Milpitas California based Arevo is raising $51,253,301.00 in Equity Investment.
Milpitas, CA – According to filings with the U.S. Securities and Exchange Commission, Arevo is raising $51,253,301.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Sonny Vu played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Arevo
AREVO, based in Silicon Valley, California, develops technology to enable direct digital additive manufacturing of ultra-strong, lightweight composite parts for end use applications in high volume. With our unique combination of breakthrough materials, powerful design/build software, and free motion robotics for the first true 3D construction, AREVO is moving beyond prototypes by enabling the design and fabrication of large, mass-produced parts and structures, quickly leading 3D printing into mainstream manufacturing. AREVO provides designers and manufacturers with unprecedented freedom to unlock the unparalleled strength and weight of composite materials for a wide range of consumer and industrial products, and has seen early success manufacturing CFRTP composite parts for OEM customers. With an initial focus on Aerospace, Defense, Consumer Electronics, Transportation, and Consumer Goods, Arevo is poised to optimize additive manufacturing services to OEMs worldwide.
To learn more about Arevo, visit http://www.arevolabs.com/
Contact:
Sonny Vu, Chief Executive Officer
408-780-3993
https://www.linkedin.com/in/sonnyvu/
SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved