VC fundraising for 3D printing companies
Additive went through one of the cleanest boom-bust capital cycles of the last decade. Public-market multiples on hardware platforms collapsed after the SPAC-era listings, the generalist investor base exited, and the active capital pool today is narrower and more disciplined. Investors who stayed underwrite on installed base, materials revenue and qualified parts pipeline rather than headline order books.
The active investor mix runs across deep-tech specialists (Lux, DCVC, 8VC) and advanced-manufacturing growth funds for hardware and materials platforms, with corporate venture arms of the chemicals and materials majors active on powder, resin and consumables operators. Sovereign-backed industrial vehicles have also been steady participants on capital-intensive rounds. Flow has direct relationships with the specialist funds, growth investors and CVCs active in the category.
Flow has experience running VC fundraising processes for 3D printing companies across industrial hardware, polymer and metal materials, software and workflow platforms, and aerospace and medical service bureaus. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.
"3D printing" KPIs VC investors look at
The metrics venture investors benchmark before pricing a round - in diligence, at the IC table, on the term sheet.
Units shipped
Installed base
Materials revenue
Materials attach per machine
Machine utilisation
Hardware gross margin
Materials gross margin
Service & parts revenue
Software ARR
Warranty reserve %
Backlog
3D printing valuations in May 2026
Public 3D printing comps trade at 2.3x EV/Revenue. Median revenue multiple across 3D printing VC rounds was 11x in the last 12 months.
2.3x
Median EV/Revenue as of May 2026 for public 3D printing companies
7.1x
Autodesk is the highest valued public 3D printing company based on EV/Revenue (excluding outliers)
0.4x
Median EV/Revenue across 3D printing M&A deals in the last 12 months
11x
Median EV/Revenue across 3D printing VC rounds in the last 12 months
Key recent 3D printing VC rounds
$220M Series D raised by VulcanForms was the largest 3D printing VC round completed in the last six months.
See all 3D printing VC rounds| Logo | HQ | Description | Investors | |||||
|---|---|---|---|---|---|---|---|---|
Jan-26 | VulcanForms |  | VulcanForms is a Burlington-headquartered digital foundry that operates a 100,000-square-foot additive manufacturing facility using proprietary multi-laser metal 3D printing. Established in 2015, it produces complex parts for aerospace, defense, and medical sectors, serving clients like GE Aviation with production rates up to 80 kg per hour per machine. | 1789 CapitalEclipse Ventures+3 | $220M | - | Series D | |
Jan-26 | Hadrian | | Hadrian is a Los Angeles-headquartered precision manufacturing firm automating factories for aerospace and defense sectors. It deploys software-controlled robotic systems producing high-tolerance metal components such as turbine blades, satellite brackets, and rocket engine parts from materials including titanium and Inconel. Founded in 2020, the company equips facilities for clients building SpaceX rockets, Boeing jets, and Joby Aviation eVTOLs, reducing lead times from weeks to days through AI-orchestrated machining centers. | Altimeter CapitalAndreessen Horowitz+10 | $131M | $1.6B | Undisclosed stage | |
Jan-26 | Freeform | | Freeform deploys autonomous metal 3D printing factories using AI-driven controls for high-volume production of aerospace and automotive parts. The Los Angeles-based company's systems produce titanium and steel components with zero defects via real-time sensing and machine learning. Factories operate in the U.S. and Europe, serving clients like SpaceX since 2021. | - | $59M | $179M | Undisclosed stage | |
Dec-25 | Wellari |  | Wellari is a Shanghai-based producer of metal powders for 3D printing, specializing in superalloys, titanium, tool steels, and aluminum alloys for aerospace and automotive parts. Certified to AS9100 standards, it supplies powders with particle sizes from 15-45 microns to clients like GE Aviation. Operating a 10,000 sqm facility since 2016, Wellari exports to Boeing suppliers in Seattle and exports 500 tons annually. | CICC CapitalCMB International Capital Corporation+2 | $44M | $302M | Series C | |
Apr-26 | AMT | | AMT is an American medical technology company offering 3D printed vascular stents. Utilizes proprietary 3D multi-axial printing technology to develop fully biodegradable coronary and peripheral stents for the medical field. | Global Hedge Fund ManagementHenan Key Intellectual Property Fund+1 | $29M | $218M | Series D | |
