{"id":68100,"date":"2019-07-29T12:52:31","date_gmt":"2019-07-29T04:52:31","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/carbon-seeks-to-raise-up-to-300-million-in-series-e-funding.3dm"},"modified":"2019-07-29T12:52:31","modified_gmt":"2019-07-29T04:52:31","slug":"carbon-seeks-to-raise-up-to-300-million-in-series-e-funding","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/carbon-seeks-to-raise-up-to-300-million-in-series-e-funding\/","title":{"rendered":"Carbon seeks to raise up to $300 million in Series E funding"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Carbon<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">the Silicon Valley-based start-up behind <\/span><span style=\"font-weight: 400;\">Digital Light Synthesis<\/span><span style=\"font-weight: 400;\">(DLS), is raising up to $300 million in Series E funding, according to financial data provider <\/span><span style=\"font-weight: 400;\">PitchBook<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Seattle-headquartered firm estimates that this funding could value Carbon at up to $2.5 billion, an increase from its prior valuation of $1.7 billion. The details of this financing have not yet been disclosed. <\/span><\/p>\n<p>In a previous interview with <a href=\"\/service\/3d-printing\"> Industry<\/a>, Joe DeSimone, CEO and co-founder of Carbon, expressed the company&#8217;s goal \u201cto change the way people design, engineer, make and deliver the product to the customer.\u201d<\/p>\n<figure id=\"attachment_126427\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-126427\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole.png\" alt=\"An adidas Futurecraft 4D 3D printed sneaker midsole. Photo via Carbon\" width=\"1024\" height=\"822\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole.png 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole-770x618.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole-200x161.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole-500x401.png 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">An Adidas Futurecraft 4D 3D printed sneaker midsole. Photo via Carbon.<\/figcaption><\/figure>\n<p><strong>Capital for Carbon <\/strong><\/p>\n<p>Over the past few years, Carbon has raised approximately $422 million. Contributing to this capital is the company&#8217;s first round of series D funding in 2017 which raised a total of $200 million. Prior to this Carbon, in 2015, announced a $100 million Series C funding round led by Google Ventures.<\/p>\n<p>With its capital Carbon has launched additive manufacturing technology for various industries. In February, it unveiled a new system: the Carbon L1 printer. This is the company&#8217;s first new 3D printer since the M2 launched in 2017.  American football equipment provider Riddell became the L1\u2019s first customer.<\/p>\n<p>In the same month, Carbon launched a range of new 3D printing solutions for the dental market. This included the M2D 3D printer, dental resins, and industry-specific updates for its operating software.<\/p>\n<p>Carbon also continues to collaborate with German footwear giant adidas by extending its line of shoes utilizing Futurecraft 4D technology, with British fashion designer Stella McCartney.<\/p>\n<p>With the goal of changing the way consumer products are manufactured, it will be interesting to see how this new funding round will be utilized.<\/p>\n<figure id=\"attachment_148264\" style=\"width: 3000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-148264\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab.png\" alt=\"A lab of Carbon L1 3D printers. Photo via Carbon\" width=\"3000\" height=\"2000\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab.png 3000w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab-150x100.png 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab-1024x683.png 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab-770x513.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab-200x133.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/02\/Carbon-L1s-Lab-500x333.png 500w\" sizes=\"(max-width: 3000px) 100vw, 3000px\" \/><figcaption class=\"wp-caption-text\">A lab of Carbon L1 3D printers. Photo via Carbon.<\/figcaption><\/figure>\n<p><i><span style=\"font-weight: 400;\">Vote for Carbon in the&#8221;Consumer Product of the year&#8221; category for the <\/span><\/i><i><span style=\"font-weight: 400;\">2019 <a href=\"\/service\/3d-printing\"> Industry Awards<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Subscribe to our<\/span><\/i> <i><span style=\"font-weight: 400;\">3D printing newsletter<\/span><\/i><i><span style=\"font-weight: 400;\"> and follow us<\/span><\/i> <i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\"> and<\/span><\/i> <i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\"> for the latest additive manufacturing updates.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Visit our<\/span><\/i> <i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> board to find out more about opportunities in additive manufacturing.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Featured image shows a closeup of 3D printed lattice struts for the Precision-Fit SpeedFlex Precision Diamond helmet lining. Photo via Carbon.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carbon, the Silicon Valley-based start-up behind Digital Light Synthesis(DLS), is raising up to $300 million in Series E funding, according to financial data provider PitchBook. The Seattle-headquartered firm estimates that this funding could value Carbon at up to $2.5 billion, an increase from its prior valuation of $1.7 billion. The details of this financing have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182359,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/12\/An-adidas-Futurecraft-4D-midsole-printing-on-a-Carbon-M-series-printer-to-include-varying-lattice-structures-along-the-midsole.png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Carbon 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