Top 10 3D Printing and Advanced Manufacturing Capital Raises in the U.S. – October 16th-31st, 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.
Later Stage
- GridPoint, developer of a data-driven platform designed to provide smart building and grid software services, raised $5.5 million of venture funding from The Goldman Sachs Group and other investors.
- Andium, developer of an industrial IoT platform designed to bring intelligent software services down to the device layer, raised $21.7 million of Series B venture funding in a deal led by Aramco Ventures.
- Derq,developer of a real-time predictive analytics platform designed to eliminate road crashes, save lives, and create smarter roadways, raised an undisclosed amount of venture funding from Emirates Telecommunications Group Company and AT&T.
- GridPoint,developer of a data-driven platform designed to provide smart building and grid software service, raised $5.5 million of venture funding from The Goldman Sachs Group and other undisclosed investors.
- Nimble, designer of a robotic system designed to provide automated end-to-end piece-picking, sorting and packing systems for e-commerce orders, aised $106 million of Series C venture funding in a deal led by FedEx and Cedar Pine.
- Outrider, developer of autonomous yard operation technology designed to drive the rapid adoption of sustainable freight transportation by deploying zero-emission systems, raised $62.46 million of Series D venture funding in a deal led by New Enterprise Associates and Koch Disruptive Technologies.
Early Stage
- Orbital Materials,developer of Artificial Intelligence (AI) foundation model designed to offer advanced materials, raised an undisclosed amount of venture funding from NVentures.
Angel, Seed, and Grant
- Phaseshift Technologies,developer of a data-driven platform designed to accelerate the design and development of alloys for manufacturing processes,raised $3 million of seed funding in a deal led by Innospark Ventures.
- Biological Lattice Industries,operator of a biotechnology company intended to revolutionize the field of bio-fabrication through AI-driven robotic technologies, raised $1.8 million of pre-seed funding in a deal led by UNI.
- Freeform, provider of metal 3D printing services intended to bring scalability of software to physical production, joined NVIDIA Inception – no equity or funding was exchanged as a result of this program
#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.
