Rise up from that pile of 45x45mm high-precision extruded aluminum for a moment and pay attention. Vention has announced a $38M CAD ($28.1M USD) series-B financing round to spread its cloud-based machine-building bliss far and wide. This brings their funding total to $58.5M CAD ($43.4 USD) since their first Seed Round in 2018. The funding…
Well, well, well. Tech Soft 3D, the developer of the HOOPS family of CAD data translation, 3D PDF, visualization, and toolkits for web, desktop, and mobile, has just announced “significant investment” from global, technology-focused investment firm Battery Ventures. This represents their first bit of funding since the Oregon-based company’s founding in 1996. Tech Soft 3D…
Between September 16th-20th this year, Denver was overflowing with out-of-towners for Denver Startup Week. (Which was much to the dismay of native Denverite Uber passengers.) Here, you can read about the many physical product development related goings-on at this free conference. There were a lot. See below for the video: The Venue I try not…
3DAGOGO, the startup company behind 3D print cloud service provider Astroprint, is attempting to raise funds through crowdsourcing. The MicroVentures campaign intends on raising at least USD $50,000 for the company, with a maximum amount set at USD $500,000. As of this writing, early into the campaign, they’ve raised a little over USD $20,000. On…
Xometry, an advanced manufacturing/prototyping software platform, has recently acquired $23 Million in investment capital from GE Ventures, Highland Capital Partners and others to help accelerate development of its advanced manufacturing platform. Put another way, the company gained a ton of funds to ramp up development of their online quoting systems and software integration to dominate…
Just six months after they announced $30M in Series C funding, Onshape has announced $80M in new funding, led by Silicon Valley firm Andreessen Horowitz, known for their investment in Airbnb, Box, Facebook, Github, Twitter, Skype and others. This brings Onshape’s funding efforts to a grand, grin-inducing total of $144M.
Imagine working on a project, modeling and simulating the design, in the very environment. A 100% dimensionally accurate environment that you shot with your mobile device. It’s an ability we’ve talked about here before, considered the effect on product development and honestly, thought would be here much sooner. We’ve scanned parts, reference geometry and rooms…
Unless you’re living under a rock, you’ve seen either the FlyKly Smart Wheel or the Superpedestrian Copenhagen Wheel — probably somewhere in your Facebook News Feed. As an avid cyclist, I knew the first moment I saw the Copenhagen Wheel that I would buy one, but got pretty confused when FlyKly launched their Kickstarter campaign…
What do you do after growing an engineering community to 70,000 users and 20,000 models? You snag a massive 4 million in series A funding to add to the 1.1 million seed round previously achieved. The GrabCAD engineer and design community did just that to kick off the new year, with plans to grow the…
You may have thought it, you may have sensed it, you may have felt it rub up against your ear and frighten you slightly. GrabCAD has closed another round of funding. This time, the 3D model-pumpin’ engineering community means million dollar business. Filling the roster of investment firms, they have Matrix Partners, Atlas Venture and…