3D metal printing company MatterFab has raised approximately $5.8m in a series A round featuring General Electric's corporate venturing unit.
US-based metal 3D printer manufacturer MatterFab closed a $5.75m series A round yesterday that included GE Ventures, industrial conglomerate General Electric’s corporate venturing unit.
The round also featured Innovate Indiana Fund, an early-stage fund that backs startups with a connection to Indiana University. The funding will support the design and development of what MatterFab claims will be the first affordable, scalable 3D metal printer.
Steven Taub, Sr., director of advanced manufacturing investments for GE Ventures, said: “GE Ventures is reimagining…