Velo3D
Velo3D Raises $100M in Series Unknown
Quick Facts
Velo3D Raises $100M in Series Unknown
Velo3D has successfully raised $100M in a Series Unknown at a $1.2B valuation led by Playground Global, Khosla Ventures, Autodesk.
Company Overview
Velo3D is a Manufacturing company headquartered in 2710 Lakeview Court, Fremont, CA 94538, founded in 2014 with 400+ employees.
Metal 3D printing for aerospace and industrial
Fundraising Details
- Amount Raised: $100M
- Round Type: Series Unknown
- Valuation: $1.2B
- Date: 2024-02-08
- Investors: Playground Global, Khosla Ventures, Autodesk
About Velo3D
Metal 3D printing for aerospace and industrial The company is positioned in the Manufacturing sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 2710 Lakeview Court, Fremont, CA 94538
- Founded: 2014
- Team Size: 400+
- Industry: Manufacturing
What This Means
This funding round demonstrates strong investor confidence in Velo3D's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Manufacturing sector continues to attract significant investment as companies innovate to meet evolving market demands. Velo3D's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.2B valuation marks an important milestone for Velo3D, positioning the company among notable players in the Manufacturing industry.
Looking Ahead
With this new capital, Velo3D is well-positioned to execute on its growth strategy and continue building innovative solutions in the Manufacturing space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-02-08. For more information about Velo3D, visit their headquarters at 2710 Lakeview Court, Fremont, CA 94538.
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