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.

Velo3D