Norcross, GA – According to filings with the U.S. Securities and Exchange Commission, WEAV3D is raising $1,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Christopher Oberste 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 WEAV3D

WEAV3D Inc. is commercializing a composite forming technology that was developed at the Georgia Institute of Technology. The WEAV3D composite forming machine combines weaving and composite consolidation into an automated, continuous process, which reduces waste, cycle time, and material handling costs. Composite parts fabricated using this technology can reduce part cost by up to 75% when compared to carbon fiber composites formed using traditional methods.

To learn more about WEAV3D, visit http://www.weav3d.com/

Contact:
Christopher Oberste, Chief Executive Officer
678-836-8103
https://www.linkedin.com/in/christopher-oberste-b886435a/

SOURCE: http://www.intelligence360.io
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