Fast Radius

Industrial MachinerySeries BChicago, USfastradius.com

Latest round

Series B

Last raised

Jul 2019

Total raised

$57M

Investors

7

About Fast Radius

Founded in 2015 and based in Illinois, US, Fast Radius, Inc. operates as a provider of additive manufacturing services. The company was founded by its CEO Lou Rassey, alongside Pat McCusker, Bill King, and John Nanry. The company has 115 employees. The company's product is Cloud Manufacturing Platform™, a software that provides specific solutions for external users and internal operations by analyzing the data about specific parts it is creating to develop and make new products using cutting-edge technology. It also offers Virtual Warehouse, a software that allows the management of various parts within a cloud environment. The company offers solutions including active manufacturing, CNC machining, injection molding and urethane casting. The company's revenue is generated by the sales of its core product Cloud Manufacturing Platform™ to various organizations such as Satair, Aotiv, and Curtiss.19 million in sales. The company will become a public company through a merger and plans to use the proceeds to support its continued growth across customer acquisition, software development, and micro-factory expansion.

Who invested in Fast Radius

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Jul 17, 2019

    Amount

    $0.5M

    Investors

    Locked

  2. Series B

    Mar 21, 2019

    Amount

    $48M

    Investors

    Locked

  3. Series A

    Nov 13, 2017

    Amount

    $8.8M

    Investors

    Locked

Questions about Fast Radius

Who invested in Fast Radius?

Fast Radius has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fast Radius raised?

Fast Radius has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Fast Radius last raise money?

Fast Radius's most recent round on record is a Series B, in Jul 2019.

What does Fast Radius do?

Founded in 2015 and based in Illinois, US, Fast Radius, Inc.

Where is Fast Radius headquartered?

Fast Radius is headquartered in Chicago, US.

Which VCs invest in companies like Fast Radius?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Fast Radius's stage. Their profiles are linked below.

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