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Seurat Technologies Raises $99M To Deploy Local Printing Factories, Decarbonize Manufacturing

Oct 30, 2023about 2 years ago

Amount Raised

$99 Million

Wilmington

Investors

Xerox VenturesManiv Mobility LpGeneral Motors VenturesDenso GlobalPorsche Automobil Holding SeSip Global PartnersTrue VenturesCubit CapitalHonda MotorN Ventures

Description

Seurat Technologies, the 3D metal printing leader that is making manufacturing better for people and the planet, today announced a $99 million Series C round led by NVentures, NVIDIA's venture capital arm and Capricorn's Technology Impact Fund focused on climate solutions.

Company Information

Company

Seurat Technologies

Location

Wilmington, Delaware, United States

About

Seurat Technologies is creating the next generation of metal printers designed for industrial serial production. Seurat’s patented Area Printing (TM) additive manufacturing technology will allow manufacturers to cost effectively print metal parts at scale combining unprecedented speed, precision, part integrity and reliability. Seurat’s pioneering approach includes technology originally developed at Lawrence Livermore National Laboratory (LLNL) by a team that included Seurat’s CEO and Co-Founder, James DeMuth. Learn more at www.seuratech.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech