Top 10 3D Printing and Advanced Manufacturing Capital Raises in the U.S. – November 1st-15th, 2024
Several interesting transactions closed in the 3D Printing and Advanced Manufacturing sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PIPE
- Palladyne AI Corp, a software company focused on autonomy for robotic systems, received $6.95 million of development a private placement.
- Cyngn Inc, an industrial autonomous vehicle technology company, received $3.5 million of development capital through a private placement.
Merger/Acquisition
- Jetcool, developer of a modular component cooling technology designed to cool high-power electronics acquired by Flex.
Later Stage VC
- Vecna Robotics, developer of autonomous mobile robots designed to offer safe and efficient material transport in commercial settings, raised $74.5 million of Series C1 venture funding in a deal led by Drive Capital.
- Skydio, developer of AI-powered drones designed to deliver power and flying cameras without much complexity, raised $170 million of Series E venture funding from Axon, KDDI and Linse Capital.
- NomadGo, developer of an inventory automation platform designed for automated inventory counts and power decision-making, raised $2.56 million of venture funding.
- First Resonance, developer of a manufacturing software platform designed for day-to-day operations in the factories, raised $10.82 million through a combination of Series A-1, and Series A-2 venture funding from Third Prime, Emerson Ventures,E12 Venture Capital and other investors.
- Axine, developer of industrial wastewater treatment systems designed for on-site treatment of toxic organics in industrial wastewater, raised an estimated $15 million of venture funding from Veralto.
- Agility Robotics, developer of bipedal walking robots designed to offer efficient, agile, and robust legged platforms for real-world applications raised Series B venture funding from Schaeffler Group USA, Bossa Invest and AJI Capital.
Accelerator/Incubator
- Geist Robotics, manufacturer of electronic warfare systems intended to democratize protection against airborne threats, joined The Catalyst Accelerator.
#castleplacement #capitalraising #privateequity #venturecapital #investment #3DPrinting #AdvancedManufacturing
John Silvestri
Managing Director
Finance, strategy and capital markets executive. Originated structured and executed, as principal, agent and underwriter, over $4 billion of public and private, structured and project finance transactions. Industry expertise includes Energy and Power, Technology/Fintech/Digital, Sponsor, Transportation and Infrastructure, Consumer, Industrials and Agriculture, Banking, and Specialty Finance. Companies ranging from small to large, leveraged, high grade, venture, SPV’s and project finance. Transaction expertise across capital structure includes public and private bonds, equity, structured and direct investments, and unitranche. Leveraged finance includes senior/sub, bridge, acquisition, mezzanine, equity co-investment, and re-capitalizations. Previously, founder of an advisory and a direct investment business, Managing Director and Co-head of Investment Banking at Altamar Capital, and Director and Head of High Yield Capital Markets in New York for Barclays Capital. BS in Management from SUNY Buffalo. MBA from Fordham Gabelli Business School. FINRA Series 7 and 63 licenses.
- Email: jsilvestri@castleplacement.com
- (C) (203) 803-9861
 John SilvestriManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: jsilvestri@castleplacement.com
(C) (203) 803-9861
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