Apr-26 | Ethereal Machines |  | Ethereal Machines is a Bengaluru-based precision engineering firm combining additive and subtractive manufacturing for high-tolerance metal parts. It produces components for aerospace, automotive, and medical devices using proprietary multi-process CNC machines that integrate 5-axis milling with directed energy deposition. Founded in 2019, the company serves clients like Larsen & Toubro and Boeing suppliers, operating a 20,000 square foot facility in India with expansion to the U.S. Ethereal Machines emphasizes design-for-manufacturability software reducing production time by integrating CAD directly into machining workflows. | Avataar Venture PartnersEventures India+5 | $29M | $158M | Series B | |
Apr-26 | Minish Technology |  | Minish Technology is a dental technology provider offering CAD/CAM systems and integrated 3D scanner-printer solutions. Its products enable precise digital workflows for oral prosthetics, implants, and restorations in dental practices worldwide. Headquartered in South Korea, the company supports labs and clinics with software for design, milling, and printing. Minish Technology's scanners capture intraoral data at high resolution, streamlining production from scan to final product via minishtech.com. | VIG Partners | $22M | $110M | Undisclosed stage | |
Jan-26 | Agile Space Industries | | Agile Space Industries is an aerospace propulsion company designing and manufacturing in-space propulsion systems for satellites and spacecraft using metal 3D printing technology. The company operates purpose-built propulsion test facilities with over a decade of experience testing rocket engines for defense, civil, and commercial space programs. Engineering team includes alumni from SpaceX, NASA, and Aerojet Rocketdyne. | - | $22M | $8.0B | Undisclosed stage | |
Dec-25 | Polyuse |  | Polyuse is a Tokyo-based developer of large-scale 3D concrete printers for construction and civil engineering projects. Its robotic extrusion systems print walls, bridges, and modular structures using geopolymer and cement mixes. The technology reduces labor by 80 percent and enables complex geometries on sites in Japan and Southeast Asia. Polyuse collaborates with Shimizu Corporation and Kajima on pilot projects for disaster-resilient housing. | Daiwa House VenturesGlobis Capital Partners+3 | $17M | - | Series B | |
Nov-25 | 6K Additive | | 6K Additive Inc is a U.S-based manufacturer of premium metal powders for additive manufacturing and alloy additions for the aluminum melt industry, all made from sustainable sources. Its products include: Spherical Metal Powder, Angular Metal Powder, and Alloy Additions. | - | $15M | $190M | Series A | |
May-26 | kokoni | | kokoni is a 3D printer brand from Moxin (Huzhou) Technology Co., LTD. | Shanghai FullhanLianrong Zhidao+1 | $15M | - | Seed | |
Jan-26 | Vision 3D | | Vision 3D is a China-based provider of 3D digitization and scanning services for aerospace, automotive, energy, and manufacturing industries. | Hangxin ChuangzhiIndustrial Securities Capital+3 | $14M | - | Seed | |
Jan-26 | A | Atom Reshape | | Atom Reshape is a consumer-oriented 3D printing solution integrating AI to streamline the final production phase, enabling accessible home fabrication with simplified workflows. | Chuhui CapitalKington Capital+1 | $14M | - | Seed |
Feb-26 | Baroy New Materials | | Baroy New Materials is a China-based producer of electronic functional materials for 3D printing, including conductive inks, filaments, and pastes for circuit fabrication. The company supplies additive manufacturing firms in electronics, aerospace, and automotive industries from its facilities in Shenzhen. | Suzhou Yunshi Fund | $9.5M | - | Series B | |
Feb-26 | Creative 3D Technologies | | Creative 3D Technologies is a developer of single-cell manufacturing systems combining multiple fabrication capabilities in one machine. Platform integrates 3D printing, wiring, assembly, semiconductor fabrication, and post-processing operations, eliminating traditional production line configurations. Approach moves from tool to tool within one system to produce complete end-use products. Strategy focuses on establishing market position in specific industries before expanding to broader manufacturing applications. | Greenwood Tech InvestmentsMetaLucks+3 | $5.0M | - | Seed |
VC investors active in 3D printing
Bpifrance is the most active VC investor across 3D printing, having invested in 4 startups in the last three years.
