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Freeform raises $67M Series B to scale up laser AI manufacturing

Freeform secures $67M in Series B funding to advance its 3D metal printing technology, upgrading from its current system using 18 lasers to a new model, Skyfall, featuring hundreds of lasers. Founded by ex-SpaceX engineers, Freeform aims to enhance manufacturing efficiency with AI-driven systems, supported by major investors like Nvidia and Founders Fund.

Key points

  • Freeform raised $67M in Series B investment for scaling its manufacturing platform.
  • The funding will help upgrade the GoldenEye printing system to the new Skyfall system, which uses hundreds of lasers.
  • The startup, founded in 2018 by former SpaceX engineers, aims to produce metal components more efficiently.
  • Freeform's technology is 'AI native' and integrates Nvidia's advanced GPUs for real-time simulations.
  • The company plans to hire 100 new employees to meet contract demands, currently delivering hundreds of critical parts.

Why it matters

  • The trend in manufacturing-as-a-service is rising, with significant investments in automated and advanced manufacturing technologies.
  • Other companies like Hadrian and VulcanForms are also focusing on scaling up metal printing and automated production.
  • This funding round reflects ongoing investor interest in startups that blend manufacturing with cutting-edge technology to enhance production speed and affordability.

Freeform's successful funding effort represents a significant step in leveraging AI and advanced manufacturing technologies, aiming to revolutionize metal component production while addressing growing market demands.