Tuesday, June 28, 2016

Arevo Labs Finds $7M In Funding For 3D Printing Additives

Santa Clara-based Arevo Labs, a developer of additive manufacturing materials and related software for high strength, 3D printed composite parts, says it has raised $7M in a funding round. The funding came from Khosla Ventures. Vijit Sabnis of Khosla will join the company's board as part of the fudning. Arevo is ledby CEO and founder Hemant Bheda. Arevo is aiming at the industrial and medical side of the 3D printing market, rather than the consumer end, where 3D printers are used for both rapid prototyping, and in some cases production product.