See all 3D printing VCs| Logo | HQ | Description | Key portfolio | |||
|---|---|---|---|---|---|---|
Bpifrance |  | Bpifrance is a Paris-headquartered public investment bank owned by the French state and Caisse des Dépôts that finances SMEs, mid-caps, and innovation projects. It offers loans, equity, guarantees, and export financing through funds like Large Venture and InnoBio, operating via 50 regional offices across France. | HumminkLattice MedicalChat3D+2 | 4 | Seed | |
Andreessen Horowitz | | Andreessen Horowitz is a Menlo Park-headquartered venture capital firm founded in 2009 that targets seed through late-stage investments in software infrastructure, consumer internet, enterprise applications, fintech, cryptocurrency, and biohealthcare. The firm has backed Airbnb, Coinbase, GitHub, Lyft, and Stripe, maintaining offices in San Francisco and Santa Clara. | HadrianBackflip AIMoment+2 | 4 | Series A | |
Antler |  | Antler is a Singapore-headquartered global venture capital firm founded in 2017 that invests in early-stage tech companies. It operates day-zero programs in 27 cities, backing 1,000+ startups with $100 million deployed annually across AI, fintech, and sustainability. Portfolio includes unicorns like Hold One and Tiqets, with a network of 3,000 mentors and 700+ investors for follow-ons. | Smart TissuesKoobzSand Made+2 | 4 | Pre-seed | |
SFC Capital |  | SFC Capital is a London-based seed investment firm acting as the UK's most active early-stage backer for startups. It deploys capital through SEIS and EIS qualifying funds and an angel network, curating diversified portfolios for investors. The firm supports British tech and innovation companies with funding and mentorship. | OSSTEC4D BiomaterialsHybrid Manufacturing Solutions+2 | 4 | Seed | |
Cubit Capital | | Cubit Capital is a London-based venture capital firm investing in early-stage technology companies across Europe. | Firehawk AerospaceHadrianSeurat Technologies+2 | 4 | Series C | |
Alumni Ventures | | Alumni Ventures is a Manchester, New Hampshire-headquartered venture capital firm managing diversified portfolios for 10,000 accredited investors. Operations run 50 funds targeting seed through Series B stages in AI, biotech, and climate tech. Sourcing draws from 1,000 university alumni networks with co-investments alongside Sequoia and a16z across 1,400 portfolio firms. | MantleNANOCHONARRIS+2 | 4 | Seed | |
SZHTI Group | | SZHTI Group is a Shenzhen-based financial services provider offering asset management, leasing, and investment consulting for real estate and infrastructure projects. Founded in 2005, the company manages portfolios exceeding RMB 10 billion, focusing on commercial properties in Guangdong province. SZHTI partners with state-owned enterprises for equipment financing and venture capital in green energy sectors. Its subsidiaries handle property valuation and debt restructuring for developers in southern China. | ElegooLight FutureYingshen Intelligence+1 | 3 | Series B | |
Founders Fund | | Founders Fund is a San Francisco-headquartered venture capital firm founded in 2005 that invests across all stages in revolutionary technologies. Sectors include aerospace, artificial intelligence, advanced computing, energy, health, and consumer internet. Portfolio companies encompass SpaceX, Palantir Technologies, Stripe, and Anduril. The firm maintains a global presence with offices in San Francisco and Miami. | HadrianArmadaFractile+2 | 3 | Series B | |
Construct Capital | | Construct Capital is a San Francisco-based venture capital firm investing in seed and Series A rounds for software transforming manufacturing, supply chain, food, and transportation. Founded in 2020, it backs companies modernizing sectors contributing to U.S. GDP. | HadrianCowboy SpaceShade+2 | 3 | Series B | |
Lux Capital | | Lux Capital is a New York City-headquartered venture capital firm investing in deep tech sectors including biotechnology, materials science, and artificial intelligence. The fund backs early-stage companies developing quantum computing hardware, gene editing tools, and advanced robotics. With offices in Silicon Valley and Boston, Lux supports portfolio firms through technical expertise and industry networks. | HadrianArmadaApplied Compute+2 | 3 | Series B |
Founders and investors we've worked with
We've supported winning builders across 3D printing and beyond.
Metaloop
We acted as fundraising advisor to Metaloop, an Austrian online marketplace for scrap metal trading, on its seed round with FJ Labs, helping shape its KPI-driven equity story.
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Orka
We advised Elysian Fields on its investment into Orka, a Reykjavik-based portfolio of online consumer lending platforms, supporting deal structuring and growth-capital deployment in the Icelandic fintech market.
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GoTrendier
We advised GoTrendier, the leading second-hand fashion marketplace in LatAm (Mexico and Colombia), on its $14m Series B fundraise led by IDB.
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Ziik
We acted as fundraising advisor to Ziik, a Copenhagen-based all-in-one social intranet and internal communication SaaS platform, on its growth funding round.
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Sentryc
We led the capital raising process for Sentryc, a Berlin-based AI-driven brand protection and IP software provider, on its growth round led by Seventure Partners.
See moreRecent VC fundraising track record
See our VC fundraising experience across 3D printing and beyond.
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