- Portfolio News
- 21 November, 2024
3D Hubs, the automated manufacturing platform, has raised an $18M Series C round led by Endeit Capital, with participation from Balderton, Hearst Ventures, EQT Ventures, Arthur Kosten and Erik de Bruijn.
The funding will be used to open a new office in the United States to continue growing the company’s US team and to further develop the automation of its manufacturing platform and integrate it more deeply into both customer and supplier workflows. The 3D Hubs platform allows users to directly upload CAD files for an instant quote and lead time before automatically sourcing a supplier on the back end, completing a process that usually takes several weeks in just a few minutes. The platform allows companies across industries such as aerospace, aviation, energy, healthcare and robotics to reliably and efficiently outsource manufacturing processes with reduced risk.
The 3D Hubs polyjet machine creates parts of high dimensional accuracy with a very smooth surface finish.
With over 20,000 businesses now using 3D Hubs, the company’s net revenue tripled in 2018 alone. 3D Hubs now works with over 250 trusted suppliers and has produced more than two million customized, high-precision parts to date. Since 2015, 27% of Fortune 100 companies have ordered with 3D Hubs.
3D Hubs is tackling one of the biggest challenges we face as a planet – how we continue to manufacture things in a global marketplace, but in a socially, economically and environmentally sustainable way. By combining the latest technical advances in manufacturing with their proprietary software and global network, 3D Hubs helps makers of all shapes and sizes tackle some of those questions, giving global brands and first-time designers access to instant, high-quality manufacturing services anywhere in the world
Read more about the fundraise: