# Azul 3D

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azul-3d

- Industry: Industrial Machinery
- Headquarters: Skokie, US
- Website: www.azul3d.com
- Total disclosed funding: $15M
- Latest round: Series A (Oct 10, 2023)
- Investors on record: 3

## About

Azul 3D, Inc. is a US-based manufacturer specializing in innovative digital manufacturing solutions, notably through their advanced OCEAN™ platform that offers unprecedented build capabilities and efficiency in production.Founded in 2016, Azul 3D, Inc. is focused on digital manufacturing solutions, offering cutting-edge 3D printing technology. The company has not undergone any significant pivots and operates independently without any subsidiaries. The founders, David Walker and James Hedrick, have not been noted for founding other companies. Azul 3D, Inc. is headquartered in Skokie, US. The company has completed 3 deals, with the most recent being a Series A funding round in October 2023, during which they raised USD 15.00 mn led by DuPont and included participation from Beta Lab and GS Futures, bringing their total amount raised to USD 15.00 mn and current valuation to USD 67.736 mn.Azul 3D specializes in advanced digital manufacturing solutions, primarily through its flagship product, the OCEAN™ platform, which has the largest build area of any commercially available area-wide printer—measuring 812 mm x 812 mm with a build speed of 300 mm per hour. The OCEAN™ platform utilizes Azul 3D’s proprietary HARP™ technology, enabling continuous printing of precise products without layers. Their technology serves diverse industries that require custom material formulations, extending their reach beyond the US into growing markets in Europe and Asia.Azul 3D operates on a B2B model, focusing on partnerships and direct sales to industrial clients needing high-volume production capabilities. Revenue is generated from OCEAN™ platform sales and custom material formulations tailored to client specifications. Clients can purchase or lease equipment, with ongoing supply contracts for proprietary materials. The company has raised USD 15.00 mn to date, reflecting investor confidence in its innovative approach and potential for growth in manufacturing.In October 2023, Azul 3D, Inc. raised USD 15.00 mn in Series A funding led by DuPont, with participation from GS Futures and Beta Lab. The company plans to use this funding to scale production of specialty components for electronics and personalized devices, enhancing their manufacturing capabilities. They are targeting international markets, particularly in Europe and Asia, for expansion, aligning with the growing demand in those regions.

## Funding rounds

- Series A, Oct 10, 2023, $15M — DuPont, GS Futures, Beta Lab

## Investors

- DuPont — Series A
- GS Futures (https://capitalatlas.ai/funds/gs-futures) — Series A
- Beta Lab (https://capitalatlas.ai/funds/beta-lab) — Series A