Top 10 3D Printing and Advanced Manufacturing Capital Raises in the U.S. – October 1st-15th, 2024
Several interesting transactions closed in the 3D Printing and Advanced Manufacturing sector this past 2 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.
Merger/Acquisition and Corporate
- Anvl, developer of compliance safety software designed to modernize frontline worker productivity, was acquired by Benchmark Gensuite through an LBO.
- Mingo Smart Factory, developer of a manufacturing analytics platform, was acquired by Nulogy through an LBO.
Later Stage VC
- Impulse Space, manufacturer of aviation and aerospace components designed for economical and last-mile space payload delivery, raised $150 million of Series B venture funding in a deal led by Founders Fund, putting the company’s pre-money valuation at $360 million.
- GlacierGrid, developer of monitoring technology designed to offer temperature tracking and analytics, raised $24 million through a combination of Series A-1 and Series A-2 venture funding in a deal led by Zero Infinity Partners, putting the company’s pre-money valuation at $47.35 million.
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KoBold Metals, operator of an AI-powered mineral exploration company intended to discover the materials critical for the electric vehicle and renewable energy revolutions, raised $491.46 million through a combination of Series C-1 and Series C-2 venture funding, putting the company’s pre-money valuation at $2.01 billion.
Early Stage VC
- Lightdash, developer of an automated data monitoring platform designed to track data warehouse for data quality issues, raised $11 million of Series A venture funding in a deal led by Accel, putting the company’s pre-money valuation at $68 million.
- Basetwo AI, developer of a low-code artificial intelligence platform intended to enable process engineers to optimize their manufacturing processes, raised $13.40 million of Series 4 Class A venture funding.
Angel, Seed, and Grant
- Fortius Metals, manufacturer of wire consumables intended to provide next-generation alloys for large-format metal three-dimensional printing, raised $5.05 million through a combination of Seed-4 and Seed-5 funding from AM Ventures, Asimov Ventures and 10X Capital, putting the company’s pre-money valuation at $8.35 million.
- Mantis Robotics, developer of human-robot collaboration technology designed to improve flexibility in factories and warehouses, raised $7.32 million of Seed-1 funding, putting the company’s pre-money valuation at $17.68 million.
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Swivl, developer of a self-storage automation platform designed to speed up artificial intelligence workflows, raised $1 million of Seed-3, putting the company’s pre-money valuation at $16 million.
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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.
