Freeform, a Hawthorne, CA-based metal 3D printing company, raised USD45M in funding.
The round was led by Two Sigma Ventures, Founders Fund and Threshold Ventures. Mo Islam, Partner at Threshold, and Dusan Perovic, Partner at Two Sigma, joined Freeform’s Board of Directors.
The company intends to use the funds to accelerate growth, expand operations, and its business reach.
Led by CEO Erik Palitsch, Freeform deploys software-defined, autonomous metal 3D printing factories around the world, bringing on-demand production to mainstream industries at any scale. Its printing technology and manufacturing-as-a-service model eliminate production barriers by enabling manufacturers in any industry to quickly go from idea to volume production.
The proprietary technology stack brings the scalability of software to physical production by leveraging advanced sensing, real-time controls, and data-driven learning in a scalable factory architecture. As a result, the company is producing digitally-verified, high-quality parts at speed and cost. This approach enables all industries to innovate faster by leveraging additive manufacturing to produce parts at mass production scale.
