Google Ventures has invested $ 100 million into Carbon3D to develop technology and materials for customers to address limitations of conventional 3D printing.
Besides Google Ventures, investors like Sequoia Capital, Silver Lake Kraftwerk and Northgate Capital also participated.
Autodesk invested $ 10 million in Carbon3D from the Spark Investment Fund in April which is converted in equity.
In addition, Carbon3D’s Continuous Liquid Interface Production Technology (CLIP) use tuneable photochemical process instead of the traditional mechanical approach which eliminates the shortcomings of conventional layer-by-layer 3D printing technology.
CLIP transforms 3D models into final parts in a range of engineering-grade materials.
This apart, industries including automotive, consumer electronics, aerospace, athletic apparel and industrial products have contributed in Carbon3D’s CLIP technology and helped in refining the technology and performance.
“Carbon3D’s technology has the potential to dramatically expand the 3D printing market beyond where it stands today and reshape the manufacturing landscape,” said Andy Wheeler, General Partner at Google Ventures.
“After evaluating Carbon3D’s CLIP technology, we believe it is a game-changer for complex manufacturing across many global market segments,” said Anton Rupert on behalf of Reinet.
In June, Ford selected Carbon3D Continuous Liquid Interface Production (CLIP) technology to move more quickly from ideas to production.
Last year in April, Google Ventures, Intel, Michael Dell invested in Cloudera, an enterprise analytic data management vendor.
Shilpa Khatri
