Carbon3D is a company that specializes in 3D printing technology, specifically a process called Continuous Liquid Interface Production (CLIP). In March 2015, Carbon3D announced that it had raised $100 million in a funding round led by Google Ventures and including several other investors.
The funds were intended to support the development of Carbon3D’s CLIP (Continuous Liquid Interface Production) technology, which promised to revolutionize the 3D printing industry by enabling faster and more accurate production of complex parts. This investment was significant as it marked one of the largest investments in 3D printing technology at the time and helped Carbon3D to develop its technology further and expand its operations.
CLIP uses a liquid resin cured using a light source, allowing faster printing speeds and more precise part production than traditional 3D printing methods. Carbon3D claimed its technology could produce parts up to 100 times faster than other 3D printing methods while offering superior quality.
The $100 million funding round helped Carbon3D to develop its technology further and expand its operations. The company has since continued to innovate and improve its 3D printing technology, releasing new printers and materials used in various industries, including automotive, medical, and aerospace.
The investment from Google Ventures and other investors helped Carbon3D establish itself as a leader in the 3D printing industry and develop a technology that can transform manufacturing and production processes across many industries.
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