Redwood City, California – Digital manufacturing specialist Carbon has raised $260 million in growth funding, much of it from existing investors. The company’s total fundraising to date now tops $680m.
The company will use the capital to expand its R&D efforts, and establish its first advanced development facility. It also plans to expand its international operations in Europe and Asia.
It will also invest in the development of recyclable and biocompatible materials. The automation, monitoring and analytics software that enables large-scale production will also be developed and improved.
‘With the Carbon platform, powered by our Digital Light Synthesis technology, companies are finally breaking free of the constraints of traditional polymer manufacturing methods to make what’s next now, and at speeds and volumes never before possible,’ said Joseph DeSimone, Carbon’s CEO and co-founder.