Fundraising

Velo3D

Velo3D Raises $100M in Series Unknown

2014
Founded
400+
Employees
2710 Lakeview Court, Fremont, CA 94538
2 min read

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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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news