Startups
Carbon, the fast-growing 3D printing business, is raising up to $300M
Carbon, the poster child for 3D printing, has authorized the sale of $300 million in Series E shares, according to a Delaware stock filing uncovered by PitchBook. If Carbon raises the full amount, it could reach a valuation of $2.5 billion.
Using its proprietary Digital Light Synthesis technology, the business has brought 3D printing technology to manufacturing, building high-tech sports equipment, a line of custom sneakers for Adidas and more. It was valued at $1.7 billion by venture capitalists with a $200 million Series D in 2018.
Carbon declined to comment on its upcoming fundraising plans.
Redwood City-based Carbon is well-capitalized. To date, it’s raised a total of $422 million from investors like Sequoia, GV, Fidelity, General Electric, Hydra Ventures and Adidas Ventures, not including the incoming round of capital.
-
Entertainment6 days ago
Summer Movie Preview: From ‘Alien’ and ‘Furiosa’ to ‘Deadpool and Wolverine’
-
Entertainment5 days ago
What’s on the far side of the moon? Not darkness.
-
Business6 days ago
Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
-
Business6 days ago
How Rubrik’s IPO paid off big for Greylock VC Asheem Chandna
-
Business5 days ago
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
-
Business4 days ago
London’s first defense tech hackathon brings Ukraine war closer to the city’s startups
-
Business7 days ago
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
-
Entertainment7 days ago
Monsta X’s I.M on making music, gaming, and being called ‘zaddy’