Carbon3D, whose 3-D printing technology uses light and oxygen to make 3-D objects from a pool of resin, has also apparently honed an ability to print money.
3-D Printer Maker Carbon3D Raises $100 Million From Google Ventures, Others
The company’s technology, which debuted at Ted, uses light and oxygen to create 3-D objects from a pool of resin.
Carbon3D
The company is announcing Thursday it has raised $100 million in a Series C funding round led by Google Ventures. Other participants include Yuri Milner, Reinet Investments and FIS as well as previous backers Sequoia Capital, Silver Lake Kraftwerk and Northgate Capital.
While there are a host of 3-D printers out there, most produce objects that are best suited as prototypes. By contrast, Carbon3D has its sights set on production-quality goods for the automotive, medical and manufacturing industries. Ford is among the handful of customers testing one of its printers.
“We’ll be placing a couple dozen more this calendar year and expect general availability early next year,” Carbon3D CEO Joseph DeSimone said in an interview. The company has not yet said how much its printers will cost.
Carbon3D debuted its technology earlier this year at the Ted conference in Vancouver. Since then, the company has roughly doubled its workforce and now has 80 employees.
DeSimone said Google’s interest began when Larry Page and Sergey Brin saw the company’s 3-D printer at Ted. The notion of being 100 times faster than today’s printing technologies hit home, he said.
“Our speed story resonated really, really well,” DeSimone said.
Here’s an interview I did with DeSimone at Ted:
https://www.youtube.com/watch?v=K4heBuUmx0U
And here’s the printer in action:
https://www.youtube.com/watch?v=UpH1zhUQY0c
This article originally appeared on Recode.net.
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