Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

Funding

3D Ventures and its affiliates agreed yesterday to invest $30m in Evolve Additive Solutions, a US-based thermoplastics manufacturing technology developer spun off by 3D printer provider Stratasys. Tool producer Stanley Black & Decker, toy manufacturer Lego and an undisclosed third investor provided $19m in funding for Evolve in 2017 before the former added an undisclosed amount in June 2020.

CollegeDekho, an India-based online education discovery service spun off by software development services provider GirnarSoft, has raised $26.5m in…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.