Velo3D has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $70,000,000.00 in Post-IPO Equity.
According to filings with the U.S. Securities and Exchange Commission, Velo3D is raising $70,000,000.00 in new funding. About Velo3D: Velo3D, Inc. produces metal additive three dimensional printers in the United States and internationally. The company’s printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other high value metal parts, which it sells or leases to customers for use in their businesses. It offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire and Sapphire XC printers; Assure, a quality control software platform that includes process metrologies; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data, and the advanced printing technology for precision control of the entire print. The company also provides support services. Its customers range from small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, energy, and industrial markets. The company was founded in 2014 and is headquartered in Campbell, California.
To learn more about Velo3D, visit http://velo3d.com/
Contact:
Benny Buller, Chief Executive Officer
408-610-3915
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