Velo3D

Metal additive manufacturing solutions provider

Fremont, California, United States

About Velo3D

Velo3D specializes in metal additive manufacturing, also known as 3D printing, providing a complete solution for creating complex metal parts that traditional manufacturing cannot achieve. Their offerings include advanced 3D printers, software, and support services tailored for high-tech industries like aerospace and energy, which require precise and specialized components. Velo3D's technology allows clients to innovate more quickly and efficiently by enabling the production of intricate designs. The company differentiates itself from competitors by focusing on high-end printers, particularly the Sapphire series, and by continuously expanding its capabilities through the qualification of new materials, such as copper alloys. Velo3D's goal is to drive growth in the advanced manufacturing sector by offering both product sales and ongoing service contracts, ensuring a steady revenue stream while meeting the increasing demand for customized parts.

Fremont, CaliforniaHeadquarters
2014Year Founded
$211.2MTotal Funding
IPOCompany Stage
Industrial & Manufacturing, Enterprise SoftwareIndustries
51-200Employees

Benefits

Health Insurance
401(k) Company Match

Risks

Frequent executive changes could disrupt strategic direction and operational efficiency.
Non-compliance with NYSE listing standards poses a risk of delisting.
Shareholder dissatisfaction may arise from recent debt conversion to equity.

Differentiation

Velo3D offers the first SupportFree capability for 3D metal printing.
The Sapphire system ensures repeatability and dependability in serial manufacturing.
Velo3D's integrated solution includes advanced 3D printers, software, and services.

Upsides

Michelle Sidwell's return as CRO could drive technology adoption and sales growth.
Financial restructuring reduces debt, allowing focus on operational growth and innovation.
Collaboration with aerospace companies enhances market position in aerospace manufacturing.

Funding

Total raised$211.18 M
Latest valuation$60.00 M
StageIPO
POST IPO EQUITY
3/31/2024
$12
SPAC IPO
8/31/2021
$300
SPAC PRIVATE PLACEMENT
8/31/2021
$155
LATE VC
5/31/2020
$12
$60.00 M