Total amount raised
$683.4 Million
Latest funding date
12/1/2021
Location
Carbon has raised funding over 9 rounds, with the latest being a Venture - Series Unknown round involving 6 investors, including Sequoia Capital as a lead investor. The company is backed by a total of 30 investors, with Madrone Capital and Baillie Gifford being among the most recent.
Keep reading to explore the intricacies of Carbon's fundraising journey and the investors backing this innovative platform.
What Is Carbon?
Carbon is a high-tech company specializing in 3D printing and additive manufacturing. Based in Redwood City, California, the company operates in various industries, including automotive, industrial, medtech, consumer, and dental.
With an employee count ranging from 251 to 500, Carbon focuses on designing, developing, and printing high-quality products using advanced photopolymer resins, computational design tools, and 3D printing hardware. The company is known for its waste-reducing 3D printing services and innovative technology solutions.
How Much Funding Has Carbon Raised?
- Series A
- Amount Raised: USD 11,000,000
- Date: December 2013
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and commercialize their 3D printing technology.
- Series B
- Amount Raised: USD 30,000,000
- Date: March 2015
- Lead Investors: Northgate Capital, Sequoia Capital, Silver Lake Kraftwerk
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product development.
- Series C
- Amount Raised: USD 100,000,000
- Date: August 2015
- Lead Investors: Google Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and improve manufacturing capabilities.
- Series C
- Amount Raised: USD 81,000,000
- Date: September 2016
- Lead Investors: BMW i Ventures, GE Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop their 3D printing technology and expand into new markets.
- Series D
- Amount Raised: USD 200,000,000
- Date: December 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support high-profile manufacturing partnerships and growth of the company's 3D printing technology.
- Series E
- Amount Raised: USD 260,000,000
- Date: June 2019
- Lead Investors: Baillie Gifford, Madrone Capital Partners
- Valuation at Round: USD 2.4 billion
- Motivation Behind the Round: To expand international growth, infrastructural costs, and create an Advanced Development Facility.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: July 2020
- Lead Investors: 40 North Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series Unknown
- Amount Raised: USD 1,350,000
- Date: December 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operational costs and minor expansions.
- Series Unknown
- Amount Raised: USD 60,000,000
- Date: November 2025
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and innovation in 3D printing technology.
Total Amount Raised: USD 743,350,000. Current Valuation: USD 2.4 billion.
Key Investors
- Sequoia Capital
- Details: Sequoia Capital is a prominent venture capital firm that has been a lead investor in multiple funding rounds for Carbon. The firm is known for its early investments in some of the world's most successful technology companies.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Apple, Google, Oracle
- 40 North Ventures
- Details: 40 North Ventures is an investment firm focusing on industrial technology companies. They have invested in Carbon to support its innovative 3D printing technology.
- Investment Focus Areas: Industrial technology
- Notable Investments: Desktop Metal, Carbon
- Baillie Gifford
- Details: Baillie Gifford is a long-term investment management firm that has recently invested in Carbon. They are known for their significant investments in high-growth technology companies.
- Investment Focus Areas: Technology, healthcare, consumer goods
- Notable Investments: Tesla, Amazon, Alibaba
- Madrone Capital Partners
- Details: Madrone Capital Partners is a private investment firm that has been a key investor in Carbon's recent funding rounds. They focus on high-growth companies in various sectors.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Carbon, SpaceX
- BMW i Ventures
- Details: BMW i Ventures is the venture capital arm of BMW, focusing on investments that shape the future of mobility. They have invested in Carbon to support its advancements in 3D printing technology.
- Investment Focus Areas: Autonomous driving, digital car and automotive cloud, e-mobility, artificial intelligence
- Notable Investments: ChargePoint, RideCell, Carbon
What's Next for Carbon?
Carbon's future is brimming with opportunities, particularly in expanding its high-profile manufacturing partnerships and tapping into the booming dental industry. With plans to increase production for Adidas and Ford, and a surge in demand for dental applications, the company is poised for significant growth. The establishment of the Advanced Development Facility will further enhance their R&D capabilities, paving the way for innovative solutions and international expansion.
Future fundraising efforts may include an IPO, given the substantial interest from venture capitalists and the recent $260 million Series E round. This influx of capital will support their ambitious plans, but challenges such as scaling production and managing international logistics remain. As Carbon navigates these hurdles, its commitment to innovation and strategic partnerships will be crucial in maintaining its competitive edge.
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