# Carbon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbon

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.carbon3d.com
- Total disclosed funding: $542M
- Latest round: Series E (Mar 22, 2019)
- Investors on record: 24

## About

Based in California, US, and was founded in 2013 by Joseph DeSimone, Ed Samulski, Steve Nelson, Philip DeSimone, Alex Ermoshkin, and Nikita Ermoshkin. Carbon, Inc. is led by CEO Craig Carlson. Carbon, Inc. develops a digital manufacturing platform and manufactures polymer products. In November 2025, Carbon, Inc. raised USD 60 million in venture funding round co-led by returning investors Sequoia Capital, Silver Lake, adidas, Baillie Gifford, Madrone Capital, and Northgate Capital.

The company offers Carbon DLS™ (Digital Light Synthesis), a technology of programmable liquid resins that enables products to be made directly from digital files. Carbon also offers M1 3D Printer which is ideal for companies starting to explore 3D printing for prototyping and low volume production, M2 Printer which can be used in a wide range of applications from prototyping to mass production and is ideal for smaller parts with intricate features. And L1 Printer is a large-format 3D printer and is ideal for or consistent, high-volume production of large parts or many small parts.

The company plans to use the November funding to expand production capacity.

## Funding rounds

- Series E, Mar 22, 2019, $120M — Hong Shan, Temasek Holdings, Johnson & Johnson Innovation, Madrone Capital Partners, Fidelity Investments, Baillie Gifford, Adidas AG, JSR Corporation, Arkema, Hydra Ventures, Gaingels
- Series D, Feb 14, 2018, $57M — Hong Shan, Silver Lake, Johnson & Johnson Innovation, Fidelity Investments, Reinet Investments, Hydra Ventures, Emerson Collective, GE Ventures, JSR, ARCHina Capital Partners, Baillie Gifford
- Series D, Dec 15, 2017, $143M — Hong Shan, Silver Lake, Johnson & Johnson Innovation, Fidelity Investments, Baillie Gifford, Reinet Investments, JSR Corporation, Hydra Ventures, GE Ventures, ARCHina Capital Partners, Emerson Collective
- Series C, Sep 12, 2016, $40M — Hong Shan, GV, Nikon Corporation, BMW Group, GE Ventures, JSR
- Series C, Jul 15, 2016, $41M — Hong Shan, GV, JSR Corporation, Nikon Corporation, BMW Group, GE Ventures
- Series C, Aug 10, 2015, $100M — Hong Shan, Silver Lake, Northgate Capital, Reinet Investments, GV, FIS Global
- Series B, Sep 16, 2014, $30M — Hong Shan, Silver Lake, Northgate Capital
- Series A, Oct 29, 2013, $11M — Hong Shan, Northgate Capital, Wakefield Group, Piedmont Partners Group Ventures

## Investors

- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Northgate Capital (https://capitalatlas.ai/funds/northgate-capital) — Series A, Series B, Series C
- Wakefield Group (https://capitalatlas.ai/funds/wakefield-group) — Series A
- Piedmont Partners Group Ventures (https://capitalatlas.ai/funds/piedmont-partners-group-ventures) — Series A
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series B, Series C, Series D
- Reinet Investments — Series C, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series C
- FIS Global — Series C
- JSR Corporation — Series C, Series D, Series E
- Nikon Corporation — Series C
- BMW Group — Series C
- GE Ventures — Series C, Series D
- JSR — Series C, Series D
- Johnson & Johnson Innovation (https://capitalatlas.ai/funds/johnson-johnson-innovation) — Series D, Series E
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series D, Series E
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series D, Series E
- Hydra Ventures — Series D, Series E
- ARCHina Capital Partners (https://capitalatlas.ai/funds/archina-capital-partners) — Series D
- Emerson Collective — Series D
- Temasek Holdings — Series E
- Madrone Capital Partners — Series E
- Adidas AG — Series E
- Arkema — Series E
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series E