Carbon, a Silicon Valley-based digital 3D Manufacturing company, has announced the first closing in a total raise of USD 200 M in Series D funding. Specifically, Carbon intends to use the funds to fast-track its global expansion plans and product roadmap, and will double down on its deep commitment to enabling customers to move to real-world, mass digital production at scale.
The funding is supported by a unique mix of investors that directly align with the strategic direction of the company: global financial institutions Baillie Gifford (Scotland), Fidelity Management & Research Company (U. S.), and ARCHINA Capital (HK); strategic industry partners Hydra Ventures (the corporate venturing arm of adidas), GE Ventures, and JSR Corporation; and Emerson Elemental (the environmental practice of Emerson Collective). The funding is also supported by current investors including Sequoia Capital, Silver Lake Kraftwerk, and Reinet Investments.
Carbon’s unique subscription-based model closely aligns it to its customers’ businesses to ensure optimal customer experiences and capabilities.