VC Firms Invest in Two Additive Manufacturing Startups Adding New Materials Capabilities

Within the past few days, various news sources have reported that two new additive manufacturing startups, Voxel8 and Impossible Objects, have received venture funding from Braemar Energy Ventures and OCA Ventures, respectively. While Cambridge (MA)-based Voxel8 is focused on printing embedded conductors, wires and batteries, Northbrook (IL)-based Impossible Objects is targeting composites, such as carbon fiber, fiberglass and kevlar. Their material palettes might be quite different, but the theme of the investments strikes the same note: there is much to be gained from the ability to print varied and complex materials.

Venture Capital Strategies for Additive Manufacturing (Part 2)

On December 8th, I started a series of posts introducing strategies that startups / venture capital firms can employ in the additive manufacturing (3D printing) space, beginning with The Full Stack.  In part two, I introduce how additive manufacturing is poised to make (and in many cases, is already making) hardware startups more viable for venture capital investment, while unlocking scientific discoveries in our universities’ research labs.

Venture Capital Strategies for Additive Manufacturing (Part 1)

Despite all the media hype that has been associated with 3D printing, news stories alone do not create good venture capital opportunities and although the area can boast a few notable exits, it ranks far behind the VC bread-and-butter investment areas, such as software and social networks.  As part of my MBA at London Business School, I investigated the venture capital opportunity associated with additive manufacturing and I believe there are four themes with significant VC/startup promise that will emerge from additive manufacturing in the coming years.

In the coming series of posts, I’ll overview each strategy, starting with going after Chris Dixon’s full stack:

Although the recent acquisition of cloud-based 3D design and publishing startup, Lagoa, has yet to generate significant headlines (neither company have officially announced the deal on their respective websites), La  and Techvibes are reporting that the US CAD giant has paid $60-62 million for the young, Montreal-based Lagoa.

The deal represents another notable acquisition-exit for an advanced manufacturing service/software company.  Although the details of the deal and the previous venture-backed investment rounds are not available, I’ve gone through the exercise running some conservative estimates to better understand how the venture capital community should regard the transaction:

One impetus for this site is a feeling that has been growing in me for some time: many of us just have too much stuff (while a great deal of the Earth’s population simply do not have enough).  This is not to say that I am a minimalist, but rather that decades of mass production have forced us to compromise quality for quantity.  While this is true in our personal lives, it also extends to industry, as well as beyond the physical domain and into the digital world.  Our closets, storage rooms and applications folders show that we spend far too much money, time and effort on things that rarely generate any utility.  In times of increasing strain on resources, eventually this trend has to stop.