Oxford spin-out Fuel 3D secures $2.6m ahead of planned summer financing round and a potential 2015 IPO.
Fuel 3D Technologies, a developer of 3D scanning tools, has raised £1.6m ($2.6m) ahead of a financing round planned for the summer months and a potential initial public offering in 2015.
The round was led by Ben Gill of venture firm Chimera Partners, who was joined by a syndicate of private investors. The funding comes after a successful crowdfunding campaign on Kickstarter last year, where Fuel 3D raised £300,000.
Discussing the fundraising, Gill said: “We have established a core group…
