technology and manufacturing. The company, founded in 2013, has become one of the most prominent manufacturers of ED printers and systems. Further, several analysts and experts have lauded the hardware, software, and product-based capabilities of Carbon. The company is aiming to spike its value by $300 million through Series E shares. If the company succeeds in raising the planned amount, it could reach a cumulative value of $2.5 billion. The company has transformed the domain of 3D printing through its Digital Light Synthesis Technologies. Furthermore, Carbon has pioneered the use of 3D printing for manufacturing sports equipments and shoes. The total valuation of Carbon in 2018 stood at $1.7 billion, as stated by venture capitalists.

Investments in Carbon

The company has not made any comments with regard to the fundraising plans. However, there are speculations about the company’s willingness towards capital generation. Carbon has, by far, raised a total amount of $422 million from key investors. Some of these investors include Hydra Ventures, Sequoia, Fidelity, GV, and Adidas Ventures. The capital that is due to flow in from these investors is not included in the aforementioned value. Further, a number of global entities would show interest in investing in Carbon, predict analysts.

Distinction Attained by Carbon

Carbon aims to provide seamless technologies to manufacturers and designers. The company’s ultimate aim is to increase the efficiency of 3D manufacturing for end-users. Furthermore, designing entities can cut cost and reduce their energy-usage by deploying carbon’s 3D-manufacturing systems.

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