Executives at Freeform, a startup developing a novel 3D-printing system for metal components, told TechCrunch that the company raised a $67 million Series B to expand its manufacturing platform.
Investors include Apandion, AE Ventures, Founders Fund, Linse Capital, Nvidia’s NVentures, Threshold Ventures, and Two Sigma Ventures. FreeForm declined to disclose the company’s post-financing valuation, which PitchBook cites as $179 million.
CEO and co-founder Erik Palitsch said the funding would allow the company to upgrade its current GoldenEye printing system, which uses 18 lasers to fuse metal powders into precision components, to a new version. Dubbed Skyfall, the next iteration of the platform would use hundreds of lasers to produce thousands of kilograms of metal parts each day.
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