# Velo3D

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/velo3d

- Industry: Industrial Machinery
- Headquarters: Campbell, US
- Website: www.velo3d.com
- Total disclosed funding: $40M
- Latest round: Series D (Jun 15, 2020)
- Investors on record: 5

## About

Based in California, US, and founded in 2015 by Benny Buller, Velo3D, Inc. operates as a developer of laser powder bed fusion (LPBF) additive manufacturing systems, 3D printing systems, and flow print preparation software and integration technology. In April 2020, Velo3D, Inc. raised USD 28 million in a Series D funding led by Piva, with participation from Khosla Ventures, Bessemer Investors, Playground Global, LLC and Taiyo Nippon Sanso Corp. This brings VeLo3D’s total funding to USD 138 million. Benny Buller is the CEO of Velo3D, Inc. The company is listed in New York Stock Exchange (NYSE) under the ticker symbol VLD. As of September 2021, the company employs 144 people. 

Velo3D, Inc. offers metal additive three-dimensional printers, which enable the production of components for space rockets, jet engines, fuel delivery systems, and other high-value metal parts. The company also provides Flow, a proprietary software platform that is used to scan part designs for geometrical features. In addition, the company also offers the Sapphire® family of printers, and the Assure™ quality control system powered by Velo3D's Intelligent Fusion™ manufacturing process. The company also provides support services to its customers that range from small to medium-sized companies doing business in space, aviation, energy, defense and industrial markets. 

Velo3D, Inc. generates revenue from the sale and lease of its products to customers for use in their businesses. In the fiscal year 2020, the company generated USD 19 million in revenues as compared to UDF 2 million in 2018. 

The company plans to use its proceeds from a Series D funding round to expand its product portfolio to include more machine options, compatible alloys and enhanced software and hardware capabilities.

## Funding rounds

- Series D, Jun 15, 2020, $40M — Khosla Ventures, Playground Global, LLC, Piva, Bessemer Investors, Taiyo Nippon Sanso Corp
- Series C, Feb 16, 2018 — Khosla Ventures
- Series B, Oct 12, 2016 — Khosla Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series B, Series C, Series D
- Playground Global, LLC — Series D
- Piva (https://capitalatlas.ai/funds/piva) — Series D
- Bessemer Investors (https://capitalatlas.ai/funds/bessemer-investors) — Series D
- Taiyo Nippon Sanso Corp — Series